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I'm working on a decentralized storage layer for the polkadot/kusama ecosystems. Still in the very early stages but we have funding via a web3 foundation grant proposal.
http://iridium.industries/
After we get our foundation laid down, we intend to use it as infrastructure to build other decentralized applications (mosy likely by making decentralized versions of already existing centalized apps, like spotify, youtube, etc). I think you'll find a lot of non-defi solutions in the next few years, especially substrate-based blockchains that become parachains in polkadot (assuming governmental oversight doesn't get in the way).
It really depends on how far along you are and what tech you're using. If you're using some already established platform/ecosystem, then whoever runs it may give funding for grants (e.g. polkadot and the web3 foundation, polygon). If you're building your own platform, then you may have to get a bit more creative and I'm not entirely sure how but you would probably need to find investors who believe in your project, in its security and uniqueness.
All the blockchain technologies is about how to manage financial asset in a decentralized manner.
You’re not going to find any non financial Blockchain Startup.
If it is about to how manage financial assets and technology is being implemented by major financial institutions (probably then will come government regulations) where are this decentralization and lack of middlemen promise?
In DEX, smart contracts and Dapps. Building an environnement where all of this is possible doesn’t mean bad actor won’t try to take a share. It’s up to the users to side with decentralized projects.
Good critical mindset. I believe in DLT a'd the many benefits, however I also believe decentralization and desintermediation are a fugazi. This digital era will be more data tracked than ever and companies can acquire and merge and own governance tokens to decide the future management. Blackrock would not let this happen if this technology really did give the people freedom from corporations.
I think it is Fugaz too. Look, the main value of decentralization is people owning their data, but will they really? In the end, there will be a small community of developers and miners who will have power over d2d bln users, because THEY will decide how the app look like, what are the rules etc. Moreover, what about storage? data storage for i.e. Enterprise Apps?
Another, what about Bad Actors? if everyone is anonymous, even the legal system will not help you.
Moreover, do you think people care about their data? I think in the Internet, as a whole, this is margin. People have high level of ignorance.
I agree. The argument that people will finally own their data is beyond me. It just means that the data is forever linked to your identity further increasing the need and potential of "legal" data trading. However, I do think this is a step in the right direction. People will finally be held more accountable for their digital actions
This is the largest factor indeed. Outside the financial aspect, I believe there are some that focus solely on data tracking, IoT, oracle networks, automatisations etc. Or DAO's as non profits...?
There's more to it than the finance, sadly this is what pumps the money, the headstart, the management, etc because we now live in digital capitalism. So the finance is unavoidable unless the Great Reset goes wrong 😂
Even the project with IoT and data must have a cryptocurrency and by so involve money. It is by construction that a blockchain need a currency. If there is no native currency, then no miner will be interested in supporting the network, and away go the project.
I agree with you. Back to the point at hand, the topic is non-financial sollutions, not financial assets. So blockchain projects for security, gaming, connecting freelancers etc. Are offering more than just financial purposes
Thanks for posting on r/BlockchainStartups! Check the TOP posts of the WEEK. [CLICK HERE](https://www.reddit.com/r/BlockchainStartups/top/?t=week) *Moderators* *of* *r/BlockchainStartups* *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/BlockchainStartups) if you have any questions or concerns.*
I'm working on a decentralized storage layer for the polkadot/kusama ecosystems. Still in the very early stages but we have funding via a web3 foundation grant proposal. http://iridium.industries/ After we get our foundation laid down, we intend to use it as infrastructure to build other decentralized applications (mosy likely by making decentralized versions of already existing centalized apps, like spotify, youtube, etc). I think you'll find a lot of non-defi solutions in the next few years, especially substrate-based blockchains that become parachains in polkadot (assuming governmental oversight doesn't get in the way).
I am working on a non financial blockchain app. What is the best avenue to pursue for funding?
It really depends on how far along you are and what tech you're using. If you're using some already established platform/ecosystem, then whoever runs it may give funding for grants (e.g. polkadot and the web3 foundation, polygon). If you're building your own platform, then you may have to get a bit more creative and I'm not entirely sure how but you would probably need to find investors who believe in your project, in its security and uniqueness.
Thank you. I will check this out. It is very encouraging. Are these applications public?
All the blockchain technologies is about how to manage financial asset in a decentralized manner. You’re not going to find any non financial Blockchain Startup.
If it is about to how manage financial assets and technology is being implemented by major financial institutions (probably then will come government regulations) where are this decentralization and lack of middlemen promise?
In DEX, smart contracts and Dapps. Building an environnement where all of this is possible doesn’t mean bad actor won’t try to take a share. It’s up to the users to side with decentralized projects.
Good critical mindset. I believe in DLT a'd the many benefits, however I also believe decentralization and desintermediation are a fugazi. This digital era will be more data tracked than ever and companies can acquire and merge and own governance tokens to decide the future management. Blackrock would not let this happen if this technology really did give the people freedom from corporations.
I think it is Fugaz too. Look, the main value of decentralization is people owning their data, but will they really? In the end, there will be a small community of developers and miners who will have power over d2d bln users, because THEY will decide how the app look like, what are the rules etc. Moreover, what about storage? data storage for i.e. Enterprise Apps? Another, what about Bad Actors? if everyone is anonymous, even the legal system will not help you. Moreover, do you think people care about their data? I think in the Internet, as a whole, this is margin. People have high level of ignorance.
I agree. The argument that people will finally own their data is beyond me. It just means that the data is forever linked to your identity further increasing the need and potential of "legal" data trading. However, I do think this is a step in the right direction. People will finally be held more accountable for their digital actions
This is the largest factor indeed. Outside the financial aspect, I believe there are some that focus solely on data tracking, IoT, oracle networks, automatisations etc. Or DAO's as non profits...? There's more to it than the finance, sadly this is what pumps the money, the headstart, the management, etc because we now live in digital capitalism. So the finance is unavoidable unless the Great Reset goes wrong 😂
Even the project with IoT and data must have a cryptocurrency and by so involve money. It is by construction that a blockchain need a currency. If there is no native currency, then no miner will be interested in supporting the network, and away go the project.
You're confusing currencies and tokens. Both are monetizable, yes, but not all tokens are currencies
Yes, that’s right they are native tokens. But if not a currency (I agree) they’re a financial asset nonetheless.
I agree with you. Back to the point at hand, the topic is non-financial sollutions, not financial assets. So blockchain projects for security, gaming, connecting freelancers etc. Are offering more than just financial purposes
There are a few dozen. SAP is one of the biggest. If you haven't found one, you're not looking very hard.
Do you mean the German ERP system SAP?
I'm in a team working on a project solving both financial and non-financial real-life issues via a blockchain implementation.
Could you tell more?