Kolektivo (KNT)

 Basics

• Based in: Curacao
• Founded in:
• Mainnet release: "The CuraDAI payment system is set to officially launch in July this year" (21-6-2021)
• A social-impact DAO on the island and working with DAOs in general. Works on Regenerative Finance (ReFi).
• From the Prime blog (6-12-2022):
  "Kolektivo is building a toolkit for real-world regenerative economies that leverage the latest Web 3.0 innovations. The Kolektivo tools will allow local communities to coordinate their efforts to tap into the emerging Natural Asset market and provides them with the framework to manage and govern their community currency to enhance further their ability to coordinate development."

History

• Formerly known as CuraDAO.
• From an interview with Andy Kirchner (21-6-2021):

"When the pandemic hit the island, Luuk and I reconnected after a two-year silence due to our other passion projects. Luuk is in the tech and innovation industry and I am in the sustainability and social sector. I only knew about blockchain and cryptocurrencies from the headlines in the news, but thanks to the predecessor of Kolektivo (CuraDAO) I was granted a small amount of ETH to work on a project, and I was hooked."

Audits & Exploits

• Bug bounty program can be found [insert here].

Governance

• Uses Alchemy (7-9-2020).

Token

Launch

• From the Prime blog (6-12-2022):

"Prime Launch to support the Kolektivo Seed on Celo. Kolektivo will host the first ReFi Prime Launch on the Celo Network from Thursday, December 8th to Thursday, December 15th.

During this period, up to 200,000 cUSD can be contributed to the Kolektivo Seed to receive aKNT, a token representing a claim to at least 1 Kolektivo Network Token (KNT) when the network launches in 2023."

Utility

• From the Prime blog (6-12-2022):

"The KNT token is the native token of the Kolektivo Network. It has essential functions in the network, such as managing the Network Treasury and Ecological Assets controlled by Kolektivo, directing the project roadmap, and as a collateral token for the treasury and reserves."

Stablecoin

• From the Gitcoin grant (6-2020):

"Every time an individual uses the CuraDAI contract, to lock DAI and mint CuraDAI, a small fee (spread between the buy & sell price) is sent directly to the CuraDAO as a contribution to the island."

• Has its own CuraDAI (CURA) token.
• From the Gitcoin grant (6-2020):

"CuraDAI is a DeFI based digital currency that serves as a (better) alternative to the local currency of Curaçao. We've first hand experienced the opportunities the Ethereum and DAI ecosystem provides and want to give this power to the local population. Therefore we're creating a version of DAI that leverages the DeFI ecosystem while tailoring to the local needs of Curaçao."

Tech

• Wiki can be found here (7-9-2020). Their Bluepaper here (10-2022).
• Contract can be viewed here (7-9-2020).
• Built on: Ethereum, Celo

Other Details

• Uses DAOstack.

Roadmap

• Can be found [Insert link here].
• From an interview with Andy Kirchner (21-6-2021):

"We are creating a food forest, funded via NFTs with which we can gather data about food production on the island and really calculate what the possibilities are. We are developing a local social media on which CuraDAI is going to function as a reward system."

Usage

• From an interview with Andy Kirchner (21-6-2021):

"CuraDAI has been in beta for over a year and a half now and we have seen the interest grow. After a series of grassroots workshops we gained a substantial amount of users. One local supermarket, Esperamos, for example, already accepts CuraDAI, and that is where you need to start. Iyengar Wellness, for example, is a holistic health and wellness practitioner who participated in a grant round of Kolektivo and makes local herbal teas, all natural soap and essential oils from locally resourced products and accepts payments in CuraDAI. We have had legal services, business consultants, coaches and therapists joining in the past months, even during two severe lockdowns. "

Team, Funding, Partnerships, etc.

Team

• Full team can be found [here].
• Luuk Weber; founder
• Andy Kirchner; ecosystem developer
• Works together with Curve Labs

Partners 

• Collaborates (18-8-2020) with the ministry of economic development of Curacao.
• Collaborates with (7-9-2020) Caribbean Blockchain Network, DAOstack, BlockchainLabs and InnovationCur.