[IMPACT]
Develop a roadmap for establishing token based businesses on the Cardano network.
Allow the Cardano community to engage and direct a decentralised open ecosystem business, with the goal of providing solutions to global warming, ensure food securities, end malnutrition, while increasing collaborations across Cardano projects.
The aim is to build a social enterprise on the Cardano network
Creating a new Cardano based blockchain business model for others to follow the framework.
This will include analysis of international regulations for establishing token based projects on the Cardano network, with business structures, financial modelling and legal requirements.
This will help to introduce common standards and processes across the Cardano ecosystem.
A new Enterprise for positive social impacts, turning commercial experience and knowhow into a financially viable operation with positive environmental and social outcomes.
Conception of DAO for governance, operations and enhanced project selections.
Being able to develop a robust business architecture that complies with international and local rules and regulations.
Their are currently numerous challenges in international laws and regulations which change from region to region. This effects the architecture of social business models based on the Cardano blockchain.
[FEASIBILITY]
We have allocated three months for the Team to establish a business model / social enterprise that allows the flow of finance and information between on-chain cryptocurrencies and off-chain business architectures.
This involves deliberations with lawyers and accountants to allow for an efficient business model that abides by local and international laws and regulations.
Month 1
- Legal research
- Acquire legal and accounting consultants
- Engage in business model development
Month 2
- Identify social impact business models that suit the Cardano ecosystem
- Engage with the broader community to build awareness of our project and the Cardano ecosystem
- Encourage open source contributions from the Cardano network
- Define international cryptocurrency regulatory requirements
Month 3
- Finalise social business models
- Characterise token business models
- Analyse social enterprise options for the Cardano ecosystem
- Describe and publish findings
- Compile impact reports
· Project development: 20 hours per week for 3 months = 260 hours at $30/h = $7,800
· Business structure development
· Financial modelling
· Legal research
· Project management and reporting
· International Legal advice & consultancy (40 hours at $75 = $3,000)
· Tax and accounting advice & consultancy (32 hours at $75 = $2,400)
· Other expenditures (approx. $1,800)
· Registration fees
· Trading License
Total $15,000
Dylan Kreis <https://www.linkedin.com/in/dylankreis/>
Chemical Engineer
Bachelor of Information Systems
He has significant experience as a Chemical Engineer and Farm manager for a micro algae-based companies in Australia and as the Algae Energy Farm Manager for the University of Queensland. Consulting for microalgae companies in Australia and the middle east.
Dr. Skye Thomas Hall <https://www.linkedin.com/in/skye-thomas-hall-858a6639/>
PHD. Microbiologist
Dr Thomas-Hall has worked at the University of Queensland as Team leader of the Algae Biotechnology supervising a number of PhD, Masters, Honours and undergraduate students, all working on algae production/processing.
Skye has helped set up over 30 small scale projects in hatcheries, university operations and several larger companies, primarily based in northern America and Australia.
Dr. Swaminathan Detchanamurthy <https://www.linkedin.com/in/dr-d-swaminathan-5982b115/>
PHD. Microbiologist
Chemical Engineer
Dr D. Swaminathan serves in the Board of different microalgae cultivating companies which includes Seagrass Tech Pvt Ltd India. Qponics Ltd., Australia, Glaukos Algae Technologies, India and Algae Australia
[AUDITABILITY]
The creation of a business model that adheres to broad international cryptocurrency regulatory requirements
Impact reports
· Reports and analysis from social enterprise experts
· Identify regulatory needs and requirements
· Create time based outlines to legal structures and business models
· A scientific approach to all business orientated operations
Success
The development of a sustainable, scalable social impact business model, which is robust enough to handle adversity and fits the legal rules and regulations of local and international governments.
Strong legal structures, both on and off chain.
Acquisition of business and trading licenses
Building sustainable businesses around circular economies (climate positive)
Showcasing a business model that provides the Cardano community an alternative opportunity to reduce global warming and become a net zero blockchain. While increasing food securities and promoting sustainable economic growth. Algae produces more than half the world’s oxygen and consumes 2kg of CO2 for every kg of algae produced, making it the fastest solution for resolving climate change.
Entirely new project, this is the first proposal
SDG Rating
SDG goals:
Goal 1. End poverty in all its forms everywhere
Goal 2. End hunger, achieve food security and improved nutrition and promote sustainable agriculture
Goal 4. Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all
Goal 6. Ensure availability and sustainable management of water and sanitation for all
Goal 9. Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation
Goal 12. Ensure sustainable consumption and production patterns
Goal 15. Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss
SDG subgoals:
1.1 By 2030, eradicate extreme poverty for all people everywhere, currently measured as people living on less than $1.25 a day
12.2 By 2030, achieve the sustainable management and efficient use of natural resources
12.8 By 2030, ensure that people everywhere have the relevant information and awareness for sustainable development and lifestyles in harmony with nature
12.c Rationalize inefficient fossil-fuel subsidies that encourage wasteful consumption by removing market distortions, in accordance with national circumstances, including by restructuring taxation and phasing out those harmful subsidies, where they exist, to reflect their environmental impacts, taking fully into account the specific needs and conditions of developing countries and minimizing the possible adverse impacts on their development in a manner that protects the poor and the affected communities
2.1 By 2030, end hunger and ensure access by all people, in particular the poor and people in vulnerable situations, including infants, to safe, nutritious and sufficient food all year round
2.4 By 2030, ensure sustainable food production systems and implement resilient agricultural practices that increase productivity and production, that help maintain ecosystems, that strengthen capacity for adaptation to climate change, extreme weather, drought, flooding and other disasters and that progressively improve land and soil quality
2.a Increase investment, including through enhanced international cooperation, in rural infrastructure, agricultural research and extension services, technology development and plant and livestock gene banks in order to enhance agricultural productive capacity in developing countries, in particular least developed countries
6.3 By 2030, improve water quality by reducing pollution, eliminating dumping and minimizing release of hazardous chemicals and materials, halving the proportion of untreated wastewater and substantially increasing recycling and safe reuse globally
Key Performance Indicator (KPI):
6.3.1 Proportion of domestic and industrial wastewater flows safely treated
2.a.2 Total official flows (official development assistance plus other official flows) to the agriculture sector
6.3.2 Proportion of bodies of water with good ambient water quality
2.a.1 The agriculture orientation index for government expenditures
2.4.1 Proportion of agricultural area under productive and sustainable agriculture
2.1.2 Prevalence of moderate or severe food insecurity in the population, based on the Food Insecurity Experience Scale (FIES)
1.1.1 Proportion of the population living below the international poverty line by sex, age, employment status and geographic location (urban/rural)
12.2.1 Material footprint, material footprint per capita, and material footprint per GDP
12.2.2 Domestic material consumption, domestic material consumption per capita, and domestic material consumption per GDP
12.8.1 Extent to which (i) global citizenship education and (ii) education for sustainable development are mainstreamed in (a) national education policies; (b) curricula; (c) teacher education; and (d) student assessment
12.c.1 Amount of fossil-fuel subsidies (production and consumption) per unit of GDP
2.1.1 Prevalence of undernourishment
