Forged DAO: Ideas to Products

Forged

[DAO name]

Proposal overview

Forged aims to be the first DAO that takes on submissions from inventors around the globe. Submissions will be reviewed by the the DAO and voted on. If selected, an NFT will be created granting the creator a predetermined profit-share. The forged team will review the concept, improve the concept (if necessary), and develop the product and bring it to market. Our capital is the ideas, our strength is product development and distribution.

Forged is simply an idea, too often the greatest ideas are not pursued due to a lack of motivation, self-doubt, or the means to take an idea from an idea to a product. We aim to fix that by using the combined 40 years of manufacturing experience and apply it to the product creation process. Where we lack, developers capable of creating a DAO. Our team currently consists of myself and 3 colleagues, industrial engineers at BMW Mfg. We develop processes at suppliers that manufacture of products and work with our global supplier base to ensure products meet our engineering design specifications.

Our team with a small team of blockchain developers could transform the way the market takes ideas to real products. All of this needs to be done under the umbrella of decentralized finance and the DAO will play a critical role in determining which products go to market and how much funding will be allocated to each product. We will need our own currency/token & the ability to mint the Concepts into NFT’s.

Proposal ask

250k

Metrics for success

  1. Social media platforms: Discord, Telegram, Github, Twitter, Instagram etc…
  2. Website, Portal for Inventors to submit ideas and concepts. Public can vote ideas up and the DAO reviews, DAO will do a cost analysis, and vote whether or not to move a product into production phase.
  3. Token creation: tokenomics set up to fund DAO, mutisig wallets, exchange listings.
  4. DAO creation

External links

None available at this time.

250k for a few lines of text. Lol, nice.

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Unfortunately we are unable to approve your grant proposal. Please review the guidelines at Apply for Grants or DAO in detail. As you submitted for a DAO Grant, please refer to the DAO Funding Guidelines for a more robust overview of the DAO Grants program.

We hope you continue to build on this concept and circle back when it is ready to be discussed further. Thank you for choosing Harmony.

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