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Idea 1: Coins that facilitate farmer to share data on the network and monetise it

Idea 2: Liquidity pool or similar / decentralised financing providing to have working capital to for FPO

Idea 3: Smart social impact bond that helps fund intermediaries

(plus)

  • Data entry gets incentivised

(plus)

  • Clear value prop

(plus)

  • Open up the ecosystem

(minus)Risks

  • Bootstrapping effort

(minus)

  • Many moving parts: farmers, FPOs, insurance

(minus)

  • A pitch of product is difficult or missing

Questions

  • Will farmers be able to use coins?

  • Can farmers trade token and what value?

  • DG’s role

  • Regulatory

Questions

  • What is the product?

  • What is the return that is tangible?

  • Regulatory and currency

  • DG’s role

Questions

Takeways:

  • KC relevant across

Observations/ thoughts:

  • Krish

    • The central objective on DeFi is to lower the cost of capital (2 or 3)

    • Data collection is the common thing

    • Expert recommendation for easy financing/ regulatory

    • Impact investment - philanthropic tool

  • Rikin

    • What level we operate?

      • 1/2 looks at application level

      • 3 looks at protocol level - a bit like regen network

    • Meta question:

      • do we see ourselves at protocol level or play at application level?

    • We should not just start with data collection arbitrarily

  • Ashu

    • If you want to start at protocol level, how do enable farmers to validated entries

  • Razak

    • What is the sustainability in the long term?

Next steps:

  • Competitor landscape

  • Fine tuning the ideas

  • More research - talking

  • Wireframes come later

  • Prototype later