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deck outline draft (shorter)

Junha Yang(양준하) edited this page Apr 5, 2023 · 1 revision

Simperby - A Protocol for Multichain-interoperable Organizations

Slide 1. The Problem

  • On-chain governance DAOs: High gas fees, host chain risks, limited multichain interoperability
  • Multi-sig wallet DAOs: Lacks trustless execution, decentralization, and programmatic business logic across multiple chains

Slide 2. The Customer

  • DAOs requiring trustless execution of governance while interacting with multiple blockchains

Slide 3. The Solution

  • Create a stand-alone BFT blockchain hosted by DAO members
  • Offer trustless and fast communication channels for delivering messages from organization to multiple existing mainnets

Slide 4. The Product

  • A blockchain engine for building standalone blockchains, similar to Cosmos SDK or Substrate.
  • Designed for lightweight and sporadic node operations, allowing DAO members to practically host the network.

Slide 5. The Architecture

  • P2P networking and consensus mechanisms support distributed and verified state machines among DAO members.
  • Enables programmable business logic across a multichain environment (e.g., daily withdrawal limits across multiple chains)
  • Natively supports trustless governance systems that execute voting results, unlike multisig-based DAOs

Slide 6. The Architecture (cont.)

  • Native support for multichain interoperability; Simperby protocol finalizes messages for execution on other existing chains (e.g., treasury withdrawals, token minting, interaction with other DApps)

Slide 7. The Market

  • TODO

Slide 8. The Market Landscape

  • Simperby envisions mass blockchain adoption
  • DAOs not limited to Dapp governance but also catering to real-world organizations like charities, foundations, committees, parties, and guilds

Slide 9. The Market Landscape (cont.)

  • Organizations will address real-world problems, not focus on specific chains
  • They will manage funds, interact with ecosystems, and control assets across multiple chains, remaining chain-agnostic
  • Reliable infrastructure for multichain DAOs is essential

Slide 10. The Team

  • Lead: Junha Yang (ex Head of Infra @ Hyperithm, ex core developer @ CodeChain, Cosmos IBC specification contributor, B.S. in CS, POSTECH)
  • Team: Passionate open-source contributors, primarily from PDAO, a nonprofit open-source foundation and DAO operated by Simperby

Slide 11. Summary

  1. Multichain DAO infrastructure is crucial for real-world organizations
  2. Current DAO-building approaches (multisig and on-chain governance) have significant limitations
  3. Simperby protocol enables self-hosted, trustless, and multichain-interoperable DAO governance