KYN: The challenges

Closed
Project
Academic experience
200 hours per student
Student
Anywhere
Advanced level

Project scope

Categories
Communications Market research Operations Project management Product or service launch
Skills
financial technology (fintech) resilience web 3.0 business-to-consumer statistical process controls supply chain
Details

With KYN (Know Your Neighbors) and the dApps (decentralized apps) we are creating on it, we have some fairly unique challenges & goals:

  • bleeding-edge enterprise level tech that we want to bring to neighbors to help them connect their lives and resources - from meeting and hanging out more easily to community supply chain and distro to community fintech and more - so, we'll need to:
  • translate benefits usually targeted at enterprises to people for everyday uses (This is our first challenge and where we'll be focused for the launch of our 1st dApp.)
  • convince grant audiences of the mix - that it is awesomely powerful and yet will be easy and useful enough to bring every neighbor on board - that it will support better inclusion for disenfranchised groups, civil society voice, resilience, etc. (We are reviewing grant opportunities right now and will be submitting some.)
  • possibly convincing crowd, angel, vc audiences of same + the revenue potential (Not set on any of these routes for funding, just considering.)
  • show businesses and developers the benefits - like this network of networks, that envisions and supports communities as enterprises, makes B2C-first a more viable route for more companies, is one of the coolest and most socially purposeful options to design apps for, etc. (This will be further on in the development of KYN and its dApps, but getting some groundwork set now.)
  • Grow audiences in hyperlocal areas (150 person groups, located within 5 minutes or less walks.) Internet is optional and this is about IRL off-screen connections. So our spread is highly geo sensitive and our plans - local > regional > national > international have to factor that in.
  • We have so many potential routes to monetize this! It is a network of networks... sound familiar? ;) ... but a novel Web3.0 environment and Save the Internet focused. So, no central hardware and zero exploitation (Exploitation by us is not even possible, by design. Traffic is completely anonymous to us (but with community-safe anonymity.))
  • We need to figure out the best monetization model to roll out with and the best few to focus on next.
  • Should we pursue crowd-equity?
  • The opportunity decentralization aspect is very appealing - very on mission. From opportunities to administration, etc. what are the likely pros and cons?
  • Should we form a foundation?
  • Lots of digital inclusion, strong identity, etc. uses - and we will be pursuing those. Donations are absolutely a route of interest for development funding.
  • We would like to understand the benefits, costs, etc. of staying strictly SPC vs having both a SPC and Foundation
  • Once proof of concept is achieved, we intend to partner with community groups - schools, organizations, developers, etc. We have several ideas in mind, and are wide open to suggestions. Identifying the best to pursue will help us a lot.

We want to proceed in all things with social purposes in mind (digital inclusion, strong and independent identities, save the Internet, bring back the neighborhood, etc.)

Help with any and all of the above would be amazing.

Deliverables
No deliverables exist for this project.
Mentorship

Off the top of our heads, we can do:

  • milestone meetings
  • scrum style check-ins (every other day, 5-10)
  • weekly check-ins (30 mins - more if explicitly needed)

Open to other options.

About the company

Company
2 - 10 employees
Consumer goods & services, Non-profit, philanthropic & civil society, It & computing

Web42 helps neighbors smoothly connect their lives and resources. We help expand local opportunities from within and without. We help bring back the neighborhood. We accomplish this with KYN (Know Your Neighbors) & its dApps.

KYN
• fully decentralized network of neighborhood networks
• By design, CAN’T be evil – Anonymized & decentralized, Web42 never sees neighbors’ data sans explicit request.
• Features incl. near-Sybil-proof self-sovereign identity, robust discuss/decide/do, community-safe anonymity help neighbors connect lives & resources like enterprises.
• Features incl. guardian identities & peer-verified community reps also mean better connections for marginalized

dApps
• human-centric
• support neighbors seamlessly accessing KYN’s power

Joelio
• 1st dApp
• helps:
o people make 3 close friends within a 5-minute walk
o neighbors build real-life webs-of-trust - integral to resilient & inclusive neighborhoods
o end cycles of loneliness and polarized distrust