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AxLabs / grantshares

GrantShares Program 🌱
https://grantshares.io
Apache License 2.0
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DAO as a Service - Escrow Platform #16

Open grantshares-dapp[bot] opened 1 year ago

grantshares-dapp[bot] commented 1 year ago

Proposal by MilestoneBased project

Name: Ian Arden Telegram: @ian_arden Twitter: @ciapotti

Team introduction:

Project name - milestoneBased Project website - https://milestonebased.com/ Project GitHub - https://github.com/Milestonebased Team composition (leaders/members) - Our team brings their diverse expertise to milestoneBased, with specialists from technical, financial, marketing and legal backgrounds with over 5+ years and more than 25 projects of cumulative experience in the sphere of Defi and blockchain spheres:

● Ian Arden - Leadership: Serial entrepreneur, CEO, Advisor, Developer. Ian has launched and built many companies including Applicature, a venture builder for EVM-based projects; Supercolony, a key venture builder for the Polkadot ecosystem; Mempool Ventures, a crypto investment advisory firm; and Vidma, a security auditing company. He is also an advisor to several blockchain companies. https://www.linkedin.com/in/ian-arden ● Mykola Kovach - Design: Lead Designer, UX/UI, Product Designer, Founder. Mykola has a background in setting the bar for great design with companies like Applicature, Zokyo, Bridge Mutual, and Letzgro. https://www.linkedin.com/in/mykola-kovach/ ● Vasyl Yuhas - Dev Lead: Senior Developer, Dev Lead. Vasyl brings a comprehensive background build tech platforms from companies such as Applicature, SoftServe, and Letzgro. https://www.linkedin.com/in/vasyl-yuhas/ ● Linda Montgomery - Communications: CMO, Investor Relations, Advisor. Linda has experience leading marketing, communications, and investor relations at many FinTech and blockchain companies, including Blockstation, Coinchange, and WealthyPlanet. https://www.linkedin.com/in/montgomerylinda ● Anna Boda - Platform & Community: Ex AIESEC Alumni Relations, Anna is a specialist in building relationships with the investor community and has done this with multiple clients at Applicature and other associations. https://www.linkedin.com/in/anna-boda-358bb0177/

We are a passionate team of professionals who have worked together over the past year to five years. Our team has deep experience in blockchain and distributed networks. It includes blockchain developers, startup industry experts, business developers, investor relations, and finance specialists that have experience starting and scaling multiple companies. Some of us successfully launched crypto projects or blockchain development agencies together working with multiple clients. This time we bring our expertise to solve an industry pain point in effective collaboration and funding between startups and investors with milestoneBased

Previous Work: ● BridgeMutual.io - repo: https://github.com/Bridge-Mutual/bridgemutual-public ● Universal Components - repo: https://github.com/Applicature-Web3-Components

Some other projects that we`ve been part of: ● https://www.gamestation.io/ ● https://forj.network/ ● http://cryptoxpress.com/ ● http://nftrade.com/ ● http://allianceblock.io/ ● https://www.triall.io/ ● https://lovelace.world/ ● https://www.lotto.finance/

Project introduction:

If you were going to build your own house, would you give all the money to subcontractors in the first week? Most likely you would pay month by month to see how it goes and decrease your risks. So why is it not the same with VC funding where a startup gets awarded large funding round with a high probability they won’t make it and the investor loses it all?

The crypto company investing model is broken- riddled with the process and capital inefficiency and risk. Investor-founder collaboration is not systematic and characterized by inefficient capital and milestone management, and inexperienced founders learning to scale. milestoneBased is the first company to leverage a blockchain DAO and escrow smart contracts in an automated governance and funding collaboration platform. Early-stage investors use our platform for capital efficiency, to eliminate risk, improve transparency, and get more data-driven insights for a faster path to monetization of deployed funds. Startup teams are motivated and synchronized with investor expectations and more focused on the right KPIs for strengthened performance. Started in 2018 by a team of blockchain and startup industry veterans, milestoneBased enables any early-stage startup to list company roadmap milestone goals, and connect and collaborate with crypto VC and Angel investors on the platform to provide funding. Funding decisions and governance are voted on as part of the DAO and funds are securely held in an escrow smart contract till milestones are verified and voted complete. The platform also offers a host of startup education tools and will introduce the tools for AI and performance analysis for investors.

We are developing a full-circle web3 platform where startups can be connected to investors and raise their funding and manage the roadmap efficiently. At the same time, investors can find their perfect portfolio fit, help the project as a value add-investor, and accelerate the path to their desired ROI.

MilestoneBased as a solution is going to impact the whole crypto ecosystem influencing mass adoption by raising a level of trust to motivate teams as well as bring more investment players to the crypto company ecosystem, leaving such concepts as scam projects and fraud in the past.

Competition - milestonebased is a brand-new project with few direct competitors. However, we do have some competitors in the categories of roadmap management and DAO as a Service & escrow smart contracts solutions:

In the Roadmap management industry: ● https://www.wrike.com/ ● https://www.aha.io/ ● https://www.productboard.com/

In a DAO as a Service/Escrow: ● https://www.escrowprotocol.app/

Our advantages - milestoneBased is a hybrid model that combines features of social networks and DAO, escrow smart contracts solution. We have a set of managing tools for investors and startups that benefit not only DAO/escrow management but the whole investment process. These functionalities are:

  1. Pipeline and portfolio management system for investors
  2. Deal flow sharing module
  3. Startup KYCs and ranking systems in future
  4. The Roadmap library and memos feature as a knowledge-sharing hub for the community.
  5. We operate on BSC which gives us higher TPS and at the same time our architecture allows us to adopt other chains in the future.
  6. We have developed a set of Token utilities that benefit the constant growth of the token.
  7. Our product is already working and having its first users on the platform
  8. Over time we became a feature-rich platform almost an operating system for crypto VC
  9. Enterprise-ready access level management 10.Viral features for self onboarding

Project Roadmap

Total Funding Requested - $50,000+ Proposed Use of Grant Funds:

Milestone 1: Notification module Funding requested: $30,000 USD ● Deliverable 1: Notification pop-up ● Deliverable 2: Notification settings ● Deliverable 3: Feed page ● Deliverable 4: Creating contracts ● Deliverable 5: Managing contracts

Milestone 2: Staking & Karma functionality Funding requested: $40,000 USD ● Deliverable 1: Karma & Tier calculation ● Deliverable 2: Ways to gain Karma ● Deliverable 3: Functionality access based on Tiers

Additional info: Website: https://milestonebased.com/ White Paper: https://milestonebased-landing-files.s3.eu-central-1.amazonaws.com/documents/milest oneBased-Whitepaper.pdf One-Pager: https://assets.website-files.com/60c7363bafd95b2b47d76282/623ab93ef1bf008cd2114b 68_milestoneBased-One-Pager.pdf Figma with deal sharing feature: https://www.figma.com/proto/TX5NSECIeePYuTkLpub4mY/MB?page-id=356%3A4&nod e-id=368%3A468&starting-point-node-id=368%3A468&hide-ui=1 Press release: Check here

P.S - our team believes in a decentralized society. As our main goal is to build a cross-chain, EVM-compatible project with the help of a solution that emphasizes scalability, fastest transaction speed, highest security & low transaction fees.

Proposal Info :clipboard:

[ {
  "target_contract" : "0x6276c1e3a68280bc6c9c00df755fb691be1162ef",
  "method" : "releaseTokens",
  "params" : [ {
    "type" : "Hash160",
    "value" : "ef4073a0f2b305a38ec4050e4d3d28bc40ea63f5"
  }, {
    "type" : "Hash160",
    "value" : "8af9d30787578eefa396ae1a83cca6837120b0d8"
  }, {
    "type" : "Integer",
    "value" : "5000"
  } ],
  "call_flags" : 15
} ]

👇 React with 👍 if you liked it, or 👎 if you think this proposal can be enhanced!

deanragnarok commented 1 year ago

Hi @milestoneBasedGrant - Thanks for the proposal.

You note:

P.S - our team believes in a decentralized society. As our main goal is to build a cross-chain, EVM-compatible project with the help of a solution that emphasizes scalability, fastest transaction speed, highest security & low transaction fees.

Neo is not EVM compatible, but instead uses NeoVM. Can you speak a little bit into how this fits in with your vision, and some advantages / disadvantages you feel this has in regards to your development of this project?

Also, you haven't really mentioned Neo or the Neo ecosystem at all in your proposal, so I'm not super clear on what is the intended deliverable here in regards to our chain. As GrantShares really exists to help grow the Neo ecosystem, can you provide more information about how Neo would be a part of your platform and how MilestoneBased will benefit and engage the community as a whole?

csmuller commented 1 year ago

Hey @milestoneBasedGrant, your project sounds promising, but I have to fall in with @deanragnarok and ask where you see the connection of your project to the Neo ecosystem?

csmuller commented 1 year ago

Hey @milestoneBasedGrant, we have not received any answers from you fro almost 20 days. Can we assume that you abandoned this proposal?