Ink Finance Overview

INK's Key Objectives

Modulated DAO Setup and Financial Product Factory

INK’s out-of-the-box configuration modules are designed for aspiring financial DAOs to customize their operations and the financial products they offer. The company’s long-term goal is to provide a no-code interface for organizations to seamlessly set up, operate, and iterate, which will allow them to effectively adopt the explosive growth of assets generated by new ecosystems, especially in a very dynamic regulatory environment.

Sybil-Resistant Governance and Cross-chain Reputations

INK Finance aims to be a multi-chain facility that allows any DAO to set itself up once and do business everywhere, with high capital efficiency and low operational overhead. This means that any DAO will be able to establish its cross-chain financial reputation with transparency, competence, and fairness. The validity of each DAO member in a decentralized and cross-chain setting lies at the core of its reputation. INK Finance tackles the challenge of identity verification and Sybil resistance by utilizing the decentralized facilities offered by Aikon and Humanode, respectively. Aikon’s decentralized identity platform enables secure login and control over the users’ data while keeping it private. It can be employed to maintain the connection between a legal identity and its decentralized role across all deployed blockchains. To ensure that a critical member of an INK DAO who is signing an audit or voting on resolutions is the same person who created the account, INK utilizes a cryptobiometric solution developed by Humanode. It allows biometric data to stay private both during computing and storage, sending only ZKP (Zero Knowledge Proofs) to decentralized identity solutions like Aikon to prove that it’s not a hacker trying to use an account. In addition, the Humanode biometric protocol utilizes liveness detection to ensure that any critical role in an INK DAO is assigned to a real human and not another fake account.

Access to Legitimate Fundraising Platforms

Whether it be emerging venture capital managers or syndicates, DAO-governed Web3 protocols, or art auction houses, DAOs have an immediate need to fundraise from investors around the world (including US accredited investors) and subsequently distribute those funds through smart contracts built into the DAO. INK Finance aims to meet this need by integrating with fundraising platforms, including but not limited to companies such as Republic Crypto.

In the future, as the popularity of Regulation Crowdfunding (Reg CF) grows, INK Finance will explore integrations with registered crowdfunding portals in order to host registered token offerings.