Legal & Financial Implementations gravatar Legal & Financial Implementations

How can we build effective solutions to explore and provide legal & financial services and support to funded Proposers.

Currently the real Challenge for Funded proposals relies on implementing legal and financial boundaries and frameworks for their projects.

Providing funded proposals with solutions and services to operate legally in their residing country will open new possibilities and provide peace of mind to the project owners.

Many projects will broaden their horizons and increase their impact on the Ecosystem once legal and financial frameworks are explored and established.

This will in turn promote adoption and improve product ownership. There is a need to get accountants and lawyers into the Cardano & Catalyst Ecosystem.

Challenge Team for Fund 9

  • André Diamond

  • Miroslav Rajh

Why is it important?

When receiving Funds, many emerging Projects in Catalyst face legal and financial issues which block them from moving forward.

How does success looks like?

A direct access to solutions which provide financial and legal services, support and guidance to emerging Projects in the Catalyst Ecosystem

Key Metrics to measure

Use Case - How many funded proposals are making use of these new solutions and services

Impact - How many of these new implementations are mutualistic to funded proposals.

Scalability - How scalable are the solutions introduced in this challenge. Are provided solutions able to scale to 10x 100x 1000x ?

Adaptability - Can these solutions and services be used anywhere in the world

Expand
47
Total Proposals
10
Funded Proposals
0
Completed Proposals
$ 500K
Available
$1.8M
Requested
$491.3K
Awarded

Imani Web3 Legal Services Portal Quick Pitch

$50,000 Requested

Solution: Imani Partners proposes a conversational app platform that guides entrepreneurs and businesses to internationally compliant legal services and structures relevant to Web3 Crypto Blockchain providers.

Fund: Fund 9 Challenge: Legal & Financial Implementations
over budget impact proposal Requested 10% of the fund.
4.67 (24)

Global Compliance 200+ Jurisdiction

$17,800 Received
$26,700 Requested

Solution: Integrate reliable AML/BSA FinCEN compliance and monitoring services into existing KYC services for funded projects to use.

Fund: Fund 9 Challenge: Legal & Financial Implementations
funded Awarded 5.34% of the fund.
4.42 (24)

Fundraising solutions in Argentina

$14,400 Requested

Solution: Find a possible fundraising solution that meets Argentine law and finance to get the fundraising project off the ground

Fund: Fund 9 Challenge: Legal & Financial Implementations
over budget impact proposal Requested 2.88% of the fund.
4.33 (24)

For Cardano, Accountants & Lawyersl

$79,183 Requested

Solution: Upskilling African accountants weand lawyers would solve this crisis and help to address the 6.73 million unemployed in Africa, starting with Zimbabwe. We will grow Cardano and Africa together.

Fund: Fund 9 Challenge: Legal & Financial Implementations
over budget Requested 15.837% of the fund.
4.17 (36)

FluidTokens legal entity

$40,000 Requested

Solution: Creating the no profit DAO entity in Switzerland will allow Fluidtokens users to be represented both onchain and in real life, with legal guarantees of their governance and representative power

Fund: Fund 9 Challenge: Legal & Financial Implementations
not approved Requested 8% of the fund.
2.62 (21)

Financial Implementation Blockchain

$45,000 Requested

Solution: The content will drive many people can be seen through financial implementation to provide more transparency, clarity, and no ambiguity among each debtor, and robust lending fintech will be trusted.

Fund: Fund 9 Challenge: Legal & Financial Implementations
not approved Requested 9% of the fund.
3.47 (15)

Documenting Human Rights Evidence

$40,000 Requested

Solution: The R-Archive is a blockchain-based digital repository of human rights and historical documents critical to the Rohingya people.

Fund: Fund 9 Challenge: Legal & Financial Implementations
not approved Requested 8% of the fund.
2.89 (27)

DLT360: Securities Law & Tokens

$12,500 Requested

Solution: DLT360's Legal Team will map out emerging securities regulation and obligations around token & digital asset issuance, beginning in the US and EU and later branching out to other jurisdictions.

Fund: Fund 9 Challenge: Legal & Financial Implementations
over budget Requested 2.5% of the fund.
4.08 (24)

Digital Voter ID

$50,000 Requested

Solution: We are proposing the first decentralized digital ID system that is entirely transparent. All citizens will be assigned a unique voter ID that can be accessed and validated on the Cardano blockchain.

Fund: Fund 9 Challenge: Legal & Financial Implementations
not approved Requested 10% of the fund.
1.7 (30)

Digital Identity Integration

$75,000 Requested

Solution: projectNEWM aims to provide all individuals who fractionalize ip rights with DIDs.

Fund: Fund 9 Challenge: Legal & Financial Implementations
over budget Requested 15% of the fund.
2.63 (24)

Creation of a registered company

$30,250 Requested

Solution: We are a funded project from F8, called TRACE - Product Tracing on Cardano. We propose to create and maintain a registered company (S.r.l in Italy, similar to an LLC in US).

Fund: Fund 9 Challenge: Legal & Financial Implementations
not approved Requested 6.05% of the fund.
2.93 (15)

Connecting KYC to Tokens

$90,000 Requested

Solution: We are developing a framework for a KYC token - not dedicated to one wallet - that can be used get verified automatically in order to ensure safe and fast crypto transactions.

Fund: Fund 9 Challenge: Legal & Financial Implementations
not approved Requested 18% of the fund.
2.9 (30)

Catalyst Mediation Treasury

$10,000 Requested

Solution: A treasury to be used by the Catalyst community to request professional mediation through mediators.ai, a Catalyst funded project.

Fund: Fund 9 Challenge: Legal & Financial Implementations
over budget Requested 2% of the fund.
4.47 (15)

Cardano Lawyer (EU-region)

$22,700 Requested

Solution: I have this knowhow and legal expertise as EU crypto & tech lawyer and want to put it to use for Cardano projects by helping Cardano stakeholders with legal Qs + be SPOC for knowledge.

Fund: Fund 9 Challenge: Legal & Financial Implementations
over budget Requested 4.54% of the fund.
4 (51)

Cardano ERP for Catalyst

$100,000 Requested

Solution: CERP for Catalyst will be an intelligent open-source Cardano-native accounting/auditing system consisting of a GL, COTI Pay integration, funds/revenue receipts modules, and financial + audit reports.

Fund: Fund 9 Challenge: Legal & Financial Implementations
not approved Requested 20% of the fund.
2.92 (36)

Cardano-Crystal Legal Operations Quick Pitch

$24,000 Requested

Solution: We will manage our registration and licensing in the regulatory body, in order to build a platform that allows us to promote, train and freely inform about the adoption and use of Cardano

Fund: Fund 9 Challenge: Legal & Financial Implementations
not approved Requested 4.8% of the fund.
2.93 (15)

Cardano4Charities

$8,000 Requested

Solution: We will reach out to the most important NGOs and charitable organisations to educate them in crypto tools and adoption to encourage acceptance of crypto donations, benefiting donors and organisations.

Fund: Fund 9 Challenge: Legal & Financial Implementations
not approved Requested 1.6% of the fund.
3.58 (24)

Blueprint for Investment Funds

$39,857 Received
$39,857 Requested

Solution: We propose to create a verified blueprint of how to set up an investment fund to manage money for up to 50 individuals in compliance with KYC and AML regulations for a $30k setup fee and $10k annual

Fund: Fund 9 Challenge: Legal & Financial Implementations
completed Awarded 7.971% of the fund.
4.87 (15)

Automated funding 4 funded projects

$63,900 Requested

Solution: This proposal aims to build a smart contract to automatically disburse amongst wallets of project members. dApp is designed to send ADA under certain pre-set conditions.

Fund: Fund 9 Challenge: Legal & Financial Implementations
over budget Requested 12.78% of the fund.
4.19 (21)

Assembly of TriState/National SPAC

$9,000 Requested

Solution: Have my SuperPAC ready for the general election w/ a pipeline of organizations fitting Cardano & crypto blockchain industry like Singularity.NET to help create interesting informed mindfulness

Fund: Fund 9 Challenge: Legal & Financial Implementations
not approved Requested 1.8% of the fund.
2.33 (18)

AI lawyer on Cardano - Profila/HSLU

$78,000 Received
$78,000 Requested

Solution: Profila & University of Luzern are building an "AI lawyer“, giving automated expert advice by matching people' legal questions with a smart knowledge base of +1 million laws, contracts & policies

Fund: Fund 9 Challenge: Legal & Financial Implementations
completed Awarded 15.6% of the fund.
4.67 (51)

African Journalists - AJEOT 2022 Quick Pitch

$35,000 Requested

Solution: Use African Journalists for Economic Opportunity Training (AJEOT) program to develop journalists’ analytical and competent skills to engage and influence blockchain policy development and adoption

Fund: Fund 9 Challenge: Legal & Financial Implementations
over budget Requested 7% of the fund.
4.28 (18)

Accounting Reporting France

$11,200 Received
$11,200 Requested

Solution: Analyzing the flow of funds in catalyst and working with accounting and legal services to define an accounting reporting path. Coordinating and supporting others in the process.  

Fund: Fund 9 Challenge: Legal & Financial Implementations
completed Awarded 2.24% of the fund.
4.64 (36)