over budget

Partnership for De-Fi Adoption

$20,000.00 Requested
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Community Review Results (1 reviewers)
Addresses Challenge
Feasibility
Auditability
Problem:

<p>Lack of collaboration between government regulators and the Cardano Foundation to drive mass adoption.</p>

Yes Votes:
₳ 46,300,864
No Votes:
₳ 24,255,320
Votes Cast:
327

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Detailed Plan

What's doing Innovatio?

Innovatio is developing a P2P Crowdfunding platform, which would allow projects within and outside the blockchain ecosystem to submit crowdfunding campaigns under different funding modalities and receive investments in fiat currency and cryptocurrencies.

The Innovatio Founder platform uses blockchain technology to solve and improve the following processes:

  • The investments received are managed in a disintermediated way through smart contracts, providing total transparency in the movements made

  • Innovatio's marketplace crowdfunding campaigns have legal and blockchain representation in parallel. Facilitating the drafting of responsibilities and commitments.

  • Funds raised by each campaign are distributed through milestones and decentralized voting consent among investors with meta-data.

  • Implementation of wallets and fiat currency payments through meta-data and APIs, facilitating a simple and practical user experience.

The Innovatio Founder project aims to be a great user experience and bridge between users who do not know the technology of Cardano and have an interest in learning and consume this.

Cardano Foundation can accompany as an advisory partner in the different phases of Innovatio necessary for the legal and regulated operation of the platform in the different jurisdictions with legal and technical advice. (EU, USA, Canada, Africa, etc).

In this way, in these processes, Cardano Foundation can generate relationships with organizations such as the FSA, World Bank, International Monetary Fund, development agencies, social and educational projects, state programs, etc.

<u>How can Innovatio and Cardano Foundation help each other?</u>

1. In the legal implementation of the Smart Contracts platform, Cardano Foundation can generate legal frameworks and objectives to improve the adoption of Smart Contracts in the financial market.

2. Use the practical example of The Innovatio Founder to expand the adoption of this technology in its different areas. (Smart Contrat, Meta-Data, Digital Identity, Security, etc).

3. Extension of collaborative network with government agencies around the world generating greater adoption and implementation with governmental and regulatory agreements.

<u>How we will achieve this proposal?</u>

Innovatio has the legal advice of a law firm specialized in the implementation of blockchain in financial services such as LimeChain and LimeLegal.

In this way, we have ensured that we know the licenses and regulations necessary to operate in the European Union market with the implementation of Smart Contracts and meta-data.

These firms have specialized lawyers in the field throughout the world, being a high-value partner in the expansion of the platform's service to other jurisdictions.

<u>What KPIs measure success?</u>

1) Agreements for the implementation of blockchain technology in services provided by state or provincial governments.

2) Creating legal frameworks in conjunction with government agencies for the adoption of blockchain technology.

3) Agreements with official development and education organisms for the implementation and development of blockchain technology.

<u>Breakdown Budget</u>

Necessary licenses to operate the Crowdfunding platform with blockchain technology in the European market: $20.000

<u>Social Networks</u>

Twitter: <https://twitter.com/InnovatioGroup>

Facebook: <https://www.facebook.com/InnovatioFounder>

Instagram: <https://www.instagram.com/innovatiofounder>

Discord: <https://discord.gg/tcrdaytKDg>

Spanish Telegram Group: <https://t.me/innovatiofinderesp>

English Telegram Group: <https://t.me/innovatiofindereng>

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