Last updated a week ago
DeFi can learn a lot from Traditional Finance - including new users. We need a way of making sure, that we can use this potential to bring the Cardano DeFi Space in the best position it can be in.
This is the total amount allocated to DeFi & TradFi - Building Bridges. 0 out of 3 milestones are completed.
1/3
Platform Research and Topics
Cost: ₳ 15,000
Delivery: Month 1 - Sep 2024
2/3
Partnerships
Cost: ₳ 15,000
Delivery: Month 3 - Nov 2024
3/3
Building Bridges
Cost: ₳ 20,000
Delivery: Month 4 - Dec 2024
NB: Monthly reporting was deprecated from January 2024 and replaced fully by the Milestones Program framework. Learn more here
DeFi and TradFi coexist but they don't reap the benefits of each other yet. We need info resources to learn from each other and for DeFi to benefit from what TradFi already accomplished - ample users.
No dependencies.
The Info Resources will be public for everybody to see, share and to add information. We can not guarantee to make every aspect of this education content/platform development available. This might have to do with third party information that we would not be allowed to share.
Our proposed solution aims to address the critical need for education and user onboarding in the intersection of decentralized finance (DeFi) and traditional finance (TradFi) within the Cardano ecosystem. Educational Resources are needed to bridge the concepts of Decentralized Finance (DeFi) and Traditional Finance (TradFi) within the Cardano Ecosystem. The initiative will focus on user onboarding and education as a crucial bridge between the DeFi and TradFi sectors. Our project will engage and prove its impact within a wide audience, including Cardano enthusiasts, investors, developers, and financial professionals interested in expanding their knowledge of decentralized technologies and their integration with traditional finance.
We see in Linkage Finance the potential to be a choice for people who have not entered the Cardano Space yet, still waiting on the sidelines in the TradFi field.
The initiative will inspire innovation by showcasing practical use cases of Linkage Finance and encouraging experimentation with DeFi concepts. By bridging DeFi and TradFi concepts, the initiative will promote the adoption of decentralized financial instruments within the broader financial landscape. Linkage Finance's role as a facilitator of cross-platform interactions will contribute to the expansion of Cardano's ecosystem, hoping to attract developers, investors, and users. Gathering feedback will provide valuable insights into the effectiveness and relevance of our educational resources.
Decentralized Index Funds are a new use case of DeFi. It combines the use cases of said Funds in Traditional Finance with the benefits decentralization can bring to the table. We therefore are watching this space closely and are always in the process of gathering new information. As this is the space we operate in, the space we do research on, an additional platform for new information and education is what we strive for. As all this information is publicly available it will be easy for users and readers to see the progress done on this proposal. Feedback will make it easy to validate if the approach is effective and if the approach needs to be adjusted.
A: Milestone Outputs
B: Acceptance Criteria
C: Evidence of Milestone Completion
A: Milestone Outputs
B: Acceptance Criteria
C: Evidence of Milestone Completion
A: Milestone Outputs
B: Acceptance Criteria
C: Evidence of Milestone Completion
Our project team consists of skilled individuals with expertise in blockchain development and project management. The team members and their respective roles in the proposal's work are as follows:
The proposed budget for this project is 50,000 ADA and will be allocated as follows:
The cost of our project signifies a strategic investment in education and empowerment within the Cardano ecosystem. By developing educational resources bridging DeFi and TradFi, we aim to lower barriers to entry, increase user adoption, and foster long-term community engagement. The measurable impact will be demonstrated through increased participation and innovation, contributing to the ecosystem's growth and sustainability. Sharing outputs openly ensures broad community benefit and value for money.