Elmas Land Launch Grant

Name of Project

Elmas Land

Application type


Proposal overview

ELMAS Land, an offline-online DAO, is the all-in-one livelihood ecosystem, consisting of eco-safe and secured spaces for residence, innovative tech labs and acceleration programs (LaunchPad) complete with a community-managed platform and an autonomous alternative economy.

The main mission of the project is to provide an innovative social paradigm of living, combining co-working and co-living safespace, as well as acceleration for emerging tech initiatives governed by DAO via ELMAS dApps throughout the globe.

ELMAS Land brings together the greatest blockchain brains and the world’s most revolutionary ideas to create a secure and eco-friendly DAO-intended community environment that encourages entrepreneurship, lifestyle, and self-growth.

We believe that Harmony will help us in the formation of DAO - the creation of a decentralised autonomous organisation, including a reliable economy, alternative currency and payment mechanisms both on and off the network.

Currently, the project owns land:

  1. Tulum 42 hectares
  2. Latvia 80 hectares village of 30 hectares of forest

ELMAS project has also developed 3 dome houses using the latest technology. Two of them are high-tech, one-fully environmentally friendly. They differ in speed of construction and view. All houses will be equipped with devices for non-invasive medicine and tissue regeneration. Genesis technologies. ELMAS provides technological solutions for growing mushrooms, vertical farms, and technology for growing shrimp in boxes.

The token - ELMAS - is a BEP-20 utility and governance token limited to 1 billion units. The purpose of the token is to manage and govern the platform, grant access to the services, reward users and encourage their activity. Staking ELMAS tokens is a prerequisite for access to the SHELTER platform services and participation in the project governance. To neutralise the ELMAS price fluctuation impact, the USD pegging is used for nominating basis services price.

All users get Staking ELMAS as proof of their staking. All users are eligible for the Governance staking and Platform Revenue Distribution Program. The Governance rewards is a distribution of Governance Fund ELMAS between all users with a minimum staking amount for the period of 10 years, linear 5% each 6 months.

We need Harmory’s expertise and support in the key points of creating our project such as:

  • Security infrastructure, training and procedures.

For the creation of NFT Achievements and internal NFTs.

  • Parallel economy

Autonomous payment and economic system;

Gateway “fiat economy” and monetization mechanisms;

Stakeholder and member incentive programs.

Harmony for internal staple.

  • DAO under governance.

“Direct Democracy” implemented on blockchain technology;

“Staking Proof of Concept” for weighting and exercising voting rights.

Here we will need to enforce and help create a horizontal power structure

Our milestones include:

  • The pilot is in three months. Anchoring of the data with the network of sensors in the village
  • In 6 months — the creation of bot network and the real-time states transfer testing, upload of key parameters one time a day openly
  • In 1 year — realisation of the scoring smart contract and system. Fully functioning network of automated auditors, as well as a network of stationary sensors

Proposal ask


Metrics for success

$10K after forming a DAO with 3-out-of-5 multisig with our DAOs

$10K after launching our own IDO platform

$10K after 1K daily active users (with launch video, full PR promotion)

$10K after launching smart-contract on mainnet with audit

$10K after 10k daily active users (with a detailed roadmap, governance process)

External links - View the official proposal with all Links, Pictures, and Roadmap HERE!

Thank you for submitting a proposal to Harmony’s $300M Ecosystem Fund. We are in the process of reviewing your proposal and will assign a representative on behalf of the Grants Ops team.

We would also love :blue_heart: to have the Harmony community participate to ask questions and provide feedbacks.

If you have more details to add, please do so by replying to this thread.

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hey guys, thanks for considering harmony grants with your proposal!

just a follow-up question:
when we were talking about applying for harmony somehow I assumed that the tokenomics also is going to be launched on the ONE chain, but I see you posted BSC for a start.

does that hold actuality that you want to move things with BSC or that is the thing which need to be corrected?

Interesting and somewhat complex proposal but including very well thought solutions to current socioeconomic issues and tech.

As mentioned by @nickv should the proposal be based on Harmony protocol or is your intention to use Harmony as well?
I believe if you are focused on Harmony and then create interposable layers auto-bridging to other Networks will be beneficial to your project and you will have the full support of the Harmony community.

On another note:
Do I understand correctly you are planning to build physical structures in rural areas?
I have a small land in Zakynthos in Greece not for sale or selling you anything however as your project develops it could be available to make something interesting there. Potentially 4-6 eco & tech retreat dwellings or hub or something on those lines.

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The Elmas.Land-Harmony Exchange Bridge allows projects and users that use the Harmony blockchain to seamlessly participate in the ELMAS Launchpad IDOs running on the Binance Smart Chain (BSC).

The tokens issued on the BSC will be cross-exchanged 1:1 to the same tokens on the Harmony blockchain and vice versa, which provides safety and boundlessness in the use of multiple blockchains simultaneously.

Hello, @sp.babkova

Your proposal is under review. I would also like to provide a brief update from Harmony.

All approvals and proposals for DAO Bootstrap Funding are still paused. This is a temporary measure. Please do not let this dissuade you and your team from building. Stay tuned for another update regarding DAO Bootstrap Funding :soon:

note: this comment is not an approval of this proposal.

Hello, @sp.babkova

Unfortunately this proposal is declined for a Launch grant. The token being launched as a BEP-20 is the driving factor for this decision.

This proposal may be more suited for a Port grant. Feel free to resubmit.

This thread will be closed.

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