Tokenizing the ecosystem

BUIDL an investment vehicle that aligns investors with builders to drive mass adoption for new, ownerless protocols, while mitigating the risk of startup failure, to make the digital commons economically viable. Discover next level venturing and enable the ecosystem to go beyond the VC-Startup model.


THE CHALLENGE

At Odyssey, our mission is to enable everyone to build an open digital public infrastructure for society. We believe that proprietary solutions should be built on top of protocols that are part of the digital commons (ownerless and publicly available).

However, to facilitate mass adoption of these commonized protocols, #buidlers need a lot of funding. This is exactly where the problem resides: How do you fund an open source project which has no owner, on top of which everyone can build, and which can be used by everyone without permission. Also, we are all aware of the nightmare ICOs brought: Wall Street on steroids. We want to develop a “Protocol Investment Vehicle”, the answer to the current undesirable situation regarding investing in commonized protocols.

The challenge is to create such an investment vehicle, that aligns investors with #buidlers to drive mass adoption for new, ownerless protocols while mitigating startup failure risk. This will make the digital commons economically viable.

Together with our partners (see consortium), we have a good hunch of how such a solution could look like. Odyssey will eat its own dog food and itself challenges the ecosystem to build a prototype of the system during the Hackathon, providing the winner with EUR 10,000 in cash and Odyssey acceleration power.

DOMAIN EXPERTS PRESENT AT THE HACKATHON

All Odyssey partners (see the video on youtube) have the ambition to collaborate on a tokenized Odyssey. They will all be present at the hackathon to help teams in this challenge.

Startup Ecosystem: StartupDelta
Investment: Outlier Ventures, 01 Ventures
Regulatory: Dutch Authority Financial Markets, De Nederlandsche Bank
Protocol: Ocean Protocol, Sweetbridge
Policy: Dutch Ministry of Interior and Kingdom Relations
Development: Ethereum Developers
Legal: Loyens & Loeff
Smart Contracts: Mattereum
Business Development: APG, Vattenfall, Enexis

TOOLBOX

All partners in our consortium can make their toolkits available. Please see the media/content section for more information.
Please contact us to tell us what you need.
Outlier Ventures has written a guide on the design of a Tokenized Ecosystem:
here

.

ELIGIBLE TEAMS

We are looking for a mix of teams, from pre-startups to corporate, to get creative ideas and viable solutions.

PROTOCOL OR
APPLICATION SOLUTION?

We are looking for a protocol solution.

OPEN SOURCE OR PROPRIETARY?

We expect teams to develop a completely open source project, accompanied by a relevant Open Source Software license. See: https://opensource.org/licenses.

Motivation

Make the digital commons economically viable by developing a Protocol Investment Vehicle that can be used by anyone and is owned by everyone.

Ambition and goals

We want to enable collaboration between competing investors while aligning them with building teams. We want to develop an adoption driven approach which is beneficial for all end users. We want to mitigate startup failure risk, so a high return of investment compensation is not required anymore.

 

Track record in innovation and acceleration with teams/companies

DutchChain, organizing Odyssey, has co-created 130 prototypes in the last two years by organizing:

2017 Dutch Blockchain Hackathon
(https://www.youtube.com/watch?v=KB_iTbDrkxE)

2018 Blockhchaingers Hackathon Program
(https://www.youtube.com/watch?v=4h87L6IRu0s)

2018 European Union Blockathon
(https://www.youtube.com/watch?v=Sb3ecqzhW6g)

CONSORTIUM

Current consortium:

Startup Ecosystem: StartupDelta

Investment: Outlier Ventures, 01 Ventures

Regulatory: Dutch Authority Financial Markets, De Nederlandsche Bank

Protocol: Ocean Protocol, Sweetbridge

Policy: Dutch Ministry of Interior and Kingdom Relations

Development: Ethereum Developers

Legal: Loyens & Loeff

Smart Contracts: Mattereum

Business Development: APG, Vattenfall, Enexis

 

Welcoming: We welcome anyone who can contribute to our challenge. Especially people involved in Complex Systems Engineering and Ethics.

 

INCUBATION

 

What does the partner have to offer. You will become part of the core of the Odyssey Innovation Program. This means we will support you with everything we have to complete your epic journey.

 

We will provide you with a budget to further develop your solution, open up our network and support you in gathering all the necessary resources.

 

What do consortium partners have to offer: We are currently in conversation with our consortium partners in order to offer you something concrete.

 

CONTENT

 

Content Specific:

 

Blockchain is about Commonization (https://medium.com/@rutgervz/blockchain-and-tokenization-beyond-the-hype-8bacd3c43481)

Tokenization Sessions with our Consortium (https://www.youtube.com/watch?v=uIhZGcBKrIM&list=PLJKZ1VsCLRr0vgj_BqRYVPQehMxJ_sPUV)

Tokenized Ecosystems talk by Abe Scholte, the challenge-owner

(https://www.youtube.com/watch?v=HkLqohgEPJ8)

 

Guide:

 

Token Ecosystem Creation, research by Outlier Ventures

(https://outlierventures.io/research/why-crypto-assets-need-effective-token-ecosystems/)

 

Inspiration:

 

Tokenize the Enterprise

(https://medium.com/@trentmc0/tokenize-the-enterprise-23d51bafb536)

Forget ICOs: continuous fundraising is the future

(https://salon.thefamily.co/forget-icos-continuous-fundraising-is-the-future-d68905c0d8dc)

 

MAIN CONTACT

 

Abe Scholte, Tokenization Lead at Odyssey

 

Any questions? Please contact Abe and the entire Track through the community Scaling Ecosystems-group: 

how to tokenize your company

Registration is closed

Odyssey hackathon 2019

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