Mass adoption for startup investing is an illiquid, high risk, & poor data environment with low liquidity for founders & investors.
3 Token Double Sided Marketplace offering a combination of due diligence, network validation, investor capital preservation and liquidity
This is the total amount allocated to i3D Mass Adoption Protocol.
Building a double sided investment marketplace to solve the risk versus reward factor is complex and requires expertise quantitatively and heuristically. We are building a double sided marketplace for experts and investors with Governance and fail safe's built into the protocol.
We are only raising funding for the next phase of our project which is the i3D Rapid App that will allow us to begin to develop the network we envisage.
User Journey
A quick user journey:
A user can participate in three ways:
The ongoing minting of nfts and i3D Token launch seeds the DPM fund with the APY being used to 'pay' the i3D network to analyse projects via a issuance and buyback of i3D Tokens.
Two Sided Marketplace Timelines
Side 1: DAO Based Due Diligence of ideas/projects requiring funding by experts
The final deliverable for the grant funding is the completion of the i3D Rapid App which allows us to go to market to start building a large, decentralised network. This is important for the sentiment analysis required for triangulation of data.
Replacing the traditional subscription model:
Using a utility based NFT methodology we are initially targeting 2500 users to form the first part of the inner swarm of analysts followed by growth from the i3D Rapid App itself and the further issuance of NFT's. The NFT method is used to fund the project and simultaneously lock value into the system. In order to access the information (side 2 of the Marketplace) users will be required to purchase and hold an NFT. The funds generated from the NFT issuances are invested into the Dry Powder Protocol to generate yield to buy and return to treasury i3D Tokens. The i3D Protocol users are paid in i3D native token.
User adoption
The i3D Rapid App will have the following functionality:
a) Gamification of Analysis
b) Mobile application used to grow the network
Completion date: 3 months after funding - approx March 2022
Total FT Equivalent Staff X5
2.1 Scope & Goal Setting >Product Owner >1-Dec-20 >100%
2.2 Design Phase >Product Owner >1-Dec-20 >100%
2.3 Skill Set Identification >CEO >1-Jan-22 >100%
2.5 Complete Grant >CEO >Jan-22 >0%
2.6 Project Start >Jan21 >0%
2.7 Employ staff & appoint subcontractors >CEO >Jan-22 >0%
2.8 i3D Factor Research & Algorithm design >Data Scientist >1-Jul-21 - 31 Mar-22 >25%
2.9 i3D Algorithm and App Coding >Subcontractors >1-Jan-22 - 31-Mar-22 >0%
Budget: $42,700
Allocated for Web API's, Ledger Accounting & Storage
- Web API Development
- Identity Management for authorised users via Nevermined.io solution
- Mobile Wallet for tokens delivered by Apstory Ledger Service
- Ledger for token accounting via Apstory Ledger
- i3D Project creation API to existing backend
- i3D Question API Integration between web & mobile app
- i3D Completed Report API via Nevermined to Filecoin Storage solution
- i3D Report retrieval from Filecoin via authorised user
- Invluencer CEO and CTO are also full time on the development, however their costs are primarily covered by other funding
We have already built an MVP which allows detailed & anonymous analysis of any project on a consensus based model by any number of experts - see Youtube link. We are now raising to build the second part of this which is the i3D Rapid App which allows rapid mass consensus by a much larger network to assess the idea and product market fit for the project.
Reputation and reward of experts will be governed by the Nevermined.io Protocol
Side 2 of Marketplace: Dry Powder Mining by Investors - Access to Data from i3D Protocol
This component of the project takes place after completion of the i3D Rapid App and network growth starts.
Completion date: approx September 2022
Budget: $870,000 to be funded from NFT Launch - ongoing. This is a NFT that acts as a key to determine entry and reward levels within the protocol
Our proposal is that to achieve mass adoption of defi, investors need a risk free way as an introduction into crypto investing. Using Stablecoin APY as that entry point creates capital preservation and investment into the projects most likely to succeed as identified by side 1 of the marketplace
Governance: Allocation of funding takes place after final voting by Governance Token holders
Team Experience
The project is acollaboration between Invluencer Ltd, Keyko.io (Reputation & Data Developers), ApStory (App Developers) and ZFort Group (NFT Developers)
Linkedin Profiles
https://www.linkedin.com/in/michael-doyle-26882bb6/
https://www.linkedin.com/in/donald-gossen-40ab96/
https://www.linkedin.com/in/oswaldgarlick/
https://www.linkedin.com/in/aitorargomaniz/
https://www.linkedin.com/in/elsjonathan/
https://www.linkedin.com/in/matthew-hacking-87651164/
https://www.linkedin.com/in/dr-patrick-doyle-88436110/
https://www.linkedin.com/in/trevor-harraway-81449a7/
https://www.linkedin.com/in/schreuderpaul/
https://www.linkedin.com/in/anthonyplews/
Team Github Repositories
• https://github.com/nevermined-io
• https://github.com/bigchaindb
• https://github.com/oceanprotocol
• https://github.com/xaynetwork
• https://github.com/filecoin-project
• https://github.com/bancorprotocol
Team Experience
The i3D Protocol is a collaboration between Invluencer Ltd and Keyko.io blending Tradfi and Defi
Invluencer Ltd Team
Mike Doyle: Co Founder & CEO Invluencer
- Bachelor of Commerce, Post Graduate Futures Studies
- 2X founder:
Rule 17 Ltd in the UK which grew to owning 4 X Pubs, 2 X Nightclubs and 4X youth hostels
Mickey Doyles Construction in South Africa which grew to a team of 58 employees involved in high end construction projects
Has also successfully built a large team of 78 managing the roll out of a full sustainability and facilities program for an international school in the Kingdom of Eswatini.
Oswald Garlick: CTO Invluencer
- Network Engineering & Software Development
- 2X Co Founder of krpt.io and Vanirtech - servicing the financial services crypto arbitrage industry
Patrick Doyle: Co Founder & Development Advisor
- Consultant Anaesthetist and Stanford Graduate School of Business Certificate of Innovation and Entrepreneurship
- Founder of L2p.co.uk, a regulatory software company with +20K active users
Jonathan Els: Technical Consultant
- Master of Science in Software Engineering
- 2X Co Founder of krpt.io and Vanirtech - servicing the financial services crypto arbitrage industry
Matt Hacking: Director Invluencer, Crypto Advisor
- Director Pharmafinium: Digital Healthcare Accelerator
- Co Founder Oxford Hormone Clinic
Trevor Harraway: Due Diligence
- MSc Environmental Geochemistry
- Invluencer Due Diligence Framework Developer and Founder of Endiligence - Transaction Due Diligence (non-financial)
Keyko.io Team led by:
Don Gossen: CEO Keyko
- BSc Engineering, Computer Engineering
- Serial Entrepreneur with extensive experience incubating and scaling ventures.
- 3x Founder & CEO
Nevermined - The world's first decentralized collaborative computing platform
Keyko - Web3 Innovation Hub
Ocean Protocol - The world's first decentralized data marketplace; $350M+ Market Capitalization
Nevermined - The world's first decentralized collaborative computing platform
Aitor Argomaniz: CTO Keyko
- Deep Tech and Big Data expert with keen eye for talent and extensive track record of delivery
- 2x Founder & CTO
Nevermined - The world's first decentralized collaborative computing platform
Keyko - Web3 Innovation Hub
Paul Schreuder: CEO APSTORY (Pty) Ltd
- 2X Founder APPSTORY & Phlo
- Masters Degree Computer Science
Anthony Plews: CTO APSTORY (Pty) Ltd
Experienced Solutions Architect with a demonstrated history of working in the information technology and services industry.
Token Structure
Each section of the protocol is represented by a separate token which the combination of all three provides funding and reward for participants
1. i3D Token for due diligence.
2. **Dry Powder Token:**Principal sum is loaned from i3D DAO, VCs, PEs, Retail Investors and held in a Stablecoin for a guaranteed APY & Capital Preservation
Sales of the i3D NFT to access the information creates a fund to be invested in the the Dry Powder Token - APY is used to buy back i3D Tokens from the network in 1 above.
3. Governance Token
SWOT Analysis: i3D
Context: The following SWOT Analysis deals with the potential risks of investing in the project. In particular, it focuses on the potential losses that investors may incur.
Internal factors
Strengths
• Concept ideation, research, and validation
• Strong Leadership capabilities across the team as well as a robust network of legacy investors
• The team is capable of building in an agile manner and are ahead of timelines on all deliverables
• Extensive connections with both legacy and Web 3.0 industry leaders
Weaknesses
• A small team on a shoestring budget - succesful fundraise mitigates this
• Lack in the industry for smart-contract developers/Web 3.0 specialists, closing us out from this market - structure of blockchain industry allows collaborations between different teams on a shared revenue basis mitigating the need to formally employ staff
• The team may burn out due to it's size and workload requirements - successful fund raise allows a strong team to develop
• Project could run out of runway before beginning to make revenue – resulting in a further funding rounding being necessary - Proposed Funding in innovative ways: traditional equity, grant applications, utility based NFT Collection and eventual ICO allows us to complete the project successfully
• Lack of resources may result in inability to fully develop opportunities presented - successful fund raise is key
Opportunities
• Partnering with Web 3.0 experts can greatly accelerate our TTM
• Partnering with the correct legal/regulatory partners can also greatly accelerate our TTM
• Partnering with the correct team introduces Invluencer to others within the ecosystem including users, investors, other partners, etc.
• Partnering with the right Web 3.0 experts/developers or businesses will allow us to start introducing due diligence services in an emerging and fast-growing space
• Rapid development of linked Due diligence and Dry Powder Fund also offers opportunities to scale up i3D Due Diligence services in legacy crowdfunding space as well as the digital asset space
• Finding the right customers for our core product will accelerate our TTM
Threats
• If we partner with the wrong institutions we risk losing our IP - conduct proper due diligence on partners
• If we don't act faster we risk losing the opportunities to other players
• There are competitors that are also interested in predicting how early-stage companies will perform.
• The blockchain/digital asset industry is naturally risky and prone to changing regulations - build products with real use cases
• The team could not deliver as promised or may not work as needed in order to deliver the product to the market - strong team is developing to mitigate non performance
• There is a risk that the market is not ready for our solutions or lack of uptake by target users - conduct continual market research within relevant communities
• Industry regulation is still being developed leading to potential bad actors tainting the potential of the industry - build strong use cases
Educated & Experienced team with multiple startup experience collectively. We are strong & balanced with experience in tradfi & defi sectors