Funding Service Industry in DeFi
People
Description / What is your motivation?
Determine the best method DeFiSafety can, as a service company, make the jump to financial stability and funding to grow
Team Story
Subtheme
Manager
Track
PoC (Website / Inpso / Deck)
📣 How can KB2 help? Anything goes.
Determine the best method DeFiSafety can, as a service company, make the jump to financial stability and funding to grow
Last updated on
Feb 8, 2021
Primary Track
Project (Yes)
Investable?
Mentor Connection?
My Tag
Stage | Important facts
Live
Stewards Actions?
- Introduce them to VCs
- Aim 100 pitches
- Group of security researchers coming together to validate the idea of DeFiSafety.
Related to KB2 Fellows (Related to Copy of KERNEL Adventures (People) 1)
Stewards Thoughts!
Standardise the ratings. Form a security alliance.
Status
Funding Options DefiSafety.com
What do we, as a business want?
Access to experts and advice
Grow – do more, expand our footprint. [staff of 6, presently 2]
New products: Oracle score, rate the auditors, contract by contract security with hack hotline.
New Product: Consulting – help protocols, security info on protocols, classes, financial consulting
New markets: DApp Safety, Other Blockchains, other DeFi products
Website improvement distributed and ready for growth. Phish proof
API: fast, secure with blockchain security
How big should we grow?
At this point we want to be a boutique (as in less than 30ppl) but we may change our mind.
How Centralized should we be?
At this point a business org seems right. We are a steward on Prime Rating part of Prime DAO. This allows us to test both routes.
Traditional Growth Options
VC Funding
Requirements – pitch deck, revenue positive
Price – Sell a share, at some point ROI
Self Funded
Build Phase 2 without investment and just get revenue
Buy Out
A third party buy out is a possibility in the
Crypto
DAICO
Deposits are for services. Minimum 2year funding. Annual request for additional
No governance for token
Depositors can withdraw proportional if they lose faith
DAO
Prime Rating is a DAO format that DeFiSafety is participating in
Issue Token
Token can be staked for services.
We retain a pile that we sell/loan for running capitol
Tokens can be airdropped to active DeFi addresses to kick start