Name of Project
Furniture For Future
Proposal overview
Furniture for Future is a modular system with which you can build any kind of furniture out of just a few standard components. It is the first ever crowd development project for furniture and the first blockchain enabled furniture.
What all that means in more detail:
Modular System
We are a bunch of mechanical engineers who don’t accept that furniture is so bulky, so heavy, so hard to assemble and transport as well as so expensive. That’s why we have created a modular system that tackles all that. Our main focus is on Baby Furniture, which is only used for a short period of time.
We are currently in the process of prototyping using 3D printers.
Some features to be mentioned:
- No screws necessary
- Made of bio-materials
- Lightweight compared to normal furniture
- Circular economy: After using, you can sell it back to us or a licensed entity. We will clean it and sell it again at a discounted price. This is the part where Blockchain plays a major role
- Very economical and affordable. Estimates show that we can be cheaper than Ikea, but still offer excellent quality and be very profitable
Crowd Development
Everyone is welcome to join the development and participate. We hold monthly developer meetings for people to get involved. We post tasks in the members area of our website which any member can take on. As a reward for their support, members collect tokens of a cryptocurrency.
These tokens can later be used to purchase the furniture or sold on exchanges. We are also thinking of a profit share mechanism connected to these tokens.
Blockchain enabled
As mentioned earlier, we are creating a system in which people can trade in their furniture to get back some money. By doing this, we radically reduce waste. This system can only work if we can proof that the furniture is not a fake. We also need to have proof of ownership to make sure that it’s not stolen.
That’s where Blockchain comes into play! Every part that we sell will have a “digital twin”. Every part has some sort of code or RFD tag which makes it unique. This data is stored in the Blockchain. Every owner of furniture will have a wallet in which all their furniture is listed. When they sell the furniture, the token associated with each part is transferred to the new owner as well.
We have presented this Business Model at the Entrepreneurship Summit in Berlin in October 2021. Members of the Foundation for Entrepreneurship in Berlin as well as the public liked it a lot.
Roadmap
2020 – Conceptualizing
First Quarter of 2021 – First Designs
Second Quarter of 2021 – First Two Rounds of Prototyping
Third Quarter of 2021 – Business Model Design, Prototyping ongoing
Fourth Quarter of 2021 – Community Building, Social Media, Presenting, Website
First Quarter of 2022 – Design and prototyping towards production readiness
Now – Seeking Investment for production of pre-series and support for token development
Third Quarter of 2022 – Having a final design and proof of concept for all technical aspects
Fourth Quarter of 2022 – Start of Production in Germany
Early 2023 – Create DAO’s in other countries who will be enabled to produce the furniture locally
Proposal ask
$ 250k for production of Pre- series
- Harmony support to conceptualize all Blockchain related things
Breakdown:
Phase 1: $35k – This is based on a quote from a technical consulting firm to double check our blueprints and make alterations to get it production ready
Phase 2: $68k – Make molds for each of the parts we have and run a few test parts (extrusion technology)
Phase 3: $55k – Run a pre- series production round of 50 pieces of each part
Phase 4: $50k – Develop laser marking or RFID technology to be added on each part
$42k Launch event in Stuttgart, Germany at a “Living Fair” on November 17th to 20th. (Familie & Heim | Messe Stuttgart)
How this project helps Harmony
All Blockchain related things will be done on the Harmony Blockchain, this will increase the number of users as well as awareness.
In addition, we will embed a Harmony logo next to our Furniture For Future logo on every furniture that is sold. That gives Harmony a physical presence in the real world. We will also include it at shows and fairs.
It also shows a real use case for the blockchain technology which increases overall acceptance of blockchain and Harmony in particular.
Metrics for success
Phase 1: Show production ready blueprints
Phase 2: Show pictures of molds and first parts produced
Phase 3: Show pictures of first assembled furniture (with Harmony logo on it)
Phase 4: Show pictures of markings
Finally: Show pictures of physical launch event at the fair
External links
www.furnitureforfuture.net (Currently only available in German)
Instagram: Login • Instagram
Main contact:
Dominik Braun
(Master of Engineering & MBA)
(https://www.linkedin.com/in/dominikmbraun/)
Thank you for considering this investment. I am available for all your questions. Please also let me know if some of the explanation is unclear.