February 2025 DYOR Contest (Final Contest)
Submission: Sunday February 2, 11:00 EST (4PM UTC) to Sunday February 16, 11:00 EST (4PM UTC)
NOTE: This is the last contest that we are funded to run through Project Catalyst and will be our final DYOR Contest for the foreseeable future.
NOTE: All projects are accepted for this contest. You just cannot submit a report that you have already entered into a contest.
● You must use the DYOR Tool for the report you submit. https://dyortool.io/
● Only reports that are submitted during this window will qualify.
● Please post a link of your report in the dyor-contest Discord channel.
● Please use your discord handle as the report author name so that we can message the winners and send you your prizes.
NOTE: If you want to utilize AI tools like ChatGPT to improve the quality of your reports, that is OK. But please keep the following in mind.
- Simply asking ChatGPT questions and copying in the answers will not lead to a high quality report.
- Often times the information it gives is outdated, generic or flat out wrong.
- AI can be great at helping to summarize information, like a projects whitepaper, team’s LinkedIn accounts, or giving a list of similar business models on other chains. But all outputs should be reviewed for accuracy as it can easily get things wrong.
- The true value of these reports is your thoughts, insights, and key takeaways while doing the research. This is not something AI can currently do. Letting us know you YOU think about the information, sharing your insights on why it is good or bad is what gives these reports value. The more reports you do, the better you will get at this.
- The final thoughts section probably doesnt need any AI assisttance at all. This is where you are summarizing all your thoughts on the project and sharing anything else you think might have been relevant to the readers but might not have fit anywhere else in the report.
Discussion and Voting:
Sunday February 16, to Sunday February 23 (Its hard to give and exact time when it will open but the voting will remain open for 7 full days).
● This period is used for discussions of the reports submitted and voting for the winners. The discussion will be held in our Discord.
● The voting will take place on Summon https://app.summonplatform.io/ and we will be using $AUDIT for the voting (1 $AUDIT = 1 vote). Policy ID — f2fe9aafd2e5b3b00e2949a96d44a84d9f4d818d63945010a466a4ae.
● Team is able to vote with their allocation.
Result:
● We will announce the result shortly after the deadline closes
● We will notify all winners shortly after the contest ends and request a wallet address to send the rewards to.
Report Criteria:
The DYOR report submission must follow the same criteria listed in our bounty guidelines. They are summarized below:
i. Length -1600 word minimum. To determine word length, the final report can be copied and pasted into a word document. This gives us an easy, straightforward, and repeatable method to measure length. A blank dapp report is about 754 words and a blank NFT report is 671 if no additional information is added. 500 words is about 1 page of writing, single spaced, for reference. So 1600 words is roughly 2 pages of writing which is a reasonable minimum amount to fully respond to the various research points in the tool.
ii. New Report — Report must not already be in our Library.
iii. Content Quality — Not simply just copying and pasting website information into the report. Finding and displaying accurate information from the project’s website or whitepaper is important. But just copying and pasting that information does not lead to a high-quality report. The author should provide information they gathered from discord, talking to other sources, minting experience, twitter spaces, interviews, YouTube videos, specific insights about founders’ LinkedIn profiles, etc. This information is not only helpful because it is not easily accessible or time-consuming to gather, and educational and entertaining to read. Authors should provide their own insights into the information they gathered to help put the information into context or help the report reader understand its significance. This does not mean that you cannot copy and paste any information. There is a lot of good properly cited information that can be transcribed into the report from the website or whitepaper and that is not inherently bad.
Prizes
1st prize = 200 ADA, 50,000 AUDIT
2nd prize = 140 ADA, 20,000 AUDIT
3rd price =100 ADA, 10,000 AUDIT
4th prize = 80 ADA, 4,000 AUDIT
5th prize = 80 ADA, 4,000 AUDIT
6th prize = 80 ADA, 4,000 AUDIT
7th prize = 80 ADA, 4,000 AUDIT
8th prize = 80 ADA, 4,000 AUDIT
9th prize = 80 ADA, 4,000 AUDIT
10th prize = 80 ADA, 4,000 AUDIT
*For any ties, the prizes will be split amongst the people who tied.
There are no restrictions to which projects you can choose to do your research on other than the restriction mentioned above (ie the report must be new, or the most recent report must be at least 6 months old).
Disclaimer
The information in this article and contest is produced for educational and informational purposes only and is not intended to be used as a financial promotion. No information, data, or analysis presented are intended to form the basis of any investment decision. This is not investment advice, solicitation of any kind nor an endorsement. Nothing in this document should be construed as an offer or inducement to engage in any form of investing activity.
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