Vault Proposal: Fantom <> DeFunds Integration
Fantom Blockchain <> DeFunds Integration
Title:
Fantom Blockchain <> DeFunds Integration.
DeFunds is a social investment platform that facilitates profit sharing between professional traders and users - DeFi investors
Author:
Igor Shepelev igor[at]defunds[dot]co
Rustam Abdullin rustam[at]defunds[dot]co
Funding Request:
10,000 FTM
About us:
Igor and Rustam have been working on DeFunds part time since Oct 2021. Our developers are working on DeFunds full-time since Oct 2021. Our sister company QuantHill has ~90M AuM and 100 investors:
- 8 years trading (6 years profitable)
- AuM increased 14 times within 5 years
Development of classic trading quant strategies, developer/author of algorithmic trend strategy Q-Ant. Algorithmic trend-following trading of crypto futures with over 70% average annualized return since 2018.
Crypto asset management and venture investments with an institutional level of service quality.
Rustam was a co-founder of The Sandbox NFT project. Assembled and managed a team of 20 people (game developers, designers, web3 developer, community manager, moderators, content makers). Built strategic partnerships with Metaverse and NFT projects (The Sandbox Premium Partnership and related projects).
More than 14 years in Cyber Security and Project Management in US and international FinTech companies. Co-founder of three projects (Digital ID with zero knowledge data sharing in Starknet L2 ecosystem, successful The Sandbox NFT project).
Software Engineering team which have the technical expertise to deliver the proposal milestones.
Additional Links:
Web site and MVP
Description:
We would like to provide our Managers and Investors with Fantom DeFi market.
The goal of this engagement is establish smart contracts, integration with Fantom DeFi solutions (like 1inch, Fantom).
Impact:
DeFunds goals is to establish transparent and safe interaction between Investor and Manager, non-custodial crypto-investment platform for trading core crypto assets and DeFi tokens.
We are ready to bring new customers and professional Asset Managers to Fantom Blockchain, by integrating it into our dApp.
Milestones:
Milestone #1. Prepare use cases, statement of work and user stories for our development team on Fantom + DeFunds integration
Milestone #2. Prepare PoC and MVP smartcontracts / backend
Milestone #3. Prepare technical and marketing materials on Fantom features within DeFunds application. Documentation and code examples that help our developers and technology partners
Timeline:
- Milestone #1 - 1 week
- Milestone #2 - 2 weeks
- Milestone #3 - 1 week
All of the above milestones should be completed by the end of Feb 2023
Budget Breakdown:
- 3,000 FTM (30% of total): Milestone #1
- 5,000 FTM (50% of total): Milestone #2
- 2,000 FTM (20% of total): Milestone #3
Other Information:
We can bring a new experience of interaction between Asset Manager and Investor into the crypto, which has been tested for decades and is the standard in classic Hedge Funds, with the help of smart contracts and blockchain. We managed to take the age-old experience of the classic market and pack the structure and logic of work into DeFunds.
We plan to bring a new standard for asset management to DeFi. DeFunds goals is to establish transparent and safe interaction between Investor and Manager, non-custodial crypto-investment platform for trading core crypto assets and DeFi tokens.
Current status of the project:
- Smart contract security audit (RFP / scoping stage). QuillAudits or CertiK
- MVP deployment to mainnet
- Web-site development
- Partnership building with Managers
- Fundraising/grants/accelerator programs