Periodic Reporting for period 2 - Human City Platform (A Human City Platform for town and city councils to foster citizen engagement)
Reporting period: 2017-02-01 to 2018-09-30
Why is this important? Half of the United States adult population could be considered “Interested Bystanders” – 48.9% of people are paying attention to issues around them, but not actively voicing their opinions or taking action on those issues. There is a misalignment between how Interested Bystanders think they should engage civically, and the ways they do engage. While Interested Bystanders associate the political aspects of civic life with conflict, shame, and negative experiences, they are attracted to the aspects that are about community involvement and social relationships. Although Interested Bystanders say that power comes from having a voice, they are disinclined to share their own opinions. Interested Bystanders believe they have the most power at the local level — either because they have greater ability to influence others in their immediate circles, or because they feel proportionally more important in a smaller population — yet most participants reported voting only at the national level, indicating a tension between their voting choices and their own sense of efficacy.
Our overall objectives are to scale Social Coin’s technology and gain knowledge to engage citizens on solving their community issues and to give governments real time and actionable information about civic needs and concerts to build better policies. To get there, we will create a platform to analyze any language based data sources to dimension the issues in a city and prioritize solutions, rewarding citizens who gets engaged in them through the blockchain to promote a more responsive, transparent and inclusive governance giving governments accurate situational analysis and prioritization of the solutions in a city, unlocking the power of bystanding citizens, to better serve in their mandates. The challenges we are facing are about technology are (1) To create a technology based on Machine Learning to help understand and give a dimension to the issues concerning the citizens. (2) To create interfaces enough attractive for citizens to participate, with mechanics to engage them in a sustainable way and (3) To create a powerful API to help any civic engagement platform to have a civic rewarding system.
10 pilots were carried out during the project is different countries and with different challenges, with very good feedback. Apart from this, we have achieved international and relevant media coverage during the project, we have increase our efforts in web positioning by creating content, inbound marketing, and media coverage, we have been presence in several worldwide events and we have been in several events worldwide and attracted and engaged international consultancies and large software integrators.
We have grown and consolidated our team into 11 outstanding professionals who lead a state of the art technology development and an outstanding value proposition that starts showing recurrent traction in the market. We have raised 355k€ from 7 angel investors who actively help us in strategy and introductions. We have also closed an agreement from NTT Docomo Ventures to lead our series A during 2019. At the moment of this report, we also got commitments from more 3 investors with a total sum of 1,5MM€ committed.
Regarding sales, that’s probably the least impressive milestone as (1) the ready-to-sell solution has been released beginning 2018 and (2) due to the slow go-to-market strategy that is based on an indirect approach through partners. We expect to consolidate our sales and capitalize all the 2018 efforts in creating an ecosystem of partners from 2019, where we should have a revenue of 1,6MM€. On the other hand, and related to sales, during 2018 we have started to build an ecosystem of partners who are selected, trained and have a unique value proposition built on top of our technology. Today, some of these 8 partners are selling without any support from our side recurrent projects that solve a real need in society.
Finally, but very important for us, during the project we have implemented more than 20 projects worldwide that have impacted in more than 100.000 people. In the near future, we calculate that our solution can evolve into something disrupting the whole society as Singularity University experts recognized.