Tech-powered Elderly Care DAO (Model DAO)
Fostering Love Across Generations with Innovative Care
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About this DAO
Introducing a modern solution for elderly care with the Tech-powered Elderly Care DAO – where seniors connect with young mentors for real-time sessions and companionship through this DAO innovative technology solution. This adaptable, AI-supported solution meets the needs of families seeking enriching experiences for their seniors, while also providing opportunities for young participants to contribute as volunteers or tutors.
Read more: Announcement of Model DAO: Tech-powered Elderly Care DAO
Kambria DAOs Model
Kambria DAOs governance model implemented on XDAO
This article introduces Kambria DAOs governance model and how we implement it on XDAO, regarding GT - LP tokens, Development work management, Commercialization and Revenue sharing management of the DAOs.
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How to become a DAO Council member by being active in the DAO?
In Kambria DAO's governance model, 40% (400 GTs) goes to big fund contributors, and another 40% goes to active LP token holders. In this article, we would like to introduce in more detail Kambria Credit reward rules for DAO activities. So that anyone interested can prepare their plan to become a DAO Council member by being active in the DAO.
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NFT IPs of Technology solutions in Kambria DAOs
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Tech-powered Elderly Care Solution
Solution development
DAO Dev Partner
In the Model DAO, Kambria will play the role of DAO Dev Partner, following Kambria DAOs model:
- Dev Team presents proposal with prototype ready for the Judge Committee to evaluate
- Dev Team becomes DAO Dev Partner upon passing the evaluation
- The DAO fundraising starts for the first product cycle
MVP features
We have set a goal to complete the MVP by June 2024, which includes experimentation. The MVP will encompass the following features:
- Session Posting: SeniorBuddies can post open sessions, specifying the time and topic.
- Session Booking: Seniors can browse open sessions and make bookings.
- AI Voice Assistance: The MVP will incorporate AI voice assistance to support the seniors in using the solution by Q&As or executing their commands. The initial training language for AI models in the MVP stage is Vietnamese. Subsequently, we will extend support to English and later other languages, considering the diverse native languages spoken by most seniors.
- Payment Transactions: The application will support various payment transactions, including payments for subscription plans, revenue sharing with DAO partners and members, and payments to SeniorBuddies per session.
- Hardware Integration: The MVP will be compatible with common home devices such as phones, tablets, laptops, or TVs. Subsequently, we will extend integration with Ohmni robots, providing users with a variety of options for utilizing the solution.
MVP experimentation
Throughout the MVP development phase, we plan to conduct an experiment by inviting a cohort of seniors and a group of SeniorBuddies to actively test the solution. This will involve creating sample calls and collecting valuable feedback to enhance the overall user experience.
Solution Commercialization
DAO Community Partner (DAO Hub)
In accordance with the Kambria DAOs model, the Community Partner leads the DAO community in their Hub, actively participating in the solution's commercialization and receiving compensation for their Hub’s contributions.
Within the Model DAO, Kambria will play the role of DAO Community Partner (DAO Hub), with specific works including:
- Launching promotional campaigns in their local area.
- Managing sales orders and providing customer support in their locality, earning revenue-sharing from subscription sales.
- Onboarding SeniorBuddies in their locality: overseeing registration and qualification processes, conducting training sessions for solution usage, and facilitating payment setups.
NFT IP Licensing
In Kambria DAOs model we introduced the concept of NFT IP Licensing for hardware solutions, wherein:
- The codebase of the solution is tokenized into NFTs, and manufacturers can purchase these NFTs to become Production Partners of the DAOs. This grants them a license for technology transfer to manufacture the robots in their respective localities or countries.
- DAO members holding 10.000 LP tokens gain access to the solution’s codebase.
In case the solution of the Tech-powered Elderly Care DAO is a software solution with hardware integration:
- The rule allowing DAO members with 10,000 LP tokens to access the solution's codebase remains applicable.
- We may explore the possibility of selling NFT IP Licensing specifically for the AI supervision module.
Timeline
- Q1 & Q2 2024: MVP development and experimentation
- Q3 2024:
- DAO launch – Proposal presentation & Evaluation
- Fundraising
- Commercialization
Date |
TECH- POWERED ELDERLY CARE DAO TIMELINE (Key events) |
Aug 2, 2024 | Info session
– Kambria Introduction – Guest talks – Spark sharing “My stories” |
Jan 10, 2025 | Online DAO Launch event:
– Dev Teams present proposals – Q&A from Community & Expert – Kick start the fundraising campaign – How to join |
Partnership Invitations To:
Seniors’ families
If you are interested in subscribing to this Elderly Care solution for your parents or grandparents to connect, experience and enjoy companionship, please provide your information in the form below. We will contact you as soon as the solution becomes available.
Additionally, we would appreciate the opportunity to invite your parents or grandparents to participate in the experimentation phase if they are willing.
Fund Contributors
Some financial information we would like to highlight for your reference:
- According to Fact.MR, the global senior care technologies market is at present valued at USD 43.38 Billion in 2022.
- The market is further anticipated to cross a valuation of USD 76.23 Billion by the end of 2032.
- The industry is likely to grow with a CAGR of 5.8% in the forecast period.
As per Kambria DAOs model, DAO fund contributors purchase DAO LP tokens to become DAO members:
- All DAO LP token holders can earn revenue sharing in commercialization phase
- Members holding 10.000 LP tokens gain access to the solution codebase
- Members with at least 5% LP tokens will join the DAO Council to vote for DAO decisions.
The investment or expense budget will be used for:
- 65% for R&D and Production (R&D only in this case)
- 20% for Sales and Marketing
- 15% for Operations
Revenues from solution sales, services and licensing will be allocated:
- 75% for expense budget
- 25% for revenue sharing to DAO fund contributors.
Community Partners
Some potential collaborations we would like to propose:
- Raising public awareness: We can cross-share elderly care actions among our communities. We can also co-organize activities to raise awareness such as donation campaigns, Elderly Care days….
- TECD Hubs: Community Partners will lead the DAO community in your Hubs to participate in the solution commercialization and get paid for the contribution of your Hubs. Please refer to the Solution commercialization section above for the demonstration of Kambria in this role.
Service Partners
If you are experienced in doing elderly care services, and interested in collaborating with the DAO as Service Partners, we warmly invite your involvement in the solution development phase. Your insights into the requirements for the solution and participation in testing during the pilot phase would be highly valuable.
Together, we can work to integrate our elderly care solutions and enhance the quality of services.
Partnership Exploration Form:
Instruction on how to buy DAO LP Tokens
In this article, we will provide detailed information and instructions on how to join in the journey of Social Impact Investing by purchasing DAO LP Tokens with the Pet Care Robot DAO LP Token Sale as an example.
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Special Discount Program Announcement – Kambria DAOs Token Sale
We are excited to announce the launch of our Special Discount Program, offering exclusive discounts for participants who contribute to our token sale campaigns for Kambria Pet Care | Ocean Cleanup and Mine Clearing Robot DAO. This program presents a unique opportunity for you to join us in making a lasting impact and revolutionizing Kambria's initiatives.
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