Grant Request by C4: Culture X Capital = Community Change

Submission Date

December 24, 2021

Project Links

Twitter - www.twitter.com/thec4coin
Website - www.thec4coin.com

Project Description

Democratizing access to DeFi through decentralizing Web 3’s capital stack. Creating diverse inclusive wealth through bringing DeFi to institutional and retail multi-asset class investing.

CFour, the first deflationary esg, diversity, and inclusion utility token, operates as the utility token for the mpac financial (“fintech”) technology platform which helps underserved entrepreneurs/real estate developers, and investors access capital & business development services, and helps institutions source, identify, and vet social impact & diverse opportunities. We combine DeFi + institutional and retail investing + business development; focused on multi-billion human and Quadrillion dollar macro impact.

Amount requested

2,750,000 USD

Milestones

In creating a permanent capital solution to for diverse operators, fund
managers (ie Entrepreneurs, VC, PE, Hedge Fund; market-neutral,
long/short equity), Real Estate Developers/sponsors of color, we will
Co-invest with institutions seeking access to Social Impact and
Diverse investments.

MILESTONE 1:
PRODUCT IS BUILT BY 7/1/22 WE WILL
ACHIEVE: $100M TVL by 12/31 2022;

PRODUCT BUILD BUDGET BREAKDOWN: $1,000,000
UI/UX Design
This encompasses every aspect of design, user interfaces and user
experiences for all aspects of collateral. Supporting Brand Icons
& Color Palette, Branding Guideline, Web Application Design and
Development, Mobile App & Backend Application Designs.
$36,000.00 1 $36,000.00
Blockchain & Defi Development
Ethereum & Defi protocol Implementation.
$262,000.00 1 $262,000.00
Android & iOS App Development
Developing the Mobile App to be compatible with all the latest
devices in the Android ecosystem (Smartphones & Tablets).
Developing the Mobile App to be compatible with all the latest
devices in the Apple ecosystem (Smartphones & Tablets).
$190,000.00 1 $190,000.00
Web Application Development
Developing the Web App to be compatible with all the latest
browsers limited to Chrome, Safari, Fireforx & Microsoft Edge.
$108,000.00 1 $108,000.00
Backend/API Development & Third party API integrations
Have the Web/Mobile App communicate with your back-end
systems (e.g.servers, databases) & Integrate with third party API’s to
send or retrieve data, Back-end UI Integration & Back-end
development.
$96,000.00 1 $96,000.00
Testing & Quality Assurance
Testing & Quality Assurance to check whether the product developed
is fully functional and ready for customer deployment.
$63,000.00 1 $63,000.00
$0.00
CloudOps Implementation & Support
Hosting support and functionality to maximize the business value of
your app.
$30,000.00 1 $30,000.00
Application Security & Information Security
Implement best security practices to prevent from data hacks and
data loss.
$40,000.00 1 $40,000.00
$825,000.00
Operator: 75,000
Developer stipends: 100,000
Subtotal $1,000,000.00
Tax
Total $1,000,000.00

MILESTONE 2: $1.75M
WE WILL ACHIEVE $1B TVL BY 12/31/2023 WITH THE FOLLOWING BUDGET:
OPERATIONS:
C-SUITE & EA (CEO, CFO, COO) - $150K EACH + 50K = $500K
LEGAL (GENERAL COUNSEL $200K + GENERAL LEGAL $200K, SECURITIES $100K) = $500K
MARKETING - 4 STAFF @ 125K EACH = $500K
TRAVEL AND OFFICE : 250K

Grant Request Status

Allocated to the team