Atom Accelerator DAO (AADAO) Grant Announcement Card - in Blank
Team: paxxist
Amount Asked: $1,000,000
Status: Rejected

Illusaq

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The illusaq platform UX/UI-focused “solution engine” that harnesses the power of AI for individuals, decentralized organizations, and outside parties. The illusaq platform has the potential to greatly benefit the web3 ecosystem in several ways:

First, illusaq provides a UX and UI-driven onboarding portal that caters to web3 and web3 projects, making it easier for individuals to navigate the complicated and confusing web3 landscape and understand how to get involved in any specific web3 project.

Second, illusaq offers a free fine-tuned chat bot for all web3 organizations that has been trained exclusively on their project’s information to assist them with onboarding, education, support and analysis. Additionally, illusaq will provide each connected organization with regular free reports of their decentralization, governance, sentiment, and more to support their growth.

Third, illusaq’s platform offers standardization of decentralization factors for analysis and assessment by investors, insurance agencies, regulatory agencies, and other stakeholders, which will lead to KPIs to guide them for better governance practices and verification of progressive decentralization across all aspects of an organization.

As part of their efforts to improve the platform, we want to build versions of the AI bot for Cosmos and other projects in the Cosmos ecosystem. The bot will be equipped with automated onboarding, educational, support, and analysis tools that can adapt and grow with the organizations over time. This move is expected to enhance the functionality of Cosmos and projects in the Cosmos ecosystem while improving the functionality of the illusaq platform for the benefit of the entire web3 ecosystem.Full explanation of the project can be found here: https://www.canva.com/design/DAFeDbtkWo4/ZYf-7j0QId8xvzOGt7FvNg/view?utm_content=DAFeDbtkWo4&utm_campaign=designshare&utm_medium=link&utm_source=publishsharelink

Team: paxxist
Current Status: Rejected
Funding Program: Regular Grants
Funding Category: Infra & Tooling

Amount Requested: Amount in their initial application, or for RFPs, their first quote or that of the nearest competitor $1,000,000

Date Applied: Mar 23, 2023
Date Rejected: Generally includes time spent doing interviews, rescoping or amending the application, and due diligence Mar 30, 2023 (7 days)

Latest Approved Funding

Venture Investment 3
In Progress

Venture Investment 3

Team: [to be announced]
Agreed: Aug 28, 2024
Invested: $100,000
DRIP Module
In Progress

DRIP Module

Team: Daniel Harapko
Approved: Aug 28, 2024
Amount: $246,154
ATOM Hacker House – Barcelona 2024
In Progress

ATOM Hacker House – Barcelona 2024

Team: Web3Family
Approved: Aug 23, 2024
Amount: $40,000
Drops: Cosmos Hub User Engagement Campaign
In Progress

Drops: Cosmos Hub User Engagement Campaign

Team: Drops
Approved: Aug 16, 2024
Amount: $7,500