Fundonomy Overview and Roadmap
-
Upload
dr-avtar-sehra -
Category
Internet
-
view
2.441 -
download
3
Transcript of Fundonomy Overview and Roadmap
Funding and Reputation for a Decentralised Economy
Fundonomy Overview
Social Platform Layer provides an easy to use marketing and communication interface to attract and engage a wider non-technical audience
Funding Smart Contracts for Project Bounties, Deployed per
ProjectFunding Smart Contracts for
Project Bounties, Deployed per Project
Funding Smart Contracts for Project Bounties, Deployed per
ProjectFunding Smart Contracts for
Project Bounty Escrows - Deployed per Project
Reputation Smart Contract Collates Project and Team Scores and is used as public Reputation
Utility for use off Platform
Web
Lay
erB
lock
chai
n La
yer
(Ope
n So
urce
)
Fundonomy is a platform for launching a project funding contract on the Ethereum Classic Blockchain, with no technical experience required. Project contributors can also judge performance and use the platform to record scores in an open reputation utility contract
ETC is Key Component in the StackWeb Application Layer – Is about information sharing• Powerful project marketing tools to spread messages
across all social networks with a single user friendly interface
• Communications and group management tools to enables users to manage campaigns before, during and after they launch
• Allows users to build communities and relationships
Blockchain Layer – Is about storing and managing value • Collection of funds at little or no cost• Holding of funds securely that release on key triggers e.g.
dates, completion of milestones etc• Reputation score becomes a source of value that should
be independent of anyone party and can become a utility that can be tapped into for any funding contract on or off Fundonomy
Deploy and Market Funding ContractsConstruct and Deploy
Project Bounty ContractsMarket and Enable Users to
Discuss and ContributeCreate a Social Marketplace of
Project Bounties and Ideas
Project Success Drives ReputationExplore Project Bounties for
Contribution Based on Team ReputationTeam Members Build Reputation
Score Based on Contributor Feedback
RoadmapPhase 1: Wolverine• Funding projects using Pre-funding model through donation and reward based contributions• Smart contract escrows with funds released on meeting funding target• Centralized reputation system to test and refine optimal model• Platform will not manage user keys or enable online funding for security.• Limits on funding amounts to minimize risk of loss in case of smart contract failure• Focus is on balancing user experience, stability and security
Phase 2: Cyclops• Funding projects using Bounty model through reward contributions• Smart contract escrows with funds released in tranches based on completion of key deliverables voted by funders • Deployment of appropriate local node access or browser wallet based payments and contract interaction• Deployment of a decentralized reputation utility• Focus on providing increased flexibility on funding models and improving risk management Phase 3: Xavier • Funding projects using ICO models translatable to Equity investments aligned with UK financial markets regulation • Smart contract escrows for ICOs and equity allocation register managed through contract• Legal documentation based on UK legal entities, with beneficiaries highlighted on smart contract register• Decentralization of social network connectivity to smart contract based public key social graph map• Focus on extending funding infrastructure for commercial use
Phase 4: Phoenix • Complete decentralization of the full stack using P2P client – think Open Bazaar for funding• Focus on providing next generation of funding models that are not reliant on central intermediaries• More information to be released in upcoming whitepaper
WolverinePrefunding
Through Donation and Rewards
CyclopsProject Bounties
and Decentralised Reputation
XavierRegulated
Investment Equity and ICO
PhoenixFull Stack
Decentralization
Founding Team
Co-FounderMarcello Fiori
Co-FounderAlessio Menini
Co-FounderRoy Zou
Co-FounderDr. Avtar Sehra
Avtar is a theoretical physicist turned financial risk manager and technical product architect. He has experience in quantitative market and credit risk models, regulation and technology strategy. He is also CEO of a financial services technology company and advices companies and startups on big data, machine learning and Blockchain
Marcello has over 18 years experience in design and development of financial technology solutions, with a focus on trading technology and cryptographic security methods. He is also CTO of a financial services technology company where he leads development of the front to back Blockchain solutions for potential production deployment
Alessio has over 16 years experience in development of trading, settlement and payment technology solutions. He is also CIO for a financial services technology company where her leads the development of the settlement operations and legacy system integration layer, and directs the overall client deployment activities.
Roy is a former senior engineer and entrepreneur based in China. He is the founder of Bitkio, a company based in Guangzhou, China which develops hardware products. He is also the principal editor of the Chinese encyclopedia concerning Ethereum. He is also one of the founding member of the BTC and ETC associations in China.