Nectar Protocol

Moloch Rises
#1

Project Title

Nectar Protocol

Description

Nectar is the fast, private, and HIPAA compliant infrastructure for healthcare’s web3 future. Nectar brings together zk-rollups and HIPAA compliant nodes to create a data rich environment for healthcare, globally.

Manifesto/Vision

The future of healthcare is not bound by geographical boundaries; it blurs the line between reality and digital; it is more effective and less expensive; it is data rich.

The future of healthcare runs on Nectar.

In 2014, the Living Heart Project kicked off, debuting the first simulated real-life heart. The research, led by Dassault Systèmes, has brought together leading physicians, researchers, educators, medical device developers, regulatory agencies, and practicing cardiologists from across the world to develop personalized digital heart models. The project just received additional federal funding, expanding the scope to virtual patients and computational modeling.

In 2017, an article in The Journal of Arthroplasty found that personalized knee replacement devices had far better outcomes at no additional cost than “out of the box” knee replacement devices.

In 2018, a study was published in Acta Orthopaedica about a December 2017 shoulder replacement surgery on an 80-year old woman with advanced arthritis. This surgery was guided by Microsoft’s HoloLens, which personalized guided steps for the surgery based on the patient’s medical history and operating technique which were accessible and visible in real time via the HoloLens: “the surgeon was able to compare, stage by stage, what he was doing with what had to be done” for the surgery.

In 2019, a surgeon in China successfully completed a liver removal of a lab animal over a 5G internet connection. The surgeon was at a different location 30 miles away.

In 2020, because of the COVID-19 Pandemic, clinicians in the United States were allowed to practice telemedicine across state borders without concern for their State Licensure. In 2021, the Center for Care Innovations presented a host of evidence that, for many clinical applications, telemedicine was just as if not more effective than in-person care.

In 2021, the opportunity of in silico trials promises better, faster, and cheaper clinical trials by assessing potential drug and therapy impact via computer simulation and large datasets.

“The living heart (brain and lung) projects could go a lot farther with more data. It’s been really hard for us to access the data we need for the project,” S.Kreuzer, consultant on The Living Heart, Brain and Lung projects for Dassault Systèmes in discussion with Kat.

The innovations we’ve seen in healthcare are exciting, but deprived and restricted due to limitations in data access. To bring these innovations to scale, data access is crucial, but so is protecting the individual’s rights to their data.

The future of healthcare becomes a global reality through access to robust data that is owned and governed by the individuals and institutions that created it.

Once a secure, global data web exists, innovation is limitless.

Problem

There are more than 82 million daily transactions in healthcare:

  • Needs to be Fast: Web3 cannot be slower than current healthcare infrastructure

Healthcare data is sensitive and personal:

  • Needs to be Private: The majority of healthcare related smart contracts and transactions cannot be public (nor do patients, specifically, want their data to be public)

Healthcare providers are required to follow strict rules for the transport and storage of patient data:

  • Needs to be HIPAA Compliant: Healthcare providers cannot be excluded from web3’s healthcare future

Solution

Nectar is a publicly accessible, highly scalable, privacy preserving, compliant network that creates a data rich environment for healthcare’s web3.

Product Features

We are building on existing zk-rollup infrastructure (zkSync), because recreating the wheel is a waste of time. You can read about zkSync here, so we will not be re-covering that material.

Specific to Nectar: Despite the healthcare industry’s history of experimenting on private blockchains to date, Nectar is intentionally secured by Ethereum. Public blockchains, such as Ethereum, provide stronger security, immutability, transparency, lower costs, and the ability to interoperate with other applications compared to private blockchains. Rollups can offer the privacy and security required for the entire healthcare industry from patients to the enterprise, while offering the additional benefit of public blockchains.

In order for healthcare to reap the benefits of a public blockchain, the technology must be safe to use and regulatory compliant, which means adhering to existing data privacy and security regulations. In addition to keeping transactions off L1, Nectar accomplishes compliance in two additional ways:

  • Privacy Preserving Contracts
  • Authorized Nodes

The private nature of Nectar comes from the zk-rollup infrastructure and permissions for smart contracts. To regulate access to data contained in smart contracts we are adding permissions such that contracts can be made private, with access only permitted for pre-specified accounts. Before a user can access a smart contract they will have to prove they are authorized to do so. This change means that composability between contracts can be restricted as needed. It also means that the global state of Nectar’s smart contracts are private, and discreetly revealed as needed, for those authorized to see it.

The focus on privacy preservation is what makes Nectar accessible to the enterprises that are leading web3 innovation as well as individuals whose data is seeding the future of web3.

Authorized Nodes, called Data Service Providers (DSPs), are required to be HIPAA compliant, maintaining certain policies for safe storage and transfer of highly sensitive, healthcare data. HIPAA was chosen as the first regulatory requirement in Nectar because it is the most well known, widely used healthcare data security regulation globally.

DSPs are authorized to join the network after an authorization and audit, carried out by DSP Authorizers and DSP Auditors. To maintain compliance, DSPs participate in regular audits of HIPAA compliance: passed audits enable DSPs to remain in the network; failed audits kick DSPs out of the network. To discourage fraudulent approvals: DSPs, DSP Authorizers, and DSP Auditors are in a risk-based model with shared revenue and shared data security breach penalties.

HIPAA compliant DSPs create the distributed data storage infrastructure of Nectar. Private data analytics is a promising, efficient web3 technology and can have a significant impact on cost savings for healthcare. While individuals and small businesses are likely to adopt distributed data storage before enterprise, the potential for better security, lower cost, and new revenue streams for enterprises will be quite enticing rather than simply shifting an on-prem server to a cloud-based or hybrid cloud system.

Nectar’s unique combination of roll up technology, focus on privacy preservation, and HIPAA compliance creates the needed foundation for the Web3 future of healthcare.

Validation

Nectar is being built by Tamarin, which was founded in 2017. Tamarin has received more than $1.2M over 2 phases of highly competitive, federal grant funding from the National Science Foundation (NSF) for their blockchain in healthcare work.

We publicly debuted Nectar with Gitcoin’s Grants 11 Round (September). Nearly 300 individuals have donated to our Gitcoin Grant; we continue to receive (small) contributions almost daily.

And, as we are growing our social interaction, we’re receiving great feedback.

“Glad I ran across your account! - I’ve been looking in the space” twitter DM

"Looking forward to learning more about how web3 can benefit the healthcare industry” twitter DM

“Excellent article. Sounds like you are solving some incredibly complex but very important problems :clap::clap:”

In response to Nectar having a team that comes from healthcare: “My sister is a nurse (actually, a nurse unit manager of a large midwifery department) who is trying to break into health tech. She is finding it very difficult in Australia - the industry does not seem to think they need clinical experience to design solutions. So in short, I completely appreciate why what you are doing is going to be more impactful.” SGW, WITCHES DAO

Progress

We officially transitioned our development from a HIPAA-compliant L1 to HIPAA-compliant L2 development in October (because of astronomical gas fees and congestion; plus, rollups remain highly effective in Eth2). Since then we have completed thorough code reviews on existing rollup technologies to confirm our differentiation, and to identify which open source codebase fits our privacy-preserving and HIPAA compliant goals. We reviewed Optimism, Arbitrum, Starkware, Polygon SDK and Hermez, Tornado Cash, Loopring, Aztech, and zkSync and zkPorter (minimal code released so far). From this thorough code review, we landed on zkSync for the zk-Rollup base.

zkSync is a good starting point, but likely will not be complete for our baseline needs. It seems that zkPorter brings us a little closer, but it is not clear yet when zkPorter will be released. So, we’ve designed our development plan for 2 scenarios: zkPorter is not released anytime soon; zkPorter is released earlier than expected. If zkP is not released anytime soon: we will start with engineering the HIPAA compliant decentralized storage (most likely path); if zkP is released earlier than we anticipate, we will move forward with assessing zkP privacy weaknesses and design solutions as required for healthcare, specifically permissioning smart contracts. We will eventually include both HIPAA compliant decentralized storage and permissioned smart contracts, but the order in which we develop them is flexible.

Differentiation (from other projects)

  • Privacy Preservation + Permissioned Smart Contracts
  • HIPAA Compliant Decentralized storage that is connected to private smart contract infrastructure
  • Extensible beyond HIPAA and healthcare:
    • GDPR
    • California, Virginia, Colorado state-based consumer data privacy laws
    • Patient Data Protection Act (Germany)
    • Etc.

By 2023, 65% of the world’s population will fall under consumer data privacy protection regulations. Because of the unique infrastructure and requirements, DSPs can implement any additional data security and consumer data privacy policies they want, such as offering geographically compliant databases re GDPR. This increases their service offerings and thus, revenue. DSP Authorizers and DSP Auditors would verify compliance, and would still participate in a risk-based revenue-penalty share model.

Team

Tamarin is led by Kat Kuzmeskas, MPH who is a former hospital administrator at Yale New Haven Health and holds a masters in public health. One of the main roles of Kat’s position at Yale was to analyze data to grow the market share of the health system. Specifically: analyzing data that the health system spent north of $1M for annually. This data was purchased from LexisNexis, which purchases de-identified electronic health record data from health insurance companies, aggregates it, and sells it back to healthcare entities such as hospitals. The lasting impression of working at one of the world’s top healthcare institutions is that incentives in healthcare are completely misaligned. Globally we focus on sick-care, not well-care, and data does not move because it is an asset with high value. Since 2017, when she founded the company, she and her team have been working to flip the incentives in healthcare and make data more accessible.

David Akers is our lead blockchain engineer, joining Tamarin fall 2017, and has worked in emerging tech for over 20 years. Prior to joining the company, he was researching and developing smart contract primitives, composability, and amorphism. He is a strong advocate for web3 and holds us accountable to creating infrastructure that enables a more patient-led, patient-focused, patient-owned health network.

Jayshaline Shethna, MHA is our director of operations and is a dentist by training. She holds a masters in healthcare administration and has volunteered her time and expertise for a variety of public health efforts including more than 30 dental camps to spread awareness for tobacco’s cancerous consequences in the industrial workforce in India. Jayshaline started as an intern for Tamarin in fall 2017 and because of her drive and unparalleled effectiveness, she has moved swiftly up.

Saad Shaikh, MHIT is our newest team member, joining in spring 2021, and is also a blockchain engineer. Saad holds a masters in healthcare information technology and is also a dentist by training. He switched to engineering because of the larger impact he could have on healthcare through software development.

Grant Request $

$367,500

What the Funds Are For

100% of our current NSF funds cover our 2 blockchain engineers, and we have ~10% salary coverage for an additional engineer remaining in our budget. The $367,500 would allow us to expand our team, adding at least 1 Full-stack developer and 1 smart contract developer, with one of the two highly skilled in leadership and project management.

And: Your grant funding could be multiplied for us through the National Science Foundation matching funds program.

The new team members’ high-level focus would be the following:

  • Implement Nectar in Rust, using the ZKSync codebase
  • Update and develop the roll-up and related smart contracts to support decentralized file sharing
  • As an expert on ZKP, create modifications to verify circuits to include file sharing smart contract
  • Transition project-lead from David; creating and updating plans and progress reports; serving as the lead on hiring and interviewing additional team members

Help Requested

We would appreciate introductions to high-quality devs that you believe would be a great fit for our team.

We are also running an NFT art auction + competition for our first app on Nectar (https://shyro.health) and would appreciate introductions to NFT artists.

Additional Resources, Links, Portfolio


https://twitter.com/NectarProtocol

LinkedIns:

Kat: https://linkedin.com/in/katherinekuzmeskas
David: https://www.linkedin.com/in/davidmichaelakers/
Jayshaline: https://www.linkedin.com/in/jayshaline/
Saad: https://www.linkedin.com/in/saadshaikh18/

1 Like
#2

This seems like too much money, with an unclear/uncertain end result.

It seems plausible that there are multiple uses for this technology, but I see no indication that anybody knows exactly what they are and whether there really is product-market fit, and how/whether anyone will actually use it. The connection to healthcare seems handwavy.

Healthcare is notoriously slow to adopt new technology and difficult to crack. There may be easier markets to start with.

Is there a business model here? If so, this should be easily fundable by VCs.

Use of funds is not detailed.

1 Like
#3

Moloch Response:

Thanks for the feedback and questions!

You mentioned product market fit: We are early in our journey of creating this infrastructure for healthcare, and are bullish on the opportunity based on our careers in healthcare tech.

So, if your team doesn’t fund early projects, then please just let me know!

Also, yes, there is a business model – so, if you don’t fund projects with a business model, please also let me know. (See “Business Model” paragraph below.)

Timeline:

The full development of Nectar and its features span across 18 months.

But this grant specifically, will help fund the development of the HIPAA compliant decentralized data storage provider framework of Nectar.

Nectar Decentralized Data Storage Providers (DSSP) is a network of HIPAA compliant decentralized data storage providers (DSSP); that together provide the Nectar network smart-contract enabled decentralized data storage services.

  • Develop Nectar decentralized data storage client, that uses authorizer whitelist to safeguard data replication, and creates and manages data storage smart contracts.

  • Develop smart-contact Enabled API Router to route API traffic to DSSP based on authorizer whitelist.

Nectar DSSPs are governed by a set of smart-contracts that that provide the on-chain functionality related to the off-chain data storage. Including:

  • Develop DSP Authorizer Contract

    • DSP Authorizor, to be able to participate as a Nectar DSSP an entity will need to be verified, complete a BAA, and register with Nectar. Nectar will use the Authorizor contract to authorize and deauthorize valid nodes, giving them access to the network, and the ability to use the DSP contracts. Part of this is completing a security audit with a third-party firm. Future versions of the approval process includes risk-sharing for auditor and DSSP.

  • Develop Data Storage Factory Contract

    • Data Storage Factory, a set of smart contracts, accessed by the DSSP, that will create discreet data storage contracts as needed, so that the DSSP can authenticate/approve data access requests.

  • Develop Standard Data Storage Contract

    • Standard Data Storage Contract (DSC) DSC is a smart contract that defines meta data about file or resource, defines ownership, and access rights, and points towards resource stored on the Nectar Decentralized Storage. This data storage contract should be able to return meta data about the file, to another smart contract, using a standardized set of interface methods.

Connection to Healthcare:

Given the homogeneity in the crypto space, it may be difficult to see that the healthcare industry needs transformation the same way TradFi does.

Most of us in the crypto space have luckily not had issues with the healthcare system, or aren’t aware of the potential upside for healthcare reform (even something small like staking data).

Crypto is white, male and healthy (we have extra cash to invest in highly speculative assets: there’s a correlation of health and wealth).

Yet healthcare is plagued by the same issues that are driving folks into web3:

  1. Denial of services: the US health system has a history of denying access to care, especially for folks that are not white and wealthy; and, globally, denial of health services based on sex, race, or other factors is a resounding enough issue that the United Nations has specific declarations to prevent outright denial.

    When I was in 5th grade, I was denied care at 3 different hospitals in Texas. So, while Im white and in the crypto space, Ive dealt with denial of care directly.

  2. Lack of Control Over Data: My department at Yale New Haven Health spent $1 million per year buying de-identified data of patients in 4 states so that we could predict where to put the next physician office building, and we weren’t the only ones. There is no control over your health data. It’s being bought and sold, and folks make millions, sometimes billions, off your data - and you get nothing.

    Yet, just as other industries, the future of healthcare rests on access to patient data. When the patient authorizes access to their data, it breaks down the barriers mentioned in the above article.

  3. Negative consequences from monopolistic control: Folks quote GAFA as monopolies of concern, but often overlooked is the impact monopolies have in healthcare. Hospital monopolies have not improved care. Instead, they have increased the cost of healthcare. This cost impact is seen across the industry. Monopolies in other areas of global health, such as pharmaceuticals, have also impacted delivery of care.

  4. Misaligned incentives: Healthcare, globally, is a fee-for-service business. Meaning, physicians, hospitals, pharmaceutical companies get paid based on how much service they provide.

    This means that it is more lucrative to offer sick-care than prevention.

    Nectar provides the foundation to flip this incentive. Global policies have tried to address misaligned incentives, but are slow (as policy is). Refocusing on a DAO-like infrastructure in healthcare realigns incentives for the industry.

While we - alone - cannot fix healthcare, we can build the infrastructure that CAN flip incentives, get patients involved, and drive more innovation than we can imagine.

Mark Cuban gets it :slight_smile:

Nectar provides the healthcare-safe foundation to create a federation of DAOs (like Mondragon in Spain) with a data layer as its base. We are building the healthcare-safe foundation (HIPAA compliant rollup and decentralized data storage) and the data layer (Shyro Health).

How to crack healthcare:

Cracking healthcare is the same as cracking the equally stodgy, slow, bureaucratic TradFi industry: onboarding the individual.

Digitalization, access to health information and structural demand are set to further drive the consumer health market.

$5B of funding from Q1 - Q3 in 2021 went toward rapidly growing, high traction consumer-focused health technology companies. Consumers want better health, and are seeking out a better experience.

While Nectar is infrastructure that anyone can build on for consumer or enterprise customers, Shyro, healthcare’s first dataDAO, enables the individual to connect, stake, and earn for your healthcare data.

Shyro will launch the wearable device data feature for members globally, using Human API’s tools for 300+ devices; and the medical data feature (ie: data from doctor’s visits, surgeries, etc) for US members first thanks to the 21st Century Cures Act, a Federal law that requires hospitals, electronic medical record companies to provide a standardized API for access to your data that you then put in an App (Shyro) of your choice.

Multiple Use Cases, but Not Clear What they Are:

The global digital health market is estimated to be $220B by 2026, global healthcare market is $78B, and $5B has already been invested in Consumer Health. With the global call to realign incentives in healthcare, and the overwhelming shift to consumer healthcare, the opportunities for how to leverage Nectar are limitless.

For example, we envision a Federation of DAOs using Nectar as the foundation.

Starting with Shyro, other DAOs can leverage Shyro (dataDAO), enabling data interoperability that does not yet exist in healthcare.

Other DAOs that can exist in the federation:

  • Insurance DAO

    • Ex: A DAO where members benefit by the overall health of the group members. This healthy insurance cohort pays less in insurance costs
    • Ex: A DAO for staking and lending for healthcare loans covering potential costs for high-risk patients such as women with the BRCA gene, which nearly guarantees a Breast Cancer diagnosis
    • Mark Cuban likes it :slight_smile:

  • Identity DAO

    • One identity, not multiple forms each time you go to the doctor. Identity includes important details including Health Proxy details (ie what to do if you become incapacitated), Will details, Custodians of your assets (including your data), and end lock transactions for assets based on health events

  • Clinical Trials DAO

    • Ex: enable in silico clinical trials for faster, less expensive clinical trial insights

  • Medical Device DAO

    • Ex: % revenue for medical device companies are based on outcomes: patients are healthy = bonus; adverse events = medical device companies penalized

  • AI/Analytics DAO

    • Ex: dev creates a healthcare algo and gets paid every time it is used
    • Ex: access control for advanced computing such as Trusted Execution Environments (hospitals are already playing with this idea as a new revenue stream)

  • Supply Chain DAO

    • Ex: better, faster access to supply chain details for things such as: recalls, adverse outcomes, and identify ways to streamline supply chain.

  • Global/Virtual Health DAO

    • Ex: Clinicians from anywhere in the world can create care “Cohorts” to take care of patients. Surgery can be done from remote locations (already successfully demonstrated in China), remote devices monitor patients when they return home, clinicians earn based on the overall health and improvement of patients.

Business Model: Yes, there is a business model: just as other L2s such as zkSync, Optimism (50%), and Arbitrum (15%) charge network fees, Nectar will also charge network fees for transactions in the L2 environment.

#4

this is not an appropriate proposal for moloch to consider for funding

#5

Okay, thank you for the opportunity to apply!

#6

Some sections of this proposal and follow-up resonate deeply!

Unfortuantely, I am not technically proficient enough to be able to scrutinize the details of the scope outlined here in relation to the very high ask of $367k. However, to the extent that I understand the major ideological points of the project, I believe this is precisely the kind of push towards interfacing with tired legacy systems and expanding digital public goods (like Ethereum) towards meatspace public goods that MolochDAO should be keenly sensitive to! @MolochDAO members - Can we get some more eyes on this to keep the conversation going and not close it down too abruptly? I will try to stir the pot internally. Thank you for the food for thought! 🥲

1 Like
#8

Sounds good! Available to answer other questions as they arise!

#9

Hi! It seems that the original $367k ask is a lot to ask, which is totally okay!

I’ve created an alternative proposal for your consideration. Please reply back with any questions!

Art Auction

Moloch DAO & Tamarin Co-Sponsor

Funds Requested: $15,000

Tamarin will curate and auction a collection of 2,000 NFTs from artists across the world.

theme: Health is wealth

This collection of art should warrant a provocative discussion about health, from its miracles to its ugly truth. This collection intentionally juxtaposes the awe of modern medicine and science; heroic and brilliant caregivers; inspiring wellness journeys; against the fallacies of the pharmaceutical industry; mental health crises; crumbling or overpriced infrastructure with poor outcomes; denial of care; and loss of life. Modern medicine and health have come a long way over centuries, but it isn’t perfect. This collection aims to shed light on where we’ve come, the loss experienced along the way, and the bright future ahead. Proceeds from this auction will benefit the development of Shyro: healthcare’s first DAO. A portion of the proceeds will go directly to the artists, and all royalties for future sales on NFTs in this collection will go directly to the artist.

Example:

The Earth is our medicine

“Confiamos en las plantas para curarnos”
We trust in the plants to heal us.

A leader of the indigenous Shuar Tribe of Ecuador’s Amazon rainforest describes how the hunter-gatherer tribe relies on Mother Earth to heal them.

You would be skeptical of modern medicine, too, if you saved fiat for months to cover the cost of surgery, and the physician operated on the wrong leg. An operation on the correct leg? Additional cost, and more months of savings.
This is a true story shared by the Shuar Leader with our founder, Kat Kuzmeskas, MPH during her month-long, Spanish-speaking clinical rotations in the Amazon rainforest.

The Shuar are a true hunter-gatherer community and do not have a monetary system. Instead, to cover “modern” costs such as necessary surgeries, the tribe relies on its Spanish-speaking members to creatively earn USD (official currency in Ecuador). How? They focus on educating travelers about their culture. Kat stayed with the Shuar tribe for a weekend; living just as they did - including eating fish, rice, and frog legs for breakfast!

The Shuar tribe are 40,000 strong, have been indigenous to the Amazon rainforest for centuries, and were among the first people to establish an indigenous organization. Their experience with modern medicine - the wrong surgery, and requiring additional cost - is heartbreaking, but all too common.

We often take our access to healthcare for granted, especially those with government-sponsored health insurance. For the Shuar, it’s easier and safer for them to trust the centuries of learnings they have gained from their ancestors on using the Earth to heal. But sometimes, they require access to modern medicine, and they deserve an exceptional experience.

​​We have quite the bold (costly) vision for Shyro, which is the first application to commercialize Nectar, healthcare’s fast, private, and HIPAA compliant distributed ledger infrastructure.

As such, our use of funds will be to amplify the $15,000 requested. Specifically, we aim to use the funds for an NFT-based competition and auction to raise awareness around the challenges and opportunities of our health system globally, and to seed the development of Shyro.

$5,000 will serve as an award pool, and the other $10,000 will cover the operational costs of generating the NFT competition infrastructure. If there are funds left over from the operational costs of setting up the competition, they will be added to the award pool.

Art Auction and Contest:

The purpose of the contest and donations are to raise awareness around the challenges and opportunities of our health system globally and to seed the development of Shyro.

We will create 2,000 1:1 NFTs from submitted artwork (digital, physical art including written art such as poems and music) of artists across the globe. The theme of the art must be health focused. Ideas can include health and wellness; patient journeys and stories; real encounters with how terrible the United States healthcare system is; art that reveals the burden of healthcare costs; aspirational images or prose for what a patient-led health system could look like. We encourage artists to do what they do best: creative expression.

Artists can compete for the top awards by entering their art into the categories, will earn 15% of the NFT sale price, will receive all the royalties for any future sales of their art, and will be airdropped a year-long membership for Shyro.

Award Pool:

We will create 4 prizes for categories, supporting underrepresented artists ($1,250 per category).

Most Moving Art Piece:

  1. Overall

  2. By a Female or Non-Binary Artist

  3. By a Person of Color Artist

  4. By a Young Artist

(We would be honored if the Moloch DAO team could help us with voting on the category winners.)

Operational Costs (~$10,000):
Any unused Operational Costs will go to the award pool

Setting up the platform ($0 - $2,500): Mintbase is the best platform for our specific use case because we will be splitting earnings and turning over royalties to the artist. Mintbase also has a Stripe integration, which allows us to attain another one of our goals: reaching non-crypto natives.

We anticipate that there will be additional, temporary help required in addition to our existing 2 blockchain devs, which is why we are ear-marking a portion of the requested funds for setting up the platform.

Terms and Conditions ($500 - 2,500): Our art auction is similar to running a Kickstarter, of which there are specific parameters we must follow as a company. As such, we will work with our lawyers to create the terms and conditions of both the competition and the donation process. Private companies can take donations, and we want our intention to be clear that the intent of the art auction is to elevate NFT artists and serve as a Kickstarter-like donation for the development of Shyro.

#10

I don’t have time to properly review this proposal and will be voting No based on @0x965fdb32e3fcdc6dc3 and @trent.eth’s feedback.

#11

Thank you for the detailed reply. However, I agree with Trent that this is out of scope, and it is too early/speculative for Moloch. I do see some potential value in the technology, so I hope you are able to develop it.