Sundial

Sundial combines streaming payments with DAICO, and introduces decentralized arbitration for the supervision of project.

Description

Investment in cryptocurrency market mostly depends on VC and investment institutions. They have perfect reference checks and analytical abilities. However, a small number of VC and investment institutions cannot meet the financing needs of many projects, especially small and medium-sized projects, which have the characteristics of high risk, large quantity and small amount. Small and medium-sized projects are important parts of the cryptocurrency market. Their development can bring more vitality and creativity to the cryptocurrency market, and will also become a new engine for the development of the cryptocurrency market. The financing problem of small and medium-sized projects is not particularly prominent when the market goes up, but when the market goes down, most small and medium-sized projects will be interrupted due to financing problems. For most ordinary users, due to the small amount of investment, lack of anti-risk ability and investment channels, most of them can only buy and sell in the secondary market. Reducing the investment risks of ordinary users and enabling them to participate in primary market investment that will bring great development. In 2018, Vitalik Buterin put forward the concept of DAICO in “Explanation of DAICOs”, but in the past three years, DAICO has performed poorly in practice. We improved the DAICO model by combining stream payment with DAICO and introducing Kleros Court, then Sundial was born. Sundial is based on the DAISO protocol, which combines streaming payments with DAICO, and introduces decentralized arbitration for the supervision of project parties. It can effectively reduce the risk of investors, increase investor participation and lower the threshold of project financing.

Sundial showcase

How it's made

Sundial is based on the DAISO protocol, which combines streaming payments with DAICO, and introduces decentralized arbitration for the supervision of project parties. It can effectively reduce the risk of investors, increase investor participation and lower the threshold of project financing.