Atom Accelerator DAO (AADAO) Grant Announcement Card - in Blank
Team: Lorenzo Campanari
Amount Asked: $520,000
Status: Rejected

Patentigo

This page's content is auto-generated from the grant application based on the content the applicant gave consent to share. Since this application is still pending review or was rejected, the Atom Accelerator DAO is not endorsing or otherwise indicating support for this project. This page has been made public as part of our commitment to transparency. 

Patentigo is the very first CEX for fractionalized IPs and Patents. First-Mover in the space, creating an entirely new asset class.

Our approach to the problem of liquidity related to Patents and IPs is innovative, and currently we have no competitors. We have interviewed hundreds of Patent holders and they all agree that lack of liquidity is a core issue when trying to monetize on their patents, and the majority are looking forward to utilize our services once ready.By acquiring an IP and fractionalizing it on the Blockchain, we allow multiple investors to buy and sell a smaller and cheaper part of a larger IP. This not only brings more retail capital in the Patent Market, but also efficiency and innovation in a growing market.

Team: Lorenzo Campanari
Current Status: Rejected
Funding Program: Regular Grants
Funding Category: ATOM as Interchain Money

Amount Requested: Amount in their initial application, or for RFPs, their first quote or that of the nearest competitor $520,000

Date Applied: Apr 26, 2024
Date Rejected: Generally includes time spent doing interviews, rescoping or amending the application, and due diligence May 15, 2024 (2 weeks)

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