What is littlefish?
At littlefish they aim to provide tech tools, guidelines and infrastructure for individuals to form network organizations.
The littlefish Foundation is the social platform with all the tools needed to build and manage communities, encourage collaboration, and reward action.
By using the funding mechanisms provided by blockchains, littlefish ensures that ideas are transformed into communities and valuable assets are created around these communities.
Littlefish will be an App built on the Cardano Blockchain making ideas an asset, and building communities around these ideas.
Through their model, they reward collaboration and add greater value to the assets by supporting them with various funding mechanisms.
“Littlefish Foundation is now one year old!
* We started as a community of impact-focused individuals, looking to build an SDG funding platform. * We have evolved into a community of ACTION * We solve the problems network organizations face one step at a time * We build open-source tools for everyone to use” – Littlefish Foundation
The Fundamental Blocks
Littlefish are the actors of the system. They are individuals who want to enable and enact change in the world. They come together on the Littlefish Platform to form colonies.
Colonies are digital representations of real world relationships. These can be as loose as a group of friends or well defined entities like a business or a charity.
Colonies perform real world activities. The group of friends may clean litter on the beach. The business may produce/announce a new product. A charity may organize a new campaign, build houses for those in need, etc. These activities are then documented in whatever way colony members choose – video, image, recordings, tweets, Instagram, … Collected multimedia is then published as NFTs called Actions.Actions are Proof of Activity. They contain information showing that something has been done to impact the world. Once generated, an Action can be sold by the colony to generate funding.
Why buy an Action which represents something that has already been done?There are several reasons:
- Buying an Action supports the colony, incentivizing them to continue performing similar actions. In this manner buying is akin to donating.
- Actions represent values. Buying an action means you support the activity the action represents. It signals the buyers’ values.
- Actions can be resold. They may be investments. For example, an Action representing the act of writing the first draft of a White paper could be worth much more if the project takes off.
How to Support a Colony/Guild or Individual:
- Active participation
- Direct Donations
- Token Sale
- Reward Sharing
- Ada Staking
- NFT Sale
- NFT Sale
- NFT Donation
Indispensable Parts of the Infrastructure:
- Colony Builder
- Fees & rewards
- Multi-sig wallet
- Member onboarding
- Badges & Achievements
- Member dues and rewards
- Social integrations
- Scrum/Kanban integration
- Colony map
- Colony/Guild/Individual Rating & Reputation System
Last year I was the CEO of several companies and a startup. During the last year of my career, I realized that I had become a slave to my duties and was neglecting the life behind me. I started thinking of the conditions that led me to this situation.
The current system that we live in focuses on the needs of those with power. As we live in this system, we can’t realize the situation clearly, but we can see the measurable facts when we look at the effects.
The big picture tells us that technology removes intermediaries. We feel it deeply in our lives and see how things are getting diversified. Blockchains created a new financial system open to everyone and opened the doors to a new world. The new world allows people to unite for common goals, regardless of distances and borders.
In June 2022, with the birth of my third daughter, I decided to change my life. Resigned from all duties, sold all shares, and exited from my startup.” – Cem – littlefish Founder
What led you to create Littlefish?
“I was at one of the Cardano Catalyst zoom meetings about 1.5 years ago. In one of the breakout rooms, there was talk of climate change. People from different parts of the world can gather under the umbrella of Cardano for the same purpose.
That day I realized that perhaps for the first time, people had found a roof where they could unite in line with their values.” – Cem
Problems solving using blockchain technology
“The technology eliminates middlemen. Blockchains also democratized money transactions, making them a value anyone can exchange.
Smart Contracts also digitized contracts between individuals. That’s why blockchains and other related technologies form a suitable ground for implementing network organizations.” – Cem
This is why they chose Cardano. Littlefish felt there was an amazing community surrounding Cardano and because it is a sustainable blockchain.
Connection to the Sustainable Development Goals
The United Nations’ 17 Sustainable Development Goals (SDGs) are an urgent call for action by all countries. This enables countries to create global partnerships that work towards achieving these goals. The goal is to achieve the SDGs, which are built upon decades of work by countries and the UN.
Blockchain technology is a key technology for the SDGs because it enables stakeholders globally to have the ability to track, record, and share data that is immutable, timestamped, and verifiable.
Littlefish has a strong connection to the SDGs and show this through the model they are developing and the fact that they are “reserving 20% of tokens for funding SDG related Network Organizations”.
Who Littlefish wants to work with in the Cardano ecosystem?
The Littlefish Foundation is looking for anyone who can collaborate with his/her profession at the Littlefish Foundation.
“We need many professionals to form the new economic and living model.”
Littlefish are looking for collaborators because they will need many professionals to form the new economic and living model that the Littlefish team are developing.
The little fish team is developing a token and they are currently working on tokenomics to release the littlefish token no later than Q2 2023.
How to get involved
Littlefish Foundation is bossless, anyone can join and participate. After a short Ikigai (life purpose) onboarding, Sustainable ADA readers can join littlefish.
littlefish – Impact as an Opportunity for Cardano – Cardano Summit 2022 – Lausanne, Switzerland