Decentralized Crowdfunding Platform for Startups

[GENERAL] Name and surname of main applicant

Marius Candrea

[GENERAL] Are you delivering this project as an individual or as an entity (whether formally incorporated or not)

Individual

[GENERAL] Requested funds in ada

70000

[GENERAL] Please specify how many months you expect your project to last (from 2-12 months)

6

[GENERAL] Please indicate if your proposal has been auto-translated into English from another language

No

[GENERAL] Summarize your solution to the problem (200-character limit including spaces)

 Develop a decentralized crowdfunding platform that connects startups with a broader audience of investors, enabling token-based funding and reducing barriers to entry.

[GENERAL] Does your project have any dependencies on other organizations, technical or otherwise?

No

[GENERAL] If YES, please describe what the dependency is and why you believe it is essential for your project’s delivery. If NO, please write “No dependencies.”

NO

[GENERAL] Will your project’s output/s be fully open source?

Yes

[GENERAL] Please provide here more information on the open source status of your project outputs

The platform will be developed as open source, allowing other developers to contribute and enhance its functionality while ensuring transparency.

[METADATA] Horizons

Environment

[SOLUTION] Please describe your proposed solution

 The platform will allow startups to create funding campaigns where they can offer tokens representing equity or rewards. Investors can browse campaigns, make contributions, and receive tokens in return, which can be traded or redeemed based on the startup's success. Smart contracts will automate the fundraising process, ensuring security and transparency.

[IMPACT] Please define the positive impact your project will have on the wider Cardano community

This platform will empower startups to access funding while offering investors new opportunities to support innovative projects. It will enhance the Cardano ecosystem by promoting entrepreneurial growth and driving adoption of blockchain technology.

[CAPABILITY & FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

 I have experience in software development and blockchain technology. The team includes members with expertise in financial regulations and marketing. Feasibility will be validated through a pilot program with selected startups.

[PROJECT MILESTONES] What are the key milestones you need to achieve in order to complete your project successfully?

Research and finalize platform requirements (Month 1)

Develop the platform’s core functionality (Month 3)

Conduct security audits and user testing (Month 4)

Launch a pilot with selected startups (Month 5)

Full platform launch and marketing campaign (Month 6)

[RESOURCES] Who is in the project team and what are their roles?

Marius Candrea: Project Lead and Developer

Blockchain Developer

Financial Advisor

Marketing Specialist

Community Manager

[BUDGET & COSTS] Please provide a cost breakdown of the proposed work and resources

Development Costs: ₳30,000

Marketing: ₳20,000

Legal and Compliance: ₳10,000

Miscellaneous Expenses: ₳10,000

[VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?

 This platform provides a low-cost solution for startups to access funding and fosters a supportive community of investors. By promoting innovative projects, it drives growth and adoption of the Cardano blockchain.