Invluencer’s i3D Protocol: using the power of blockchain and communities to redefine start-up fundraising
While a potentially exponential returns sector, early stage fundraising and investing is by nature a high risk & poor data environment, with low liquidity for founders and their investors. Early stage investors face significant challenges around access to high potential opportunities and at the same time affordable, robust, and non-biased Due Diligence. In most cases, investing in an early stage company means that founder and investor capital is tied up for many years until, and if, an exit is achieved.
Two years after starting to build we are going to Market straight to the community as we raise funds via our NFT & Token launch. Below is our Why? and How? you can get involved…
Problems
In 2019, before I started on the Invluencer journey, I found myself facing a series of challenges related to the investment ecosystem and the availability of resources I could use to make the best financial decisions. Some of the issues I’ve encountered can be summarised along the lines of:
- How to de-risk the investment decision for investors in such a poor data environment?
- How to get access to the best early-stage investments possible?
- How to invest with like-minded investors in companies with the best chances of success?
and the most daunting one,
4. Will I ever see my money again?
That led me to the understanding that I’m not the only person facing these challenges and that the investor community, in all its forms, has pretty much the same issues. So I decided to contribute to creating a more transparent process which is how Invluencer came to be. Invluencer is a network of invested ‘experts’ contributing due diligence and being rewarded for their analyses through our 3 Token Solution & Tokenomics
Now, after more than two years of detailed research followed by extensive platform development by a brilliant team, and partners, and great tokenomics, Invluencer developed its i3D Protocol & Upsilon Solutions, which through the power of Network Effects and Advanced Technology aims to redefine the early stage investment ecosystem. It does this by giving token holders consensus based signals for reduction in risk, immediate liquidity, and access to alpha investing at similar levels to venture capital.
The i3D Protocol Solution
In any protocol system, one of the most difficult things is trying to explain it in simple terms. Let’s have a shot at it as we solve problems 1 & 2 above.
Protocol Description
The i3D Protocol is a double-sided marketplace. On one side a network of experts in different fields sharing their expertise by collectively analysing alpha start-ups, and on the other side investors who want the data. Ideally, a user of the protocol sits on both sides of the marketplace.
Marketplace Components
- i3D Arena is a web-based application that allows a network of participants to conduct a deep dive into a company based on a carefully defined set of factors
- i3D Rapid mobile app allows a greater network to quickly provide feedback on core components of a start-up covering sentiment on the Idea and Team. It allows users to create & get rewarded for building Trust Networks
- i3D Angel NFT is a utility NFT that grants the holder lifetime access to the data coming from the network with reports being stored in a tamper proof environment
- Linking everything is the i3D Token. This is the way network participants are paid for their work in the protocol, with a buy back mechanism by the Treasury (funded from yields) to maintain price traction.
At all times our algorithms work towards consensus building, reputation management, and cost and time efficiency to ensure unbiased and ranked scores on the start-ups analysed
Upsilon Dry Powder Mining
While still in development, our Upsilon Solution, solving problem 3 & 4 above, will allow like-minded investors to collectively invest in the opportunities identified by the i3D Protocol. It’s a fairly simple process:
- i3D Tokens are staked by network participants in a collective fund via a Stablecoin, generating a passive yield — this is Dry Powder Mining
- Yields are used to either pay participants via the i3D Tokens (through issue & buyback mechanisms) and/or invest in identified alpha opportunities
- Any investments made by the Fund are reflected in the Upsilon Index Token with the i3D Protocol participants owning their pro-rata share of it via their personal i3D Token holdings. The final investment into these companies is via a Governance Token
- Other external parties can also invest in the fund. This creates external sources of revenue and greater value in the Fund which in turn increases the value of the i3D Token.
Smart devices (which the majority of people have), Blockchain technology, Smart Contracts, Network Effects and Cryptocurrency are all the technology enablers that allow the i3D Protocol to be a decentralised protocol. All of these components, and the immutability and integrity they offer to a tech innovation, allow us to build a distributed protocol without the need for a centralised human resources or finance departments. Essentially the Code in the smart contracts is Law.
That’s the i3D Protocol Marketplace as simple as I can make it! I would love to hear your thoughts, discuss investment ideas, introduce you to our team, etc.
You can reach out to us here in the comments or on any of our social media channels.
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Need more detail?
Main site: Invluencer
i3D Angel Minting site: i3D Angels
Data Provenance & Lineage: Nevermined.io
