{"schema":"BUIDL","d":{"id":4024,"members":[{"hackerId":0,"projectMemberId":2962,"avatar":"","name":"","handle":"","email":"***@***","status":"pending","role":2,"title":null,"introduction":null},{"hackerId":0,"projectMemberId":2961,"avatar":"","name":"","handle":"","email":"***@***","status":"pending","role":2,"title":null,"introduction":null}],"pictures":["https://cdn.dorahacks.io/static/files/Nurvialogo.jpg"],"roundProjects":[{"id":3494,"active":false,"createdAt":"2023-02-04T17:07:00+08:00","name":"NURVIA","hash":"479f3cfa68e2b9b7e859","projectId":4024,"ownerAddr":"0x9757e05dd084646f61de2014c2f01f172b2c0868","matchingPool":0,"contributions":0,"votes":0,"voters":0,"track":"Defi","bounties":[],"roundInfo":{"path":"/bnb/3","id":68,"name":"BNB Grant Round-3","uname":"bsc-long-term","grantType":"bnb","isBscGrant":true,"grantTitle":"BNB Grant","grantName":"bsc-long-term","sponsors":27.52,"contributions":18.25,"buidls":495,"votes":837,"unit":"BNB","status":2,"roundSeq":"3","chainId":56,"contractAddr":"0x6D6fF814caDa3F56B63D4Fef8a92BEd5cca19F7d","startFrom":1643083200000,"endTo":1681401540000,"voteTime":1680408000000,"registerDueTime":0,"projects":[],"grant":{"path":"/grant/bsc-long-term","id":43,"name":"BNB Grant","owner":null,"extraInfo":{"guide_zh":"","guide_en":"","sorting_zh":"","sorting_en":"","qv_zh":"","qv_en":""},"symbol":"bsc-long-term","uname":"bsc-long-term","tags":[],"banner":"https://cdn.dorahacks.io/static/files/new_asCCvij.jpg","bannerEn":"https://cdn.dorahacks.io/static/files/new_asCCvij.jpg","detail":"[empty]","detailEn":"[empty]","startFrom":1647748800000,"endTo":1773979200000,"matchingPool":744.45,"sponsors":744.45,"contributions":435.04,"votes":33372,"voters":28391,"rounds":[],"currentRound":null,"doraGrantDaoTags":[]},"extraInfo":{"guide_zh":"","guide_en":"","sorting_zh":"","sorting_en":"","qv_zh":"","qv_en":""}}},{"id":2823,"active":true,"createdAt":"2023-01-02T23:41:02.576112+08:00","name":"NURVIA","hash":"479f3cfa68e2b9b7e859","projectId":4024,"ownerAddr":"0x9757e05dd084646f61de2014c2f01f172b2c0868","matchingPool":1.5,"contributions":0.49,"votes":61,"voters":11,"track":"Defi","bounties":[],"roundInfo":{"path":"/bnb/2","id":62,"name":"BNB Grant DAO Round 2 Voting time!","uname":"bsc-long-term","grantType":"bnb","isBscGrant":true,"grantTitle":"BNB Grant","grantName":"bsc-long-term","sponsors":34.3,"contributions":34.38,"buidls":350,"votes":2667,"unit":"BNB","status":2,"roundSeq":"2","chainId":56,"contractAddr":"0x6D6fF814caDa3F56B63D4Fef8a92BEd5cca19F7d","startFrom":1669608000000,"endTo":1674306000000,"voteTime":1673496000000,"registerDueTime":0,"projects":[],"grant":{"path":"/grant/bsc-long-term","id":43,"name":"BNB Grant","owner":null,"extraInfo":{"guide_zh":"","guide_en":"","sorting_zh":"","sorting_en":"","qv_zh":"","qv_en":""},"symbol":"bsc-long-term","uname":"bsc-long-term","tags":[],"banner":"https://cdn.dorahacks.io/static/files/new_asCCvij.jpg","bannerEn":"https://cdn.dorahacks.io/static/files/new_asCCvij.jpg","detail":"[empty]","detailEn":"[empty]","startFrom":1647748800000,"endTo":1773979200000,"matchingPool":744.45,"sponsors":744.45,"contributions":435.04,"votes":33372,"voters":28391,"rounds":[],"currentRound":null,"doraGrantDaoTags":[]},"extraInfo":{"guide_zh":"","guide_en":"","sorting_zh":"","sorting_en":"","qv_zh":"","qv_en":""}}}],"hackathonProjects":[{"id":3037,"hackathon":{"id":42,"tabSet":[{"id":29,"name":"Results (Round 1&2)","slug":"results","description":"# Dora Grant DAO Round 1 Grantees (6 BUIDLs)\n\n### ⭐️More details about Dora Grant DAO Round 1 Update: https://dorahacks.io/blog/news/dgd-round-1-update/\n\n
\n\n

\n\nBUIDL Link: https://dorahacks.io/buidl/3516?roundProj=2425\n\nFaro is a liquid staking protocol for layer-2 chains like ZKSync, Starkware, Polygon zkEVM, Scroll, and more. It’s built for users looking to stake on these networks, but fail to meet the minimum staking requirements or expensive hardware requirements for running sequencers/provers. As a liquid staking solution, we provide the additional flexibility of immediate liquidity in the form of a staking derivative token. Faro will enable users to stake on Layer-2s, rather than Layer-1s, for the first time and allow them to secure these networks in a capital efficient manner.\n\n[Vision and roadmap >](https://community.dorahacks.io/t/faro-liquid-staking-protocol-for-layer-2-zk-rollups/47)\n\n---\n\n

\n\nBUIDL Link: https://dorahacks.io/buidl/3473?roundProj=2422\n\nNon-custodial CeFi & DeFi tracking and managing tool. Our goal is to let any dApp have access to the CeFi data and liquidity of each of its users.\n\n[Vision and roadmap >](https://community.dorahacks.io/t/cede-labs-non-custodial-cefi-defi-tracking-and-managing-tool/49/3)\n\n---\n\n

\n\nBUIDL Link: https://dorahacks.io/buidl/3360?roundProj=2424\n\n\nAn Infrastructure that Brings Web 2.0 User Experience to Web 3.0\n\n[Vision and roadmap >](https://community.dorahacks.io/t/faceless-a-cross-platform-private-payment-scheme-for-human-readable-identifiers/57/4)\n\n---\n\n

\n\nBUIDL Link: https://dorahacks.io/buidl/3197?roundProj=2423\n\nPrestare Finance (Prestare) is a lending protocol that offers a lower collateral ratio and can even support undercollateralized loans for almost any asset without using off-chain information.\n\n[Vision and roadmap >](https://community.dorahacks.io/t/prestare-finance-under-collateralized-borrowing-protocol-with-almost-any-asset/74)\n\n---\n\n

\n\nBUIDL Link: https://dorahacks.io/buidl/3670?roundProj=2443\n\nWe are building a globally user owned recruiting marketplace leveraging web3 incentives and a custodial resume wallet and career social fi, MVP live at lewkprotocol.xyz\n\n[Vision and roadmap >](https://community.dorahacks.io/t/lewk-protocol-is-a-proof-of-skills-protocol-to-build-on-chain-resume-for-web3-builders/151)\n\n---\n\n

\n\nBUIDL Link: https://dorahacks.io/buidl/3505?roundProj=2420\n\nKlayOracle adopts the design used by leading and existing oracles to bring offchain data to Klaytn Smart Contracts. Its straight forward to setup to access offchain data such as prices, sport data, weather data, random numbers or any external API usecase suites your project purpose.\n\n[Vision and roadmap >](https://community.dorahacks.io/t/klayoracle-an-open-source-oracle-framework-to-securely-integrate-off-chain-data-with-klaytn-smart-contracts/58)\n\n# Dora Grant DAO Round 2 Grantees (2 BUIDLs)\n\n
\n\n

\n\nBUIDL Link: https://dorahacks.io/buidl/4172?roundProj=3574\n\nPoolshark allows for buy-and-hold LP strategies at the smart contract level. Uniswap, Curve, etc. apply mean-reversion trading strategies today which can mean losing out on volatility when the two assets in the pool diverge. Poolshark solves this by offering Cover liquidity, which effectively acts as a stop-loss for liquidity providers.\n\n- Deck: bit.ly/poolshark-deck \n- Whitepaper: https://twitter.com/poolsharks_labs/status/1613186619141664770?cxt=HHwWhMDR5durmOMsAAAA \n- Docs: https://docs.poolsharks.io\n\n[Vision and roadmap >](https://community.dorahacks.io/t/poolshark-a-decentralized-protocol-for-directional-liquidity/328)\n\n
\n\n

\n\nBUIDL Link: https://dorahacks.io/buidl/3884?roundProj=3568\n\nCookbook is the hub for smart contracts. It is one platform where you can find, deploy, and collaborate on any contract on EVM. You can view audits, documentation, and usage, as well as deploy and manage the contracts from the user interface.\n\nWe are working to build the best repository for developers to find the contracts and building blocks they need to build throughout web3. So far the building environment is strangely fragmented, but centralized. Builders parse through tons of different resources to get started, from ERC-20 generators, to forks from contracts on Etherscan. We are building out a single place where the community can contribute as well as find and build off of all of the innovations on EVM.\n\n[Vision and roadmap >](https://community.dorahacks.io/t/cookbook-smart-contract-homepage/306)"},{"id":182,"name":"Results (Round 3&4)","slug":"results-3","description":"# Dora Grant DAO Round 3 Grantees (2 BUIDLs)\n\n

\n\nBUIDL Link: https://dorahacks.io/buidl/5406?roundProj=4374\n\nFortyTwo is the frontend for the Cosmos ecosystem. It is the landing page that any user who wants to explore Cosmos, understand their portfolios, play with DeFi or trade NFTs.\n\n[Vision and roadmap >](https://community.dorahacks.io/t/fortytwo-a-front-end-for-cosmos/439)\n\n---\n\n

\n\nBUIDL Link: https://dorahacks.io/buidl/5070?roundProj=4373\n\nDesig, a blockchain-agnostic multisig wallet that applies TSS and MPC technologies.\n\n[Vision and roadmap >](https://dorahacks.io/buidl/5070?roundProj=4373)\n\n# Dora Grant DAO Round 4 Grantee\n\nThere are no Grantee come out in Dora Grant DAO 4th Round."},{"id":294,"name":"Results (Round 5&6)","slug":"results-5","description":"# Dora Grant DAO Round 5 Grantees (2 BUIDLs)\n\n

\n\nBUIDL Link: https://dorahacks.io/buidl/8312?roundProj=5044\n\nMaking the JavaScript layer for NFTs to expand the NFT design space for mainstream adoption\n\n[Vision and roadmap >](https://community.dorahacks.io/t/epplex-grant-proposal-dora-grant-round-5/630)\n\n---\n\n

\n\nBUIDL Link: https://dorahacks.io/buidl/7735?roundProj=5046\n\nMarket making strategies on on-chain exchanges for retail users\n\n[Vision and roadmap >](https://community.dorahacks.io/t/root-protocol-grant-proposal-dora-grant-round-5/627)\n\n# Dora Grant DAO Round 6 Grantee\n\nThere are no Grantee come out in Dora Grant DAO 6th Round."},{"id":545,"name":"Submission Guide","slug":"submission","description":"# Getting Started [3-5 MIN]\n\n**1.** **You should submit your BUIDL via [DoraHacks.io](https://dorahacks.io/). Before that, make sure that you already have an account.**\n\nUse the **Sign in/up button** at the upper right corner of the page to access the sign-up options.\n\n

\n\n**Github, crypto wallet** and **email** are supported for creating an account. For BUIDLers, we recommend you to connect the account to your **github** to make more people know what you are building at any time.\n\n*You may be asked to receive a verification code via email. The email may take some time to arrive. No worries! The code will not expire in 10 minutes when you click “send code”.\n\n**2. Before the submission of deadline, please make sure you have added your Github link to the project. You can submit the project first, edit it later before the deadline.**\n\nClick “Submit BUIDL”.\n\n> **→ If you already have a BUIDL on DoraHacks**\n\nChoose your BUIDL project from **\"Apply with Existing BUIDL\"** and identify the track you want to join.\n\n> **→ If you want to submit a new BUIDL project**\n\nClick **“Create a new BUIDL”** and fill in the form as required. You'll be directed to \"Apply for Dora Grant DAO Round 4\" page after the new BUIDL setup.\n\nFill in the form to offer the information about your project. Note that for demo, demo link and social media, please offer **URLs (with http/https://)**.\n\n

\n\nDon't forget to check \"I agree to the User Agreement\".\n\n

\n\nBack to Application window. Choose your BUIDL project from **\"Apply with Existing BUIDL\"** and identify the track you want to join.\n\nWhen submission succeeds, you'll see this notification.\n\n

\n\n# Project Verification\n\nWait! Don't just leave your BUIDL here and forget about it. Please contact DoraHacks staff on **Telegram** [@dorahacksofficial](https://t.me/dorahacksofficial) for project verification and promotional support. We'll make every BUIDL a poster and arrange a live project demo session for you via Youtube Live/Binance Live. Don't let go of the chance to receive huge visibility!\n\nOr, you can also reach us out at the **#buidl-verification channel** in the **Discord** https://discord.gg/gKT5DsWwQ5\n\n# Want to make some changes to your BUIDL?\n\nClick [Avatar] -> [Profile] to enter the Account Center, and click the \"Edit\" button on the top right of the BUIDL to update the BUIDL information.\n\n

\n\n
\n\n

"}],"skills":["python"],"applied":false,"isCurrentHackerRegistered":false,"buidlsCount":657,"applicationsCount":779,"organization":null,"description":"# Update\n\n- Check out Dora Grant DAO the Grantees(Round1-6) at the [\"Results\" tab](https://dorahacks.io/hackathon/dora-grant-dao/results). \n\n- **Initial Screening [7th round]:** July 15th - 22nd, 2024\n\n***All applicants can apply for future round if with iterative progress. No resubmission is required, but simply update iterations in “Milestone” on your BUIDL page for re-screening.**\n\n

Milestone update (click on toggle to view)

\n\n# Dora Grant DAO — Long-term Funding Program\n\nDora Grant DAO is a community-driven program to fund the hacker movement - explore and assist hackers with innovative ideas, and eventually help them build important products for the future of multi-chain Web3 ecosystem.\n\nThe grantees will be offered the valuable opportunities to obtain funding to further develop their projects (BUIDLs) and achieve milestones that they have set out. Meanwhile, they will also get access to the Dora community and corresponding resources helpful for the teams in the further development.\n\nAll BUIDLs will be screened before entering community voting. **The 7th screening and funding round of Dora Grant DAO will provide up to $50k to fund BUIDL proposals**, based on zero-knowledge voting results of [vcDORA community](https://doraresear.ch/2022/09/16/vcdora/). Voting will happen on DoraHacks.io.\n\n# Eligibility\n\n**We’ll prioritize providing grants and funding to projects that falls under the below categories:**\n\n- Projects committed to building key blockchain infrastructure and applications, such as CookBook (a grantee of the second round of the Dora Grant DAO).\n\n- Community and media organizations that grows the Public Good Staking community and/or the DoraHacks hackathon community. Communities and media organizations advocating the development of the Appchain ecosystem.\n\n- Projects dedicated to building Appchain infrastructure and public goods, for example, Confio (developers of CosmWasm), PingPub (an open-source blockchain explorer), and Dora Vota MACI (providing open MACI infrastructure), etc.\n\n- Research and tools related to funding public goods, including the innovative design of governance tools.\n\n- Projects related to the Dora Vota ecosystem, including Vota network infrastructure, IBC-related tools, MACI derivative applications, and research on MACI.\n\n- Early-stage startup projects from multi-chain and emerging Appchain ecosystems.\n\n**Dora Grant DAO will fund three types of BUIDLs/ideas:**\n\n**1.** Multi-chain Web3 infrastructures and toolings solving critical problems;\n\n**2.** Crypto-native applications;\n\n**3.** Intersections between crypto and other frontier technologies;\n\n**The screening rounds are based on several criteria** to make sure that BUIDL proposals entering vcDORA community voting session would meet the mandate of Dora Grant DAO:\n\n**1.** A real, legit team. \n\n**2.** The team members have proper background and intention to build the proposed product. \n\n**3.** The team is product- / technology-focused. \n\n**4.** The team builds products based on the First Principles. \n\n**5.** MVP / early-stage product available and team is actively developing with a clear roadmap.
*Or, funding BUIDL idea is possible when the idea is thoroughly thought through. In this case, papers or articles are required to present the idea, its development and application in the real world.\n\n**6.** Early-stage BUIDLs (pre-PMF is acceptable): startups/projects that have not launched private round, seed funding round or any further fundraising rounds.\n\n**7.** BUIDL proposal should be aligned with the interests of vcDORA community.\n\n*All applicants can apply for future round if with iterative progress. No resubmission is required, but simply update iterations in “Milestone” on your BUIDL page for re-screening.\n\n

Milestone update (click on toggle to view)

\n\n# Timeline (Round 7)\n\n- **Registration:** Long-lasting\n\n- **Opening Ceremony [LIVE]:** ([Replay >](https://www.binance.com/en/live/video?roomId=2110238))\n\n- **Initial Screening [7th round]:** July 15th - 22nd, 2024\n\n(Submission before July 15th will be reviewed in the 7th round.)\n\n- **Screening Result Announcement [7th round]:** July 22nd, 2024\n\n- **Grant Proposal Submission [7th round]**: July 22nd - 24th, 2024\n\n- **Community Voting [7th round]**: TBD\n\nEntry to Dora Grant DAO Long-term Funding Program will be ***always open for application***, but application review and fund distribution will happen periodically in sequential rounds.\n\n# How Dora Grant DAO Supports Early Projects\n\n- **Grant Funding**: Long-term submission and periodical funding distribution; the 7th round of application review offers up to **$50,000 in the funding pool.**\n\n- **Connect With Other Startups & Developers:** A hub provided for forefront Web3 BUIDLers and entrepreneurs.\n\n- **Gateway to vcDORA Community:** 3K+ DORA community members will know your projects and vote to support.\n\n\n# How to Apply?\n\n

\n\n**1.** Visit [Dora Grant DAO Hackathon]() to **submit a BUIDL** and fill out the required information (see [Application Guide](https://dorahacks.io/hackathon/dora-grant-dao/submission).\n\n**2.** BUIDLs that pass the initial screening must **submit a Grant Funding Proposal** to [Discourse - DoraHacks Community Governance Forum](https://community.dorahacks.io/c/dgd/5).\n\n**3.** After being selected for the Grant, BUIDLs will go through Community Voting and receive grant funding, **however per may vary on the Community Voting results**.\n\n**Note**: Grantees with **Iterative BUIDLs can re-apply** to the future rounds of Dora Grant DAO. No resubmission is required, but simply update iterations in “Milestone” on your BUIDL page for re-screening.\n\n

Milestone update (click on toggle to view)

\n\n# Funding Pool Allocation Rules\n\nDora Grant DAO comes in a total amount of $50,000 in the 7th application review and funding round, and the rules for allocation are as follows: \n\n- Selected BUIDLs must **submit a Grant Funding Proposal** prior to participating in the Community Voting.\n\n- Community Voting will determine which BUIDLs‘ Grant Funding Proposal will be approved.\n\n- **The prize will be awarded in the order of the Community Voting results**. Starting with the first place, the following BUIDLs will be allocated the proposed amount until the $50,000 prize pool has been distributed.\n\n- Due diligence will be conducted on the eligibility of every round grantee from Dora Grant DAO. DoraHacks reserves the rights of any revocation/adjustment of the grants.\n\n## Knowledge partner (Bonus): Decentralised.co premium subscription\n\nDecentralised.co, a leading Web3 analytics platform & newsletter, publishes three weekly articles for investors and developers who like to stay updated on Web3 without being glued to Twitter. Senior executives from 140+ enterprises trust us to keep them updated on what's going on in crypto. As a bonus, Decentralised.co offers a premium subscription plan to the hackathons winners for free. \n\n# How to Vote by vcDORA\n\n**Voting Period (for 7th round of screening): TBD.** \n\nThe voting ticket used here is **vcDORA,** short for “**voice credit DORA**”, free community governance credit generated by **staking $DORA tokens**.\n\nvcDORA is the general non-transferable voice credit for DORA community governance, and the amount of vcDORA associated with an address is related to the amount of DORA staked, the duration of staking, and time elapsed since the initial staking date.\n\nIt has following features: \n\n- Decaying spontaneously and linearly: the vcDORA one holds will turn ZERO at the end of staking period. **Please note to stake and vote at the reasonable time.**\n\n

\n\n- Non-transferable: vcDORA is designed to grant the governance credit to the stakers (the staking addresses), therefore **it’s exclusive (or in popular term “soul-bound”) to the staker and is not allowed to be transferred**.\n\n- Irrevocable: Staking is not allowed to be cancelled because it’s based on interactions with a smart contract. But it’s ok to increase staking amount or to prolong the staking period to get more vcDORA.\n\n**More about vcDORA** https://doraresear.ch/2022/09/16/vcdora/ \n\n**More rules of voting will be released before voting session starts. Please join [DoraHacks Discord](https://discord.gg/gKT5DsWwQ5) to stay updated.**\n\n# Contact Us\n\n**1.** **How to contact the DoraHacks team?**\n- Discord: [https://discord.gg/gKT5DsWwQ5](https://discord.gg/gKT5DsWwQ5)\n- Telegram: [https://t.me/dorahacksofficial](https://t.me/dorahacksofficial)\n\n**2.** **How do I get information about the progress of an event/BUIDL?** \n- Join [DoraHacks Discord](https://discord.gg/gKT5DsWwQ5)\n- Subscribe to DoraHacks [Twitter](https://twitter.com/DoraHacks), [Binance Live](https://www.binance.com/en/live/u/24985985), [Youtube](https://www.youtube.com/c/DoraHacksGlobal)","onboardingCompleted":false,"registerFormUrl":null,"preRegisterTime":0,"publicContactHackerHandle":null,"hackersCount":1006,"winnerAnnounced":false,"teamCount":0,"title":"Dora Grant DAO","uname":"dora-grant-dao","imageUrl":"https://cdn.dorahacks.io/static/files/18eeaedea9a2860d2b740f6491e95ca1.jpg","originUrl":null,"startTime":1664355600,"endTime":1720367999,"timezone":"UTC","city":"Virtual","visible":true,"approvalStatus":6,"state":0,"voteUrl":null,"voteMechanism":null,"bonusPrice":50000,"bonusMechanism":"XX","followersCount":0,"ecosystem":null,"applyGuide":"https://dorahacks.io/blog/guides/dora-grant-dao/","weight":0,"participationForm":"Virtual","field":"","email":null,"contacts":null,"externalContacts":null,"telegram":null,"discord":null,"whatsapp":null,"wechat":null,"prizeFundingEscrowed":0,"token":"USD","prizeSafeForm":0,"prizeSafeNetwork":null,"prizeSafeOwner":null,"prizeSafeWallet":null,"prizeSafePublishDate":null,"hasOnboarding":false,"isPublicTrackJudging":false,"isEndedTrackJudging":false,"question":null,"countryId":null,"cityId":null,"venueName":null,"venueAddress":null,"category":0,"isEnableBounty":true,"isBountyRequired":false,"isEndedBountyJudging":false,"bountiesLimitForBuidl":10,"isPublicBountyJudging":false,"isMultiTracksAllowed":false,"tracksLimitForBuidl":0,"showIdeaTab":true,"showQuestionTab":true,"showTeamTab":false,"bonusDescription":[],"askHackers":[],"isEnabledQuestions":false,"isEnabledAskHackers":false,"isBuidlsPrivate":false,"trackJudgingMaxScore":100,"bountyJudgingMaxScore":100,"isExtended":false,"oldEndTime":null,"status":2},"status":4,"bounty":null,"track":null,"table":"0","trackObj":{"id":741,"name":"[DEFAULT_TRACK]","judgingCriteria":"","weight":0},"bountyObjs":[]}],"chain":[],"chainList":[],"appliedGrant":true,"acceptRewards":false,"owner":51553,"ownerInfo":{"nickname":"Fabrice @NURVIA","username":"U_0cb79ff13b878","avatar":"https://cdn.dorahacks.io/avatar/avatar_MZH5y0f.png"},"visible":true,"deleted":false,"continuousSponsoring":false,"pageView":0,"sponsoredCount":0,"starCount":0,"sponsoredAmount":"278.05","sponsoredPersons":11,"followers":33,"voteCount":61,"projectMembers":[{"id":2962,"member":null,"email":"***@***","status":"pending","role":2,"title":null,"introduction":null},{"id":2961,"member":null,"email":"***@***","status":"pending","role":2,"title":null,"introduction":null}],"bnbRound":null,"doraGrantDaoTags":[],"techTrees":[0],"infrastructureTags":[0,1,2,3,4,5,8,9,10,11,12,17,18,19,24,25,26,27,34,35,36,37,40,41,42,44,45,46,47,49,50,51,59,60,62,64,65,66,68,71,83],"otherInfrastructures":[],"lastEditor":{"id":51553,"username":"U_0cb79ff13b878","date":1675790623000},"upvoted":false,"followed":false,"upvoters":{"count":2,"list":[{"id":251,"hacker":{"username":"U_f40138fa6771d","avatarUrl":"https://cdn.dorahacks.io/static/files/18e01b0e9acda5f34f94ced4d48945e0.png","nickName":"Ken2889","introduction":"Ok"},"createdAt":"2023-02-19T04:29:32.542909+08:00","upvotes":"0.00","followed":false},{"id":38,"hacker":{"username":"U_e5e45ffa18482c","avatarUrl":"https://cdn.dorahacks.io/avatar/avatar_CDwlwnW.png","nickName":"","introduction":""},"createdAt":"2023-02-08T01:04:00.340645+08:00","upvotes":"0.00","followed":false}]},"kycStatus":0,"ideas":[],"name":"NURVIA","techniqueField":"","source":"Grants-","vision":"Cross-chain decentralized lending protocol that allows for crypto borrowing without crypto collateral for real-world lending businesses.","projectDescription":"We are bringing crypto loans backed by Real World Assets on-Chain, aiming to close the $5.2 Trillion lending gap for 131 million MSME in emerging markets.\n1-Participants\nThe NURVIA protocol has three key roles: Lending businesses or Borrowers, Lenders or Investors, and Business Auditors. \nLending businesses or Borrowers are participants who seek financing from NURVIA, and they propose Borrower Pools to be assessed by the network. Borrower Pools are smart contracts that contain the terms a Borrower seeks for their loans, such as the interest rate and repayment schedule.\nLenders are participants who provide crypto capital to the protocol to be utilized by Borrowers. There are two ways to become a Lender on NURVIA—as a Backer or as a Liquidity Provider—based on one’s desired level of involvement, risk tolerance, and potential yields. Investors assess individual Borrower Pools, decide whether to invest in them directly with first-loss capital, and earn the protocol’s highest yields for doing so. Liquidity Providers supply second-loss capital to the Senior Pool, which automatically allocates its funds across all Borrower Pools according to the assessment of Investors.\nBusiness Auditors vote to approve Lending businesses, a required step before they can propose a Borrower Pool to Backers. Business Auditors applied to become auditors on NURVIA and are randomly selected by the protocol to provide a human-level check guarding against fraudulent activity and earn rewards in exchange for conducting this work. \n\n2-How NURVIA works for:\na-Loans with collateral\n•\tNurvia partners with a credit financing boutique to structure a deal with a fintech company.\n•\tAfter all parties have agreed on the terms of the debt facility, the deal is created on the Nurvia marketplace.\n•\tOnce the lenders/investors subscribe to and finance the junior tranche, the senior tranche is financed by the liquidity pool.\n•\tThe deal is then registered at the local registry and issued and financed on-chain.\n•\tThe fintech receives the financing in BUSD on Binance, converts it into local currency, and originates loans to the end client.\n•\tThese loans are then provided as collateral to the Nurvia deal.\n\nb-Loans without collateral\nThe protocol works by extending credit lines to lending businesses on NURVIA App. These businesses use their credit lines to draw down stablecoins such as BUSD from the pool, and then they exchange it for fiat and deploy it on the ground in their local markets. In this way, the protocol provides the utility of crypto — specifically, its global access to capital — while leaving the actual loan origination and servicing to the businesses best equipped to handle it.\nOn the investor side, crypto holders can deposit into the pool to earn yield. As the lending businesses make their interest payments back to the protocol, they’re immediately disbursed to all investors.\nA Risk Tokenized Loan is a structured financial product designed to do the following:\ni. Enable SMEs and reputable lending businesses to ask for a loan by issuing a Risk Tokenized Loan accessible to retail\nii. Deploy money collected from lenders/investors and Risk Tokenized Loan purchasers to generate interest on principal in overcollateralized DeFi margin lending markets on Moonbeam and Moonriver optimized by Yieldthy.\niii. Swap interest for Risk Tokenized Loan: the interest generated by the loan is given as funding to SMEs and reputable lending businesses, while the retail purchasers of the loan earn tokens\niv. At loan maturity, loan underwriters and RTL buyers are returned their principal plus interests\nWhile the loans may generate just 8% to 15% in interest, which as mentioned above is nothing special, the Risk Tokenized Loan they are swapped for could be 100x or even 1,000x.\nWith the loan, retail only captures 15% of the growth in the swapped Risk Tokenized Loan. So, a 100x translates to 1,000% nor 10,000%. Even then, 1,000% is far, far more exciting than 15%, yet it does not risk principal funds.\nOf course, the swapped Risk Tokenized Loan may go to 0, which is the key reason retail has been aversive to lending to begin with. However, with the Risk Tokenized Loan, the principal was never exposed to loans. So even if a swapped loan reaches -100%, the net return in fact leads is a 1x return, essentially no change in portfolio.\n\n3-Decentralized Trust \nIn order to determine how to allocate capital from the Senior Pool, the protocol uses the principle of \"Decentralized Trust.\" This means that while the protocol doesn't trust any individual Backer or Business Auditor, it does trust the collective actions of many of them. \nAt a high level: when more Backers supply to a given Borrower Pool, the Senior Pool increases the ratio with which it adds leverage. Because this approach relies on counting individual Backers, the protocol must ensure they are in fact represented by different people. Therefore, all Backers, Lending Businesses, and Business Auditors require a \"unique entity check\" to participate (see below).","teamDescription":"[Fabrice Alomo, Founder & CEO]\n●\tIn charge of Product Engineering, fundraising, building partnerships, validating assumptions and hypotheses\n●\tBsc. Telecommunication Engineering\nI am 3xEntrepreneur with a track record of MAKING THINGS TO HAPPEN, a Do It Yourself Advocate. I am a Product Edge entrepreneur, with a powerful combination of generalist technical skills and a strong product mindset, with a growth mindset and personal exceptionalism. \nI was a Member of the Global Shapers Community and a member of the digital platform UpLink of the Global Centre for Innovation and Entrepreneurship of the World Economic Forum, I am a Fellow of Tony Elumelu Entrepreneurship Programme 2015. Anzisha Prize Winner and Fellow 2015. Impact Fellow of the Singularity University. I am a Community Member of the African Leadership Academy. I am a Member of the African Leadership Network, an Associate Fellow of the Royal Commonwealth Society, named in the 2016 \"Top 30 under 30 best young entrepreneurs in Africa\", Forbes Magazine. Recognized with my company Amoney (Rebranded HehSaC) as one of the 12 best Fintech start-ups in Africa by SWIFT in 2016; and as one of the best 100 Fintech companies in Africa in 2016, African Fintech Awards. Anzisha Job Creation Challenge Prize Winner in 2017. Recognized with my Fintech company HehSaC in 2018 as part of the best Next Africa 100 IFC (World Bank) startups program. \nCo-Founder & Board Member, Dreamcash Inc.\n\n[Frank Nsougui, Co-Founder & Lead Front-End ]\n●\tHead of Front-end Dev – Building front-end components of our products \n●\tBsc. Computer Engineering\n●\t+5 years Web3 Senior Front-end developer\n●\t+15 Web2 Apps built\n●\t5 Web3 Dapps built\n\n[Daniel Ndam, Co-Founder & Lead Back-End]\n●\tHead of Back-End – Building back-end components of our products\n●\tBsc. Computer Engineering\n●\t+4 years Back-end Smart contract developer.\n●\t+10 Web2 Apps built\n●\t3 Web3 Dapps built","githubPage":null,"githubVerify":0,"demoLink":"https://www.youtube.com/watch?v=oPQ7jL8jAKw","demoVideo":"https://www.youtube.com/watch?v=oPQ7jL8jAKw","ownerTitle":null,"ownerIntroduction":null,"twitterVerified":false,"weibo":null,"nft":null,"scOwner":"","editTime":1675790623,"upvotes":"0.00","isRecruitingEnabled":false,"recruitingInfo":"","recruitingLink":null,"twitter":"nurviafinance","facebook":null,"instagram":null,"socialTelegram":null,"socialDiscord":null,"socialLinks":[],"showedFunding":false,"agentStatus":null,"createdAt":"2023-01-02T23:40:22.530256+08:00","updatedAt":"2023-01-19T16:30:33.896055+08:00","milestoneEditor":51553,"path":"/buidl/4024","techField":"","techFieldAry":[],"techTree":[0],"tags":[0,1,2,3,4,5,8,9,10,11,12,17,18,19,24,25,26,27,34,35,36,37,40,41,42,44,45,46,47,49,50,51,59,60,62,64,65,66,68,71,83],"otherTags":[],"origin":"Grants-","intro":"We are bringing crypto loans backed by Real World Assets on-Chain, aiming to close the $5.2 Trillion lending gap for 131 million MSME in emerging markets.\n1-Participants\nThe NURVIA protocol has three key roles: Lending businesses or Borrowers, Lenders or Investors, and Business Auditors. \nLending businesses or Borrowers are participants who seek financing from NURVIA, and they propose Borrower Pools to be assessed by the network. Borrower Pools are smart contracts that contain the terms a Borrower seeks for their loans, such as the interest rate and repayment schedule.\nLenders are participants who provide crypto capital to the protocol to be utilized by Borrowers. There are two ways to become a Lender on NURVIA—as a Backer or as a Liquidity Provider—based on one’s desired level of involvement, risk tolerance, and potential yields. Investors assess individual Borrower Pools, decide whether to invest in them directly with first-loss capital, and earn the protocol’s highest yields for doing so. Liquidity Providers supply second-loss capital to the Senior Pool, which automatically allocates its funds across all Borrower Pools according to the assessment of Investors.\nBusiness Auditors vote to approve Lending businesses, a required step before they can propose a Borrower Pool to Backers. Business Auditors applied to become auditors on NURVIA and are randomly selected by the protocol to provide a human-level check guarding against fraudulent activity and earn rewards in exchange for conducting this work. \n\n2-How NURVIA works for:\na-Loans with collateral\n•\tNurvia partners with a credit financing boutique to structure a deal with a fintech company.\n•\tAfter all parties have agreed on the terms of the debt facility, the deal is created on the Nurvia marketplace.\n•\tOnce the lenders/investors subscribe to and finance the junior tranche, the senior tranche is financed by the liquidity pool.\n•\tThe deal is then registered at the local registry and issued and financed on-chain.\n•\tThe fintech receives the financing in BUSD on Binance, converts it into local currency, and originates loans to the end client.\n•\tThese loans are then provided as collateral to the Nurvia deal.\n\nb-Loans without collateral\nThe protocol works by extending credit lines to lending businesses on NURVIA App. These businesses use their credit lines to draw down stablecoins such as BUSD from the pool, and then they exchange it for fiat and deploy it on the ground in their local markets. In this way, the protocol provides the utility of crypto — specifically, its global access to capital — while leaving the actual loan origination and servicing to the businesses best equipped to handle it.\nOn the investor side, crypto holders can deposit into the pool to earn yield. As the lending businesses make their interest payments back to the protocol, they’re immediately disbursed to all investors.\nA Risk Tokenized Loan is a structured financial product designed to do the following:\ni. Enable SMEs and reputable lending businesses to ask for a loan by issuing a Risk Tokenized Loan accessible to retail\nii. Deploy money collected from lenders/investors and Risk Tokenized Loan purchasers to generate interest on principal in overcollateralized DeFi margin lending markets on Moonbeam and Moonriver optimized by Yieldthy.\niii. Swap interest for Risk Tokenized Loan: the interest generated by the loan is given as funding to SMEs and reputable lending businesses, while the retail purchasers of the loan earn tokens\niv. At loan maturity, loan underwriters and RTL buyers are returned their principal plus interests\nWhile the loans may generate just 8% to 15% in interest, which as mentioned above is nothing special, the Risk Tokenized Loan they are swapped for could be 100x or even 1,000x.\nWith the loan, retail only captures 15% of the growth in the swapped Risk Tokenized Loan. So, a 100x translates to 1,000% nor 10,000%. Even then, 1,000% is far, far more exciting than 15%, yet it does not risk principal funds.\nOf course, the swapped Risk Tokenized Loan may go to 0, which is the key reason retail has been aversive to lending to begin with. However, with the Risk Tokenized Loan, the principal was never exposed to loans. So even if a swapped loan reaches -100%, the net return in fact leads is a 1x return, essentially no change in portfolio.\n\n3-Decentralized Trust \nIn order to determine how to allocate capital from the Senior Pool, the protocol uses the principle of \"Decentralized Trust.\" This means that while the protocol doesn't trust any individual Backer or Business Auditor, it does trust the collective actions of many of them. \nAt a high level: when more Backers supply to a given Borrower Pool, the Senior Pool increases the ratio with which it adds leverage. Because this approach relies on counting individual Backers, the protocol must ensure they are in fact represented by different people. Therefore, all Backers, Lending Businesses, and Business Auditors require a \"unique entity check\" to participate (see below).","images":["https://cdn.dorahacks.io/static/files/Nurvialogo.jpg"],"team":"[Fabrice Alomo, Founder & CEO]\n●\tIn charge of Product Engineering, fundraising, building partnerships, validating assumptions and hypotheses\n●\tBsc. Telecommunication Engineering\nI am 3xEntrepreneur with a track record of MAKING THINGS TO HAPPEN, a Do It Yourself Advocate. I am a Product Edge entrepreneur, with a powerful combination of generalist technical skills and a strong product mindset, with a growth mindset and personal exceptionalism. \nI was a Member of the Global Shapers Community and a member of the digital platform UpLink of the Global Centre for Innovation and Entrepreneurship of the World Economic Forum, I am a Fellow of Tony Elumelu Entrepreneurship Programme 2015. Anzisha Prize Winner and Fellow 2015. Impact Fellow of the Singularity University. I am a Community Member of the African Leadership Academy. I am a Member of the African Leadership Network, an Associate Fellow of the Royal Commonwealth Society, named in the 2016 \"Top 30 under 30 best young entrepreneurs in Africa\", Forbes Magazine. Recognized with my company Amoney (Rebranded HehSaC) as one of the 12 best Fintech start-ups in Africa by SWIFT in 2016; and as one of the best 100 Fintech companies in Africa in 2016, African Fintech Awards. Anzisha Job Creation Challenge Prize Winner in 2017. Recognized with my Fintech company HehSaC in 2018 as part of the best Next Africa 100 IFC (World Bank) startups program. \nCo-Founder & Board Member, Dreamcash Inc.\n\n[Frank Nsougui, Co-Founder & Lead Front-End ]\n●\tHead of Front-end Dev – Building front-end components of our products \n●\tBsc. Computer Engineering\n●\t+5 years Web3 Senior Front-end developer\n●\t+15 Web2 Apps built\n●\t5 Web3 Dapps built\n\n[Daniel Ndam, Co-Founder & Lead Back-End]\n●\tHead of Back-End – Building back-end components of our products\n●\tBsc. Computer Engineering\n●\t+4 years Back-end Smart contract developer.\n●\t+10 Web2 Apps built\n●\t3 Web3 Dapps built","github":null,"demo":"https://www.youtube.com/watch?v=oPQ7jL8jAKw","video":"https://www.youtube.com/watch?v=oPQ7jL8jAKw","socialTwitter":"nurviafinance","socialFacebook":null,"socialInstagram":null,"nftId":null,"haxonBuidls":[{"id":3037,"projectId":4024,"name":"NURVIA","track":"[DEFAULT_TRACK]","bounties":[],"haxonId":42,"haxonName":"Dora Grant DAO","status":2,"haxonCreateAt":"2022/09/28 09:00:00 UTC"}],"kudoData":null,"bountyObjs":[],"tracks":[],"badges":["{\"schema\":\"BADGE\",\"d\":{\"index\":\"b3106\",\"badgeType\":\"buidl\",\"path\":\"/buidl/4024/achievement/b3106\",\"ownerId\":4024,\"iconName\":\"b0\",\"updatedDate\":\"2023/01/19\",\"title\":\"Dora Grant DAO\",\"detail\":\"Participation\",\"tag\":\"Hackathon\",\"imageUrl\":\"https://cdn.dorahacks.io/static/badge/b0_Dora~c32Grant~c32DAO.webp\",\"shareImageUrl\":\"https://cdn.dorahacks.io/static/badge/b0_Dora~c32Grant~c32DAO.jpg\",\"id\":3106,\"metaInfo\":{\"type\":\"HACKATHON_PARTICIPATION\",\"hackathonId\":42,\"title\":\"Dora Grant DAO\"},\"createdAt\":1674116566,\"updatedAt\":1674116566,\"type\":0,\"subjectId\":42,\"metadata\":{},\"buidl\":4024}}"]}}