[{"name":"json","type":"string","signature":"string json","value":{"name":"json","type":"string","value":"{\"proposalURL\":\"https://explorer.gitcoin.co/#/round/10/57/41\",\"title\":\"Token Engineering the Superchain\",\"description\":\"\",\"payoutAddress\":\"0x0bc89f54635167647aB0aa74d298fD3E6Dc83f4F\",\"programId\":\"57_10\",\"questions\":[{\"type\":\"paragraph\",\"query\":\"Vision Statement and Impact: Describe the long-term vision of your project and its intended impact on the Optimism and broader Superchain ecosystem, including both qualitative and quantitative benefits\",\"explanation\":\"The long-term vision of Inverter Network is to democratize and transform the token economy landscape by enabling dynamic, programmable, and sustainable token issuance and management. We aim to build a comprehensive token programmability stack with a modular infrastructure that supports diverse applications and economies on blockchain networks, specifically targeting ecosystems like Optimism and the broader Superchain.\\n\\nWe have chosen Optimism as our launch chain due to its scalability and developer-friendly environment. Currently, there are five early adopter projects that will be utilizing Optimism through Inverter, each focusing on innovative and impactful use cases within Web3, particularly in developing countries. Importantly, we have not yet initiated any marketing efforts, demonstrating organic interest and potential for growth.\\n\\nThe applications built on Inverter are designed to address emerging and frontier use cases, continuously improving and upgrading our modules for novel scenarios. As these projects operate on Optimism, each development enhances the OP Stack's quality and contributes to building a dedicated community of builders. This community engagement not only supports the OP Stack but also encourages participation in RFPG initiatives, potentially leading to the design of strategic systems to introduce funding initiatives that incentivize their communities.\\n\\nInverter Network's ultimate goal is to provide tools that facilitate the creation and management of advanced token economies without requiring extensive technical expertise. By lowering the barriers to entry, we aim to foster innovation across various sectors. Our vision is to create a future where decentralized economic systems are accessible, efficient, and resilient, empowering communities to design and implement their economic policies and systems.\\n\\n\\nQualitative Benefits:\\n\\nInclusivity: Empowering communities, especially in developing countries, to design, participate, and benefit from blockchain powered economies.\\n\\nInnovation: Providing a platform for innovative use cases that provides an open design space for  token economies.\\n\\nCommunity Engagement: Building a community of builders and users who contribute to and benefit from a common library of composable token mechanisms.\\n\\n\\nQuantitative Benefits:\\n\\nCost Savings: Reducing the need for extensive technical expertise and development resources, lowering operational costs.\\n\\nSustainability: Enhancing the scalability of token economies through dynamic and programmable issuance mechanisms.\\n\\nTreasury Growth: Enabling sustained treasury growth and financial stability for projects through optimized token issuance and value capture​​​​.\\n\"},{\"type\":\"paragraph\",\"query\":\"Initial Strategy: Outline a high-level strategy for how you will achieve your intended impact and key goals for the next 3-6 months\",\"explanation\":\"To achieve our goals and impact on the Optimism and broader Superchain ecosystem, Inverter Network will focus on these actions over the next 3-6 months:\\n\\n1. Enhance the PIM Stack:\\n- Finalize the development and testing of the PIM stack's dynamic token issuance, algorithmic pricing, and arbitrage mechanisms.\\n- Ensure the no-code deployment panel is user-friendly and intuitive.\\n- Conduct thorough security audits.\\n\\n2. Build Partnerships:\\n- Ensure full compatibility with Optimism's ecosystem.\\n- Partner with at least five DeFi projects to drive early adoption.\\n\\n3. Engage the Community and Launch Pilot Projects:\\n- Provide comprehensive documentations and learning tracks\\n- Onboard at least 20 developers through grants, hackathons, and support programs.\\n- Deploy and support 3-5 pilot projects using the PIM stack.\\n- Improve the platform based on feedback from pilot projects.\\n\\nKey Goals:\\n1. Deploy a minimum of 20 open-source smart contract modules on Inverter Network with Optimism as the operational chain.\\n2. Deploy at least five applications on Inverter Network with Optimism as their operational chain.\\n3. Enable the issuance of at least three new token economies on Optimism.\\n\\n\"},{\"type\":\"paragraph\",\"query\":\"Team Expertise: Provide a brief summary on the team’s background and relevant expertise in token engineering and/or OP\",\"explanation\":\"We have dedicated co-founders and engineers with a history of hard work and an established network with meaningful connections. Over the years, we've faced challenges head-on and have built trust within the industries we have participated in, from international NGOs to food technologies, from payment processors to DeFi protocols.\\n\\nAlp Ergin (CEO): Alp began his journey in Web3 by building a Web2.5 solution using the IBM Trust Chain for supply chain management. He has contributed to the EU Horizon Grants program and advised organizations collaborating with the UN in developing regions. Alp has also supported DAO formation and operations, and ecosystem design for decentralized and distributed ownership economies.\\n\\nMarvin Kruse (CTO): Marvin is a protocol architect with over five years of experience in the Ethereum space and 12 years in software development. He has a strong background in security and auditing, having advised and audited numerous projects on architecture, security, and development processes.\\n\\nAtaberk Casur (COO): Ataberk has worked as a researcher and mechanism designer in collaboration with Curve Labs and BlockScience. He has been involved in various projects implementing on-chain systems beyond DeFi, such as Prime, Token Engineering Commons, Sphere, and Toucan. He led the R&D for the first programmable escrow contract for DAO2DAO coordination.\\n\\nPablo Carra (Protocol Lead): Pablo is our R&D lead and smart contract developer with a background in computer science. He has been involved in Web3 projects for the past three years, including contributions to the Token Engineering Commons and Praise.\\n\"},{\"type\":\"paragraph\",\"query\":\"Existing Work: Provide evidence of any existing work, such as prototypes, research papers, or previous projects. If you have already done work within OP/ Superchain, please include that here too\",\"explanation\":\"Prototypes and Existing Projects:\\n\\n1. Open-Source Modules: \\n- We have built and open-sourced the initial set of Inverter smart contract modules, which are available for the community to use and build upon. These modules cover various aspects of token engineering, dynamic issuance and Primary Issuance Markets, and programmable distribution.\\n\\n2. Primary Issuance Markets (PIM) Stack:\\n- We have developed the v.1 PIM stack, which includes dynamic token issuance, algorithmic pricing, and arbitrage mechanisms. \\n\\n3. Control Room: \\n- Our Control Room is a no-code deployment panel that enables users to easily configure and deploy smart contracts without requiring extensive technical knowledge. This tool is designed to streamline the process of creating and managing token economies.\\n\\n\\nWork within Optimism / Superchain:\\n\\n1. Optimism Builders Grant:\\n- We received the Optimism Builders Grant in Season 5, which has enabled us to further develop our PIM stack and Control Room.\\n- We are set to launch on the Optimism mainnet in August with the initial set of applications launching their token economy on top of Inverter, marking a significant milestone in our development and integration with the Optimism ecosystem.\\n\\n\\n\"},{\"type\":\"paragraph\",\"query\":\"Returning grantees: If your project has received prior funding from the Token Engineering Grants Program, please describe the impact that funding has had on the project\",\"explanation\":\"We have received grant funding from the TEC in the early days of Inverter to research and formulate the initial protocol architecture.\\n\"}],\"type\":\"grant-details\"}"}}]