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We don’t want to be a centralized gatekeeper, any farmer org should be able to list themselves and any funder should be able to directly fund a farmer org

Some entity would publish and maintain the protocol which anyone could leverage to publish funding requests and fund project

Most projects start out with a centralized entity leading the development (xyz Labs) and over time move towards a more decentralized model (a DAO). There is a conceptual model for progressive decentralization which we could leverage.

There is some precedence for investment groups that are organized as DAOs. See the LAO for more detail.

We want farmers to have a role in the economics and governance of the funding platform. inclusive and democratic governance of the protocol / platform.

Web3 projects issue tokens which are akin to equity; token holders can participate in governance and have a claim on the earnings of the protocol. The entity which runs the platform can establish thresholds for how many tokens are available for different types of stakeholders (developers, farmers, funders, etc.). Note, some of this can be achieved through the operating agreement/ shareholding in a “traditional” org as well.

We want to draw lots capital to the funding platform and making loans easy to buy / trade / sell supports this

Easy to create fractional shares of financial assets

Assets are programmable and composable which means third party developers can easily integrate funding platform assets into their own apps (eg, an e-commerce merchant can easily have a portion of product sales go towards supporting an FPO funding request)