Frictionless Network

Projects/frictionless-network.md

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+## 🧑‍💻Basic information 
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+- Project Name: Frictionless Network 
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+- Team Name: Frictionless Network 
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+- Payment Address: (ETH) 0x3f5F6C984a6aE1F8836D422d4992fB88225E605D 
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+## 🎯Project Overview 
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+- Overview: 
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+The first real solution for projects & high-ticket investors to get their native assets into the hand of investors without impacting the market price and to unlock development budget in a decentralized fashion, where ownership always remains with the asset holders.  The only decentralized post-launch fundraising option out there. 
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+- Project Details:  
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+The Frictionless-Platform is the one-stop solution for projects, vetted whales and normal investors to unlock the full power of custom native assets and tokenization as the basis for fundraising. It is a place to move assets without impacting the market price and with more flexibility than normal market orders. Users of our platform need not worry about centralization or malicious counterparties as ownership of funds remains with the asset holders and transactions are carried out through custom generated smart contracts.  
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+- Business Model: 
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+Outsourcing of technology  
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+Our tech is a standardized premium feature for projects and companies by integrating our Switching technology as a plug-and-play API that is integrated with their respective front ends. Offers can be created on-site, resulting in secure routing to our core backend.  
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+Liquidity transfer of decentralized exchanges 
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+Every protocol requires a large volume of traffic to be successful. Frictionless achieves this by partnering with decentralized exchanges and liquidity providers. Our platform enables projects to migrate their liquidity pool (LP) from one exchange to another without unlocking periods for LP's and any price impact. 
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+Tools for Market Makers 
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+So far traditional market makers were tackling the problem we aim to solve in a different manner, by strategically controlling the project’s asset prizes they represent to aggregate and govern a treasury for their customers. This drives volume and creates healthy asset order flow. When using our specialized tools Market Makers unlock additional means to guard an asset’s price. 
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+Switch Subscription Model  
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+It is important to state that the default ‘Switch’ will be freely accessible for users of our platform. 
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+Projects and investors can choose between buying or subscribing to different Switch Usage plans to unlock full access to all features on our platform. These include a selection of additional ‘Switches’ to further assist projects and their investors. 
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+DAO Features  
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+To access the platform a minimum dollar value equivalent of our native token needs to be held to un-lock the first of five tiers. The more a wallet holds, the higher the tier and the more tokens can get allocated to offers by Offer-Creators or tokens switched by Contributors. Both sides can partake in our governance system at tier five. 
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+Per-Transaction-Fee-System 
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+Per transaction we will receive 2% fees in the traded assets, users have the option of using our FRIC token to reduce the fee to 1%. 
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+## 👥Team  
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+- Team members:  
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+CEO, Founder: Milan Jandik 
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+COO: Mika Ripp 
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+CTO: Neel Schönewald 
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+CCO (Chief Compliance Officer), Executive Director: Oktay Hocaoglu 
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+CCO (Chief Creative Officer): Gokar Nier 
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+Quality Assurance Engineer: Vincent Barker 
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+Director of Business Development: Achuth Krishna 
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+Business dev: Zachary Cogan 
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+Community Manager: Ian Brown 
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+- Contact: 
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+m.jandik@frictionless-network.com  
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+- Legal Structure: 
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+Frictionless-Network FZCO, Incorporated in Dubai as a DLT service 
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+ Frictionless-Platform: Currently in the process of registering on offshore island. 
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+- Team Profiles & experience: 
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+Core Team 
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+CEO and Founder: Milan Jandik – COO at SEA Foundation (www.sea.earth), recipient of $200,000 Algorand Foundation grant. Building on the Algorand blockchain to decentralize the process of gathering, processing, storing, and distributing environmental data. Built up Frictionless and delivered the idea and outline for the platform whilst building up a cross-industry team of experts and advisors that spans all major blockchains. 
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+www.linkedin.com/in/milan-jandik 
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+Studied film production in Cologne, Germany, with extensive knowledge in post-production, documentary film making and conservation.  
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+Former commercial customers: Coca Cola, Ubisoft, BlueByte, XBOX,  Bundesliga, Supertechno and many more. 
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+Worked together with global conservation organisations  in the African bush or underwater with entities such as: Manta Trust, Olive-Ridley-Project, 5Gyres, Shark Spotters, Shark Safe Barrier, Two Oceans Aquarium and many more.  
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+Accolades: Highlight at Ocean Innovation Africa 2021, Algogrant recipient (SEA Foundation).   
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+COO: Mika Ripp – Studied economics and informatics in Germany before entering Web3 and leading multiple projects in the space. 
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+He helped to coordinate smart contract development for different ecosystems and built-up expertise in nearly all fields of blockchain leadership. Top 3 out of 98 teams in Nearcon 2022 Hackathon  
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+https://www.linkedin.com/in/mika-ripp-97921b24a/ 
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+CCO (Chief Compliance Officer), Executive Director: Oktay Hocaoglu – Former Compliance Officer at Credit Suisse: Extensive expertise in AML, KYC, terror financing and cryptocurrencies. 
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+Now official Crypto Compliance Officer in Zug, Switzerland.  
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+https://www.linkedin.com/in/oktay-hocaoglu/ 
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+CTO: Neel Schönewald – Expertise in both front- and backend, already worked in Web3 as a smart contract engineer and developer of multiple projects. 
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+The autodidact mastermind behind the technology backend. Top 3 out of 98 teams in Nearcon 2022 Hackathon  
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+https://www.linkedin.com/in/neel-sch%C3%B6newald-2341a623b/ 
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+Quality Assurance Engineer: Vincent Barker – Graduated with BSc in Software Engineering and BSc in Video Games Technology, 
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+has been a professional software engineer for 8 years, QA and software development roles at Equifax and Hazid technologies. 
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+https://www.linkedin.com/in/vincent-barker-71025b69/ 
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+Director of Business Development: Achuth Krishna – MSc Strategic Management, Strategy and business. 
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+Ex-Investment associate at Sancta Capital Group, Founder of Octave Advisory, a CV Labs incubated blockchain advisory firm in Dubai. 
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+https://www.linkedin.com/in/achuth-k/ 
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+- Team Code Repos: 
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+https://github.com/denvercitizen9/onlyfunds - Team project with Mika & Neel @Nearcon 
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+(Additional code upon request) 
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+## 🏆Development Roadmap 
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+Overview 
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+- Milestone 1: Alpha version 
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+  - Estimated Duration: 3 Months 
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+  - FTE: 36 
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+  - Costs: 100,000$ 
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+- Milestone 2: Beta version (release ready) 
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+  - Estimated Duration: 3 Months  
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+  - FTE: 36  
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+  - Costs: 150,000$ (due to more intense testing) 
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+- Milestone 3: Company registration and compliance (Offshore Islands) 
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+  - Estimated Duration: 1 Month 
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+  - FTE: 8  
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+  - Costs: 50,000$  
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+- Milestone 4: Company management & compliance 
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+  - Estimated Duration: 5 Months 
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+  - FTE: 40 
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+  - Costs: 150,000$ (salary & licenses) 
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+- Milestone 5: Marketing & Branding Campaign 
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+  - Estimated Duration: 6 Months 
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+  - FTE: 24 
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+  - Costs: 50,000$ (salary & targeted advertising) 
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+
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+## 📡Future Plans 
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+We are chain agnostic, and our solution applies to all chains out there. Through our community we will connect and grow a cross-chain community, benefiting everyone involved. Once we finish our Platform version 1.0 we already have a 1-year Roadmap planned, adding even more usability to our platform. (Provision of road map per request) For each chain that we deploy on we will have a dedicated development and business development team.  
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+Roadmap: https://docs.google.com/document/d/1z61yedQbZSHpgv5RmlpppezYoev-vKtcCWPqG0JJQCQ/ 
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+Mainstream start-ups will soon face the same problem that tokenized projects are facing now, having their funds residing in their native assets, which they have to sell on the market to unlock their budgets. We will have a solution ready for them, tested, proven and implemented into the industry as the reliable default option. 
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+## 🙋Additional Information ➕ 
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+We are production ready in 6 months, granted the funding. Our solution benefits both the chain (traffic through us) plus new and existing projects, while aggregating new investors and users from other chains. 
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+Link to website: https://www.frictionless-network.com 
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+Link to Pitch Deck:  https://tinyurl.com/PDFric 
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+Link to White Paper: https://tinyurl.com/FRICWPv111 
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