not approved impact proposal

NOMICA Incentive Platform

$50,000.00 Requested
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Community Review Results (1 reviewers)
Impact / Alignment
Feasibility
Auditability
Solution

NOMICA has the ambition to be the leading provider for ESG products and for for the market place to become the main destination to buy NFT’s for these ESG products.

Problem:

The world’s sustainability goals (SDGs, Climate, Green Economy, Finance 4.0) can arguably only be achieved on a global level through highly scalable projects with real, measurable impact.

Yes Votes:
₳ 1,496,007
No Votes:
₳ 39,617,441
Votes Cast:
135

  • Video cover image

[IMPACT] Please describe your proposed solution.

NOMICA’s ESG products will be attractive to some of the biggest brands in the world. They will use our NOMICA NFT’s for their campaigns to show the actions and positive impact they are taking in areas that matter. The NOMICA marketplace will be recognised as the leading NFT marketplace in the ESG sector.

[IMPACT] Please describe how your proposed solution will address the Challenge that you have submitted it in.

We are launching with the 2 verticals that have the most impact. We are onboarding Ocean and Urban related projects, for which direct actions are measured and aggregated. For each project we will know exactly the impact each action will have on the problem they are trying to solve. We will further augment the impact by re-investing the sale of the NFT’s back into the projects tus creating a sustainable cycle.

[IMPACT] What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?

· Fast project onboarding

· Validating the actions (sensor and satellite tracking implementation)

[FEASIBILITY] Please provide a detailed plan, including timeline and key milestones for delivering your proposal.

15.08.2022

Complete Work Breakdown, flowcharts, logic, the definition of smart contract functionality and L1 interactions (step-by-step flowcharts), the definition of interfaces and APIs, list of available components in repositories (Github), regulatory checks started, data security and GDPR safeguards outlined, T&C draft ready, dashboard mock-up (Figma) and marketplace ready. The team confirmed, collaborations confirmed or started. Start marketing

D1) Work Breakdown Flowchart and List including team assignments

D2) Step-by-Step Flowcharts, Smart Contract definition on paper

D3) Regulatory and legal memo and corresponding drafts.

D4) Mock-ups ready for distribution

D5) Signed or drafted collab agreements (including EPFL grant)

D6) Marketing materials, social, website up

31.10.2022

Working Prototype completed (with components missing, just the core engine, no marketplace). All collabs in place and work packages agreed with partners.

Legal and regulatory work completed. User experience clearly defined, and UI alpha version completed (Web3 interface, dashboard, …)

D1) Test reports for core engine and demo of functionality (video)

D2) Signed collab agreements and assignments and pricing (where services), invoices paid.

D3) UX handbook D4) UI ready for inspection

31.12.2022

Prototype with 80% functionality.

1-2 Pilot projects run on prototype (Urbanomica!). Inputs from impact / pricing algorithm (oracles) connected. Further work on UI, UX near completion, token and NFT testing started.

D1) Prototype demonstrator with pilot(s) onboarded, results visible in UI

D2) Test token and NFTs available

D3) Smart Contracts completed (coding) ready for audit

[FEASIBILITY] Please provide a detailed budget breakdown.

Milestone Description

Deliverable(s)

15.08.2022

Complete Work Breakdown, flowcharts, logic, the definition of smart contract functionality and L1 interactions (step-by-step flowcharts), the definition of interfaces and APIs, list of available components in repositories (Github), regulatory checks started, data security and GDPR safeguards outlined, T&C draft ready, dashboard mock-up (Figma) and marketplace ready. The team confirmed, collaborations confirmed or started. Start marketing

D1) Work Breakdown Flowchart and List including team assignments

D2) Step-by-Step Flowcharts, Smart Contract definition on paper

D3) Regulatory and legal memo and corresponding drafts.

D4) Mock-ups ready for distribution

D5) Signed or drafted collab agreements (including EPFL grant)

D6) Marketing materials, social, website up

31.10.2022

Working Prototype completed (with components missing, just the core engine, no marketplace). All collabs in place and work packages agreed with partners.

Legal and regulatory work completed. User experience clearly defined, and UI alpha version completed (Web3 interface, dashboard, …)

D1) Test reports for core engine and demo of functionality (video)

D2) Signed collab agreements and assignments and pricing (where services), invoices paid.

D3) UX handbook D4) UI ready for inspection

31.12.2022

Prototype with 80% functionality.

1-2 Pilot projects run on prototype (Urbanomica!). Inputs from impact / pricing algorithm (oracles) connected. Further work on UI, UX near completion, token and NFT testing started.

D1) Prototype demonstrator with pilot(s) onboarded, results visible in UI

D2) Test token and NFTs available

D3) Smart Contracts completed (coding) ready for audit

[FEASIBILITY] Please provide details of the people who will work on the project.

Christoph Ebell, CEO, founder, Technology, Economics, Execution

Björn Rosendahl, Business Development, Sales, Finance

Laura Bernier, Digital preservation, knowledge mgt, NFTs

Frank Sykes, Marketing, liaison management

Jie Thomas Yang, Advisor

John Crowley, Advisor

[FEASIBILITY] If you are funded, will you return to Catalyst in a later round for further funding? Please explain why / why not.

Yes, for a geographical expansion

[AUDITABILITY] Please describe what you will measure to track your project's progress, and how will you measure these?

The growing number of clients (community), engagements from the business community, and onboarding projects.

[AUDITABILITY] What does success for this project look like?

An active marketplace with thousands of ESG NFT’s listed and a thriving community leveraging the NFT’s as their contribution toward good actions taken palce.

[AUDITABILITY] Please provide information on whether this proposal is a continuation of a previously funded project in Catalyst or an entirely new one.

No

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