Atom Accelerator DAO (AADAO) Grant Announcement Card - in Blank
Team: Samantha Ricotta
Amount Asked: $165,000
Status: Rejected

Atom Zone Commerce Platform

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The project is a two phase effort to create a commercial platform for the atom economic zone. The primary scope of phase 1 is the design and delivery of three core modules that serve as the platform’s commercial primitives.

The secondary objective would be focused on an R&D effort to establish a long term funding mechanism for core technology maintenance and value capture for the atom economic zone if these primitives are deployed outside of it.

Our vision for the modules and the relationships they facilitate are as follows:Auction – Market makingEscrow – Trustless multiparty transactionsNft (extension) – Ownership and title abstraction

The second phase covers the ideation process for a v1 commercial platform by bootstrapping a consumer chain. As interchain security grows in complexity as a protocol, the cost to upgrade the Hub will also increase; therefore making it complicated to launch new products and services on the Hub directly. This is why we envision the consumer chain implementation for these primitives.

Team: Samantha Ricotta
Current Status: Rejected
Funding Program: Regular Grants
Funding Category: Interchain Public Goods

Amount Requested: Amount in their initial application, or for RFPs, their first quote or that of the nearest competitor $165,000

Date Applied: Apr 21, 2023
Date Rejected: Generally includes time spent doing interviews, rescoping or amending the application, and due diligence May 24, 2023 (4 weeks)

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