<u>Solution.</u>

Build a dao of small farmers that allows them to organize and collaborate with each other and implement inclusive business models betweem farmers and buyers, making transfers of value throuhg minted NFTs that proof the owneship of an agricultural asset.

Main features:

• Completely visible framework
• No single person is in charge, and it can be verified at multiple points.
• Any DAO member can view any financial aspect of the firm without difficulty, making it publicly auditable.
• Changes to the code or protocol must be voted on in a transparent manner.
• DeFi, NFT, and utilitarian use cases can all be built into the system.

User profile.

the Dao will be founded by Small farmers in Latam who face challenges such a low productivity, financial exclusion and poor access to markets.

Impact of the user group.

The DAO will be useful for this community because each member could connect and grow with each other ,enabling bargaining power and access to fairer markets, design and implement inclusive business model between this farmers and buyers.

The transactions between farmers and buyer will be through the exchange of NFTs that represents the owneship of an aggricultural asset.

Addressing the challenge.

The proposal address the challenge because we´re trying to solve a problem "Small farmers lack in self-organizing and self-governing production", we propose a self-governace for this farmers.

We want to add value to the Cardano´s ecosystem by creating the DAO, creating native tokens and NFTs, and make trnasactions with ADA between farmers ans buyers.

We will align with challenge KPIs in this way:

• Build a production pilot
• A great number of holders of this descentralized identity.

We will communicate the outcomes and status of the project in our social networks when they are ready(Discord,Telegram,Twitter) and in our Gitbook.

This social media will be communicate through my personal social media.

Twitter: @CrisRo0787

Discord: crisro0787#3293

Linkedin: Cristian Jair Rojas Vele

<u>Main challenges or risks:</u>

lack of confidence in new technologies

Lack of digital literacy among rural business.

Limited connectivity in some rural areas.

<u>Strategies to mitigate them:</u>

It is important to carry out an adequate onboarding process that allows establishing a relationship of trust with the farmers.

carry out educational workshops to promote the organization and the benefits of being part of it.

<u>Detailed Plan and Timeline.</u>

I have to be honest, I know that the goal is to build the DAO and create decentralized identities for farmers.

The proposal that I made in fund7 is the base to be able to implement the current proposal. A couple of weeks ago we received the funds to start working, so we are really starting, 3 months from now, which is when the funds from the fund8 are received, I am sure that we will have made several advances for the implementation of this proposal.

I will present the road map from today to 3 months

ROAD MAP

Tasks:

Establish relationships with small farmers.

Taking the Atala Prism Pioneer Program.

Learning about build a DAO , supporting by ADAO.

Establish relationships with buyers of agricultural assets.

Milestones:

Create crypto wallets for each farmer that would join in the DAO

Understand correctly the Atala Prism Pioneer to design and implement digital descentralized identity for farmers

Understand correctly how to build a DAO for build the DAO of small farmers.

ROADMAP 0 to 6 month after funding.

Milestones and deliverables.

• Build the DAO of small farmers.
• Create a Digital descentralized identity for each farmer.
• Implement inclusive business models for the trade between farmers and buyers.

Budget breakdown. 6 months

Items:

Legal expenses to establish the DAO and legal documentation. $10000

Onboarding process to small farmers. $6000

Team members salary. $4500

Design and implement inclusive business models $2000

Operational cost. $5500

sending of ada for each new wallet of a farmer who wants to be in the DAO (50 ada for each one for first 100 wallets). $5000

<u>LIVING ROOTS.</u>

We´re Living Roots an Agritech and Agri Fintech Startup with the purpose of support small farmers and agribusiness.

We complete the pre-incubation process in Startup Mexico, Startup Mexico isthe leading organization in Mexico in promoting innovation, entrepreneurial culture and economic development both locally and internationally.

Our proposal "Support Small Farmers in Latam" for the "Grow Cardano, Grow Latin America" challenge was voted and funded for fund7.

<u>Team Members.</u>

Cristian Jair Rojas Velez (Founder and CEO).

Relevant Experience:

• Industrial Engineer with orientation in logistics processes.
• Working as farmer growing food in my local community.
• Blockchain enthusiast, currently learning about blockchain development and smart contract development.
• Taking the pioneer program from Atala Prism about decentralized identity.

Email: [email protected]

Twitter: @CrisRo0787

Discord: crisro0787#3293

Linkedin: Cristian Jair Rojas Velez

<u>Parnertships:</u>

STARTUP MEXICO.

LIIVING ROOTS is part of the Mexican startup community, which allows us to have support in entrepreneurship issues, legal issues, future financing and most importantly networking with other entrepreneurs in Latin America.

We will measure the progress of the project by using KPIs and the Milestones in the detail plan.

The main KPIs will be:

Number of small farmers in the DAO.

Number of buyers allowing inclusive business models with farmers.

Crypto wallets registered.

Nfts minted by purchases between farmers and buyers.

For the definition of done and project success, we think the KPIs must have certain numbers:

Number of small farmers in the DAO >200.

Number of buyers allowing inclusive business models with farmers. >15

Crypto wallets registered. >200

Nfts minted by purchases between farmers and buyers. >400

This proposal is a continuation of the proposal "Support Small Farmers in Latam" from de "Grow Cardano, Grow Latin America" challenge for fund 7.

https://cardano.ideascale.com/c/idea/384340

The proposal is related with the current one , since the solution of the proposal was build a network of small farmers, now I see the solution is Buil a Dao of small farmers, the proposal for fund 7 makes a pilot test with a small farmer to provide them technical assistance, financing inputs and connect with a buyer through a digital platform to register digital agri-assets and trade them.

This record wil be useful to proof of ownership de asset, now in this proposal we´re buildind a general purpose tool to expand the benefits to more small farmers.