Protocol
The principle of our protocol is that the startup's contribution from the investor side occurs through an Escrow smart contract. This contract divides the investment amount into parts and places them on different Multisig wallets that require signatures from investors to unlock funding.
After each condition specified in the three-party agreement between the startup, platform, and investors is met, the project's investors vote within the DAO. If more than half of the positive votes are received, the next stage of funding is released from the Multisig wallet
This way, the startup is funded step by step, allowing the budget to be allocated to specific investor goals without wasting it.
In case the startup development stops or the funds are misused, investors can vote against transferring the next portion of funding
After contributing, an NFT is generated for the investor, which contains metadata about the project, investment amount, token amount, value, vesting, and receiving wallet.
By staking the NFT in the account, the account wallet becomes the recipient of the token distribution.
Any investor can split their NFT into parts through a personal account and sell these NFTs through the platform marketplace, indicating the price.
The split NFT contains metadata about the project, investment amount, token amount, value, and vesting.
The ultimate buyer, by staking the NFT in their account, becomes the recipient of the specified portion of the distribution.
The platform protocol acts as a distributor within the platform and allows funds to be distributed to user wallets tied to their accounts
Thus, the platform is not a holder of funds for investors, while all funds are not transferred to the startup to avoid misuse or project closure.
The funds are placed in a smart contract and protected from withdrawal by any transaction participants or third parties.
The protocol is created on the BNB blockchain and is a "key" to the platform's distribution.
The platform is being developed using a multi-chain approach and will enable distribution through the blockchain on which the startup is launched, and the tokens will be distributed on the required network through the platform's smart contracts.
Developing and implementing the DUMA protocol will enable the platform to create its own contributions for third-party financial companies or startups, as well as opportunities for investors to sell vesting assets at any stage of project development.
In the future, the use of the DUMA protocol can be applied to third-party platforms to implement the contribution, packaging, splitting, and distribution of tokens through NFTs.
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