not approved
Sustainable Business Standards
Current Project Status
Unfunded
Amount
Received
$0
Amount
Requested
$15,000
Percentage
Received
0.00%
Solution

Build a decentralised sustainable business model to provide real world solutions to climate issues/food shortage connecting Cardano projects

Problem

There is insufficient decentralised, globally distributed and sustainable business’ on the Cardano ecosystem.

Addresses Challenge
Feasibility
Auditability

Team

1 member

Sustainable Business Standards

Develop a roadmap for establishing token based businesses on the Cardano network.

Allow the Cardano community to engage and direct a decentralised open ecosystem business, with the goal of providing solutions to global warming, ensure food securities, end malnutrition, while increasing collaborations across Cardano projects.

The aim is to build a social enterprise on the Cardano network

Creating a new Cardano based blockchain business model for others to follow the framework.

This will include analysis of international regulations for establishing token based projects on the Cardano network, with business structures, financial modelling and legal requirements.

This will help to introduce common standards and processes across the Cardano ecosystem.

A new Enterprise for positive social impacts, turning commercial experience and knowhow into a financially viable operation with positive environmental and social outcomes.

Conception of DAO for governance, operations and enhanced project selections.

Being able to develop a robust business architecture that complies with international and local rules and regulations.

Their are currently numerous challenges in international laws and regulations which change from region to region. This effects the architecture of social business models based on the Cardano blockchain.

We have allocated three months for the Team to establish a business model / social enterprise that allows the flow of finance and information between on-chain cryptocurrencies and off-chain business architectures.

This involves deliberations with lawyers and accountants to allow for an efficient business model that abides by local and international laws and regulations.

Month 1

  • Legal research
  • Acquire legal and accounting consultants
  • Engage in business model development

Month 2

  • Identify social impact business models that suit the Cardano ecosystem
  • Engage with the broader community to build awareness of our project and the Cardano ecosystem
  • Encourage open source contributions from the Cardano network
  • Define international cryptocurrency regulatory requirements

Month 3

  • Finalise social business models
  • Characterise token business models
  • Analyse social enterprise options for the Cardano ecosystem
  • Describe and publish findings
  • Compile impact reports

· Project development: 20 hours per week for 3 months = 260 hours at $30/h = $7,800

· Business structure development

· Financial modelling

· Legal research

· Project management and reporting

· International Legal advice & consultancy (40 hours at $75 = $3,000)

· Tax and accounting advice & consultancy (32 hours at $75 = $2,400)

· Other expenditures (approx. $1,800)

· Registration fees

· Trading License

Total $15,000

Dylan Kreis <https://www.linkedin.com/in/dylankreis/>

Chemical Engineer

Bachelor of Information Systems

He has significant experience as a Chemical Engineer and Farm manager for a micro algae-based companies in Australia and as the Algae Energy Farm Manager for the University of Queensland. Consulting for microalgae companies in Australia and the middle east.

Dr. Skye Thomas Hall <https://www.linkedin.com/in/skye-thomas-hall-858a6639/>

PHD. Microbiologist

Dr Thomas-Hall has worked at the University of Queensland as Team leader of the Algae Biotechnology supervising a number of PhD, Masters, Honours and undergraduate students, all working on algae production/processing.

Skye has helped set up over 30 small scale projects in hatcheries, university operations and several larger companies, primarily based in northern America and Australia.

Dr. Swaminathan Detchanamurthy <https://www.linkedin.com/in/dr-d-swaminathan-5982b115/>

PHD. Microbiologist

Chemical Engineer

Dr D. Swaminathan serves in the Board of different microalgae cultivating companies which includes Seagrass Tech Pvt Ltd India. Qponics Ltd., Australia, Glaukos Algae Technologies, India and Algae Australia

The creation of a business model that adheres to broad international cryptocurrency regulatory requirements

Impact reports

· Reports and analysis from social enterprise experts

· Identify regulatory needs and requirements

· Create time based outlines to legal structures and business models

· A scientific approach to all business orientated operations

Success

The development of a sustainable, scalable social impact business model, which is robust enough to handle adversity and fits the legal rules and regulations of local and international governments.

Strong legal structures, both on and off chain.

Acquisition of business and trading licenses

Building sustainable businesses around circular economies (climate positive)

Showcasing a business model that provides the Cardano community an alternative opportunity to reduce global warming and become a net zero blockchain. While increasing food securities and promoting sustainable economic growth. Algae produces more than half the world’s oxygen and consumes 2kg of CO2 for every kg of algae produced, making it the fastest solution for resolving climate change.

Entirely new project, this is the first proposal

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