not approved

Meta-data financial real use case🔥

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

<p>People are not capitalizing on the potential of meta-data to use it as a valuable feature to connect to the real world.</p>


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Detailed Plan

<u>What's The Innovatio Founder?</u>

The Innovatio Founder is a P2P crowdfunding marketplace with multiple funding modalities, using the Cardano blockchain to deploy smart contracts and meta-data facilitating the funding of diverse start-ups and DApps in a secure, transparent and efficient ecosystem.

This crowdfunding marketplace is focused on innovative technology, video games, and design categories. The first crowdfunding model available will be the rewards category, where the investor receives the product or service in the future.

The Innovatio Founder would be a private company, which will comply with EU rules and regulations allowing it to offer this service throughout all the EU, enabling the mass adoption of blockchain technology in the European market.

<u>What's Gamechanger?</u>

GameChanger is a humanized and gamified wallet that aims to embark end users on a simple and intuitive experience by making it easy for them to develop and use around an ecosystem of DApps accessible from the wallet itself. It has also engaged with developers to facilitating simple, novel, and crucial development and integrations for upcoming projects in Cardano.

GameChanger is helping people realize the potential behind metadata on the Cardano blockchain, offering them features to build applications around the ecosystem. Innovatio's plans align with the use of metadata to anchor real-world data and identities in the blockchain metadata, this serves as a starting point for a collaboration with a lot of potential in the future.

<u>What are we doing together?</u>

Innovatio is developing its back-end architecture where it needs to implement many on-chain and off-chain functionalities to make the use of the platform as simple, secure, and transparent as possible.

GameChanger is currently developing very interesting functionalities that can provide solutions to Innovatio's needs.

Therefore, we have decided to work together to develop these functionalities more efficiently and productively, bringing a Win-To-Win to both projects.

<u>We will work together in the development of features such as:</u>

  1. Implementation of external wallets.
  2. Ease on non-custodial wallet creation through GameChanger Wallet for users.
  3. Architecture and operation of an Integrated DEX/SWAP
  4. Smart-contract support through GameChanger Wallet for DEX/SWAP operations and others
  5. Re-funding system for invested funds.
  6. Exchange of meta-data with legal and juridical information for the investor.
  7. Representation and voting system with meta-data.
  8. The representation of marketplace users in the blockchain and real identity with meta-data.
  9. Client-side data anchoring on Cardano Blockchain

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

GameChanger will develop a simple mechanism so that any user without basic knowledge of blockchain can create a private wallet in simple steps, allowing them to link it to their profile and have self custody of their private key. This will be achieved by using simple URL redirections.

Creating a decentralized self-sovereign data anchoring on the blockchain to allow users to subscribe their data to the platform, aided by GameChanger Wallet URL dApp connector, in order to have objective information to represent legal contracts with commitments and responsibilities of individuals.

<u>How does success look like?</u>

1. Fiat users will be able to easily create an external wallet to have representation on the blockchain and perform corresponding transactions.

2. Database information can be easily represented and linked on the blockchain enabling functionalities to be used in the real world.

3. Visibility of the importance of metadata prioritizing it over Smart Contracts when it's possible.

<u>KPIs</u>

1) Game Changer wallets created by platform users.

2) Cardano developers who have started developing meta-data functionalities and implementations.

3) Number of transactions with meta-data anchoring.

<u>Breakdown Budget</u>

GameChanger Wallet Development: $10.000

Innovatio's Architecture Development: $10.000

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