Capstone Letter of Intent (LOI)
I. Project Overview
- Capstone Project Name/Idea: Nestfolio
- Brief Project Description: Nestfolio is a decentralized governance platform built on Solana that enables communities to create and manage DAOs (Decentralized Autonomous Organizations) seamlessly. The platform allows users to propose, vote on, and execute decisions transparently while managing treasury funds securely. Nestfolio integrates AI to simplify DAO creation and proposal generation, making it accessible to both technical and non-technical users.
- Reason for Choosing this Project: The growing demand for decentralized governance, driven by the rise of Web3 and decentralized ecosystems, has created a need for scalable, transparent, and efficient solutions. Nestfolio addresses this by providing a user-friendly platform for DAO creation and management. Additionally, AI integration enhances accessibility, lowering the barrier to entry for DAO creation and governance, enabling even non-technical users to participate in decentralized decision-making.
II. Go-to-Market Strategy
- Investment & Grant DAOs: Venture DAOs and grant programs needing structured voting and secure treasury management.
- Web3 Startups & Open-Source Projects: Teams leveraging DAOs to fund, govern, and coordinate decentralized projects.
- Individual Web3 Enthusiasts: Crypto users interested in joining or creating DAOs and participating in governance.
- Crypto Communities & DAOs: Web3-native groups seeking transparent and efficient governance systems.
- Create and manage DAOs with AI-powered proposal generation and organization setup.
- Participate in transparent decision-making through token-based voting and staking.
- Manage treasury funds securely with multi-signature controls and reward distribution.
- Leverage advanced features like delegated voting, reputation scoring, and tiered memberships
- Marketing and Distribution:
- Community Engagement: Partner with existing DAOs, DeFi projects, and NFT communities to promote Nestfolio.
- Host webinars and workshops: to educate users about decentralized governance and Nestfolio’s features.
- Social Media Campaigns: Leverage Twitter, Discord, and Telegram to build a strong online presence and engage with the Web3 community.
- SuperteamDAO, StarAtlasDAO, YieldGuildGame.
- Superteam doesn't provide the option to set up your own DAO for an organization. StarAtlasDAO and YieldGuildGame are only focused on gaming projects.
- In Nestfolio anyone can set up a DAO rise funds and support projects
III. Technical Details
- Blockchain: Solana
- Smart Contract Development: Anchor Framework (Rust)
- AI Integration: OpenAI API and ElizaOS
- Database: PostgreSQL or MongoDB (for off-chain data storage)
- Smart Contract Development:
- DAO Creation: Users can initialize a DAO by providing an organization name, governance parameters, and an initial treasury deposit.
- Staking and Voting: Users stake SOL or custom tokens to gain voting power. Voting power is proportional to the amount staked, with anti-spam mechanisms to prevent abuse.
- Treasury Management: Funds are stored in PDA-controlled vaults. Multi-signature withdrawals and reward distribution are enforced through smart contracts.
- Proposal Execution: Proposals are executed on-chain after passing a voting threshold. AI helps users draft proposals and ensures they meet governance requirements.
IV. Conclusion
- 1st Week for Program Development.
- 2nd Testing + AI Integration
- Commitment: Our team is fully committed to delivering Nestfolio as a high-quality, impactful project. We will dedicate time and resources to ensure the platform is secure, scalable, and user-friendly. By leveraging Solana’s capabilities and integrating AI, we aim to make decentralized governance accessible to everyone, empowering communities to self-govern efficiently and transparently.
- Initials: AM