not approved
Ouroboros Capital: Decentralized VC arm of Cardano that converts ADA staking rewards into Equity / SAFT in emerging startups.
Current Project Status
Unfunded
Amount
Received
Received
₳0
Amount
Requested
Requested
₳100,000
Percentage
Received
Received
0.00%
Solution
Nucast will build a democratized VC funding model by enabling ADA holders to invest in startups using an SPO model that exchanges liquid staking rewards for SAFT (Simple Agreement for Future Tokens).
Problem
There is no investment instrument on Cardano that enables ADA holders to tap into the trillion-dollar venture capital industry through a risk-free, all-inclusive funding mechanism.
Impact Alignment
Feasibility
Value for Money