Peranto: Empowering Legal Compliance and Digital Identity with KILT and Polkadot in LATAM
Work Funding Period: 8 months
Amount requested: 100k USDC
This proposal outlines the development of Peranto, the first Latam-focused decentralized application (dApp) for digital identity and legal compliance, built on KILT and Polkadot. Submitted to the Polkadot Treasury, the project seeks $100,000 USD in funding to build an MVP over eight months, targeting legal professionals and expanding digital identity solutions across Latin America. The proposal details the product's potential to disrupt traditional markets, partnerships with legal associations, and strategic plans to bring Web3 solutions to enterprises, governments, and users.
Why this proposal can be successful?
Once the product is ready for market, the product will be used by at least 200 lawyers focused on civil and digital rights across Latam, it will be used by the International Telecommunication Union, and an specialized fintech university with high rank students from many industries and companies.
Why is not built right now?
The KILT SDK has upgraded, and after 9 months of raising capital without success there's something called the "Valley of Death", despite having once a PoC and a working product, a startup needs money to keep going.
Why not apply for W3F grants? There are no grants, and the grants were focused on infrastructure and chains, out of Peranto CGo scope.
Why not apply to KILT?
https://kilt.polkassembly.network/post/231 I did it, they can't afford it, so the value of the token will go down.
Why not VCs? They don't care about web3 stuff, remember the NFT summer of 2021? Well, a lot of them don't want to be reminded of it or know nothing about web3, so they don't care.
Why the treasury? If the Polkadot community can't see the benefits of creating dApps for the ecosystem and bring use cases, well, Polkadot is doomed to be misunderstood and to go through the Valley of Death.
Read the full proposal here:
https://docs.google.com/document/d/1e7Mn2gDu3CDak9HFi_isOc5YKsGMwR4vqB552iGkwJU/edit?usp=sharing
Telegram: J3rga
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How do you plan to drive adoption for your dapp? And please define me at least 2 KPIs to track success to see the ROI.
@Pieky Currently we have 3 strong alliances ADALMEX (more than 2000 active lawyers through LATAM) they want to use digital signatures with blockchain, because it's cheaper and safer. FintechU, a high level academy for fintechs who are willing to explore benefits of digital identity, and the International Telecommunication Union, part from the United Nations.
The first KPI is to onboard 10% of this universe of lawyers, 200 is the goal.
The second KPI is to make it profitable to explore pricing and other industries, because our first approach is a B2C approach, but we all know the money flows with B2B, however, this is a tricky one due to regulations, which we are aware of and working on it with the lawyers.
So 2 KPIs are:
— 200 lawyers from the network
— Succesful pricing exploration for B2B cases.
Thanks for asking.
Please update your proposal description with the basics information so that we can avoid to go through the whole document to get the very basic information.
— Point of contact
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