Problem & Market Size

To date, the majority of the communities manage their treasuries on a member’s private wallet & take decisions on platforms like discord & telegram and keep track of transactions on spreadsheets. This leaves the members of such clubs/collectives/DAOs exposed to risks like loss/theft of funds, no proper tracking, human error, hassles of sending contributions & receiving returns, etc. The tools that currently exist also do not give the flexibility to these communities to manage themselves the way they want, therefore making it difficult for them to onboard themselves on these platforms. A Grants DAO is different from Investment DAO, Charity DAO and so on. One template fits all, approach, fails here.

There will exist millions of people structures on-chain for everything, starting from small pools of friends to a community of 50K+. Small & large people networks investing in opportunities, running different businesses/protocols, funding ideas, collecting assets together, lending/borrowing assets, selling different things & a lot more. DAOs’ AUM was $13.8B in the last cycle, we expect to see $1T in DAOs’ AUM as the next milestone.

About StationX

StationX is a protocol that enables anyone to start & manage decentralised permissionless pools/clubs/DAOs of any use-case using customisable templates in under 60 seconds.
Onboarding on the platform is fairly simple, on StationX onboarding page, create your station (use predefined templates for various use cases or create a custom template for yourself) that suits you the best, fill out club details (Name, Token Name, Investment Currency, fund size, Quorum, etc) and with one button click, the club is deployed.
Once in, invite users would deposit funds in exchange for minted Club Tokens using a link. (You may also use a custom token/NFT for the DAO)
Any kind of community/collective (Investors, NFT Collectors, Grants programmes, Parties, etc) can easily manage their capital & assets using the platform.

Here's how you can create your Station:

Our product gives users a no-code platform & multiple customisable templates to create their DAO/Club.
Once you connect your wallet, choose to enter the clubs you are already a part of or create a new club.
When creating a club, simply give your club a name & token symbol
Once done, select the template that works best for you or create one!
Set your governance & you’re ready to go!

How we're using chainlink

Currently, we're using chainlink to automate airdrops and dividends for Station Members. Further, as a part of our roadmap, we'll be using chainlink for the following:

Automate voting calculations for on-chain voting.
Fetch real-time market data using Marketfeeds to calculate users' share in the treasury in fiat value.

About the team

4 of us with CS backgrounds, ran a marketing & tech services company in India right after university from 2019 to 2021.

Rishav used to invest in crypto since 2017 (started with investing in projects through small pools & communities that had allocation with private investors). Invested in over 30 projects, this is where he first encountered the problem. Found out small communities came together to act as micro VCs, funds, and syndicates.
Subham has been building & shipping products since 2019. He soon transitioned into smart contracts. He has worked on multiple projects for clients ranging from retail, e-commerce, universities to build applications for custom use cases.
Pranav has more than 3 years of experience in product design, community & marketing. He started working with Web3 projects in mid-2021 and worked with over 10 projects to build their community.
Toshit is a performance marketeer with more than 3 years of experience in marketing & operations, worked with web3 projects since mid-2021 to generate traction & helped them with getting investors & partners on board.

Built With

Updates

Toshit Som started this project — Nov 18, 2022 07:23 AM EST

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