27.04.2020
$200000
Fundaria
742
Assisting in the transformation of a business idea into a business using blockchain technology (STO)
Project summary
Idea
Fundaria is a project that leverages the power of blockchain to fund business ideas. Fundaria uses financial technology (Fintech) and offers a modern project management system (PMS). Fundaria unites all aspects of business development in one platform - a comprehensive set of tools: financial resource management, task management, project management, team management, asset management (STO - Security Token Offerings) - a form of investment in blockchain projects .).
Current state
A website was created - Fundaria.com, where part of the planned basic functionality of the platform is implemented. An alpha version of the "Idea Development" (IDP) part and some functionality of the "Business Development" (BDP) part have been developed. The BDP functionality at the current stage of development allows for business planning. Implemented by PMS using drag & drop style interface. A private chat has been developed and implemented into the web interface for communication between project team members and between members of the Fundaria community. A contract based on Ethereum was created, its own STO was held on the Ethereum blockchain (token "Ri"), and the first investments in cryptocurrency were received. A bounty campaign was held on the Etherium blockchain, in which 54 bounty hunters took part. Bounty campaign results - over 500 tweets and reposts. The white-paper has been translated into 6 languages (https://www.facebook.com/groups/fundaria/files/). Pages in profile social networks, as well as thematic groups on target forums - bitcointalk.org, steemit.com, slack.com, Facebook, Twitter and Telegram were created. At the moment, there are over 700 subscribers on Facebook. 4 articles were published on specialized information portals (irishtechnews.ie, cryptocoin.news, steemit.com, medium.com). There are no monetized clients yet, but there are 3 hosted projects on the Fundaria platform.
Problem or Opportunity
Fundaria clients have a business idea that they are unable to implement due to lack of resources. Many of them have no idea how to implement their business idea using blockchain technology and STO. Fundaria's blockchain technology allows a company's initial public offering in digital form on a decentralized distributed ledger system, which saves significant funds. Also, the capabilities of the blockchain allow the company / project to reduce the time for performing various tasks from several hours to several seconds, as well as to minimize paper workflow, which eliminates the risk of losing documents and reduces the cost of their transportation.
Solution (Product or Service)
Fundaria provides services to help clients develop their business idea:
- carry out a business planning project
- create a smart contract based on the Ethereum blockchain
- build a team
- communicate using an advanced communication system
- pay for tasks with project tokens
- fill the project with useful information
- develop and manage a business:
- manage finances
- manage time
- manage tasks
- manage projects
- lead a team
- manage assets
Market
Our client is a beginning project (start-up) - an entrepreneur or a group of entrepreneurs, as well as an already functioning project at the initial stage of its existence, who are interested in introducing the capabilities of blockchain technology into their business, primarily the issuance of company shares in digital form (STO), as well as further organization and conduct of an advertising campaign among potential investors.
Finance
Financial model: sale of securities tokens shares to startups received for services provided to startups and / or receiving dividends on such tokens. Fundaria is an intermediary between investors and startups and plans to receive a percentage of investments in each new project / company.
Business model
The Fundaria project is based on a brokerage business model predominantly in the B2B and B2C sectors. For example, the developer of a business idea has released a smart contract on the Ethereum blockchain to attract investments. In turn, Fundaria will receive a certain amount of Stakes (security tokens, STO) of the new business, which are provided by such a "smart contract".