TetianaRiabova
commented
11 months ago Hi, @franklywatson, I hope you are doing well. I would like to clarify the status of our application form. If you need additional details or have any questions, please let me know.
Also, I invite you to check out our Testnet here: https://testnet.daosign.org/connect
We would greatly appreciate the opportunity to schedule a brief introductory call with our Founder to showcase DAOsign's potential to enrich the Flow Ecosystem. Would you mind sharing your calendly to schedule a call?
Thanks in advance!
DAOsign
Grant category
Description
DAOsign is a smart signature and workflow automation platform, with publicly verifiable, cryptographic proofs-of-signature, designed for DAOs and WEB3 companies.
Currently, our product is on Testnet. DAOsign already allows users to store proofs of signature in the IPFS, Ethereum launch is planned in the nearest week. Also, recently, we received grants from SUI and Polkadot, so DAOsign users will be able to use SUI and Polkadot blockchains for proofs storing purposes soon as well. Also, our team is working on expanding the number of use cases.
Please, take a look at our pitch deck: https://docsend.com/view/sbexkxn5su3ahdg8
Problem statement
Our primary audience includes Web3 organizations, DAOs, startups, and individual users within the Filecoin and broader blockchain community.
Traditional methods of signing agreements, such as paper-based systems or legacy e-signatures, are prone to fraud and lack transparency, and offer no solution for verifying the signer's identity or authority to execute the agreement. Instead, these systems rely on costly legal proceedings to enforce agreements.
Proposed solution
Verifiable Signature is at the core of DAOsign and is based on 3 key proofs: proof-of-identify, proof-of-authority, and proof-of-agreement. Utilizing these proofs, DAOsign provides a platform to design and configure complex workflows that combine smart-contract-based automation with authorized approvals.
Impact
We want to integrate the DAOsign tool with the Flow platform, allowing your team to sign agreements, and contracts, and manage grants directly through the Flow interface.
We think the completion of this work will bring significant value to the Flow ecosystem in several key ways:
DAOsign will streamline the process of creating and executing legal agreements and contracts within the Flow platform, which will greatly improve the overall user experience making it more user-friendly and secure.
Also, the DAOsign tool will enhance governance processes within the Flow ecosystem. Users can use it to formalize governance proposals, voting, and decision-making, improving transparency and efficiency.
The example of the use case for foundation purposes, which describes how Flow can benefit from the DAOsign tool can be found here: https://docsend.com/view/rj2eqmiet6k9k2e6
Milestones and funding
Total funding proposed: $30,000 (the final amount is negotiable, of course)
Team