RepuScore is the winner of Eth Waterloo 23 hackathon best NounsDAO Public Goods prize. It is a reputation scoring and contribution measuring system for DAOs that utilizes the ERC-6551 standard to use for smart contract accounts create an NFT within an NFT, allowing members to keep a record of their achievements in each DAO they are a part of.
The goal of RepuScore is to measure contributions and create a meritocratic system, providing several advantages for DAOs such as more accurate measurement of contributions, improved decision-making, increased engagement, transparency and accountability, incentivizing actions, and funding public goods. Repuscore awards plans to determine XP points for each member based on task completion or certain actions.
RepuScore is a multi-dimensional reputation scoring and contribution measuring system for DAOs that takes into account factors such as longevity of involvement, participation in decision-making processes, success of proposed initiatives, and impact of contributions to the community. By utilizing the new ERC-6551 standard, RepuScore can create an NFT within an NFT, allowing members to have a record of their achievements in each DAO they are a part of, similar to a CV. This provides a transparent and verifiable way for members to showcase their contributions and involvement in various DAOs.
Eth Waterloo 23
Our team started to test the idea and find out if others are facing the problem by taking part in Eth Waterloo 23 the hackathon which took part in Eth Waterloo 23 where 600 + hackers from 29 countries joined and for a hackathon with 168 projects were submitted projects submitted.
Our team was the last to pitch our public goods project to Nouns DAO, after waiting in a long line of other vendors. The Nouns DAO team was exhausted and wanted to end the presentations, but we insisted on getting our chance. We were amazed when we won the best public goods Nouns DAO prize. https://ethglobal.com/showcase/repuscore-89o6s .
We chatted with the Nouns DAO team post-presentation and they wanted to see this Repuscore implemented and encouraged us to apply for grants as public goods. So we are here to create a meritocratic system for DAOs which would help in engagement and measuring contributions.
Scope of Repuscore
Our goal is to measure the contributions of members so it rewards engaged and value-providing members and creates a meritocratic system. By accurately measuring contributions one could create a reputation system that could immensely help in selecting the best lead of a subdao, help in selecting a team, and show the contributions of a member not only within but also outside DAO.