Create an IMS that easily integrates into Project Catalyst and functions as a standalone system for external organizations, ensuring broad adoption.
Design a user-friendly interface with straightforward forms and questions, aligning with Project Catalyst’s simple application and reporting processes.
Embed Scalability, Interoperability, and Sustainability into the IMS, reflecting Cardano’s core values.
Ensure the IMS captures impacts related to People, Purpose, Technology, Research, and Opportunity, integrating Cardano’s guiding principles
Develop a flexible system that scales with the ecosystem’s growth, allowing customization while maintaining a set of core indicators.
Collect data on social, economic, environmental, and governance impacts to provide a comprehensive assessment of each project
Use open standards and APIs to facilitate integration with other platforms, enabling use by NGOs and external partners
Include mechanisms for feedback and refinement, allowing the IMS to evolve with ongoing research and project needs
Provide clear and accessible impact data to build trust and support informed decision-making within the community
Ensure the IMS is lightweight and resource-efficient, minimizing burdens on applicants while supporting effective impact measurement