over budget
Integrate Assets & Debt into ADA
Current Project Status
unfunded
Total
amount
Received
$0
Total
amount
Requested
$100,000
Total
Percentage
Received
0.00%
Solution

A new system that operates as circle instead of a pyramid. Each country has different laws we have to follow, but the core will be the same.

Problem

The problem I see facing crypto is that its struggling to integrate Assets & Debt into the blockchain. There is an enormous market for this.

Addresses Challenge
Feasibility
Auditability

Team

2 members

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[IMPACT]

Integrate the Assets & Debt economy into the blockchain. From Land, Houses, Apartments and Industry Buildings.

It will help grow Cardano more than any other sector in the eco-system

Opening peoples minds to a new way of doing things, we have a chance to re-invent the mortgage sector a 200trillion dollar industry. We shouldn’t let the way things work now stop us from trying something new and exciting.

[FEASIBILITY]

Start DeFi

-Create a token 1,000,000,000 tokens. Have and ICO of 500,000,000 that way the community will own 50% of the platform

-Integrate House, Land and Buildings value into blockchain using de-fi.

-If you purchase tokens outside of owning a home this will allow you to collect passive income in dollars.

$5,000 - graphic desinger

$5,000 website

$5,000 - social media development

$60,000 for eco-system development

$25,000 on marketing & advertising

1. Starting our own De-Fi Mortgage Platform for (One Small Town - OST)

2. Creating hype around the new token format

3. In each country start a mortgage institution that will establish a way to verify loans & debt.

4. Each country has different laws so they need to have their own institution. This will be a way to transition people from Fiat to Crypto.

Patrick Gleeson - I worked in a Company Oil Company in IT specifically Data Management for 8 years. I no longer work there because I automated my job.

[AUDITABILITY]

1. De-Fi Launch Initial Coin Offering 50% of total tokens will be sold

2. Starting Institutions in each country (People who already hold tokens will be picked for this and be paid in more tokens)

3. This is about empowering people to get out of the debt faster so they can focus on whats important to them.

Mortgages Debt and Assets integrated into the ADA blockchain. This could be in the billions if not trillions.

https://cardano.ideascale.com/c/idea/383521

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