50p 2018

India's first independent conference on payments and the payment ecosystem

Indium: Building A crypto-fund for makers & doers

Submitted by Polyglot.Network Team (@ntr) on Friday, 27 October 2017

Section: Crisp talk Technical level: Beginner


Blockchains have enabled tokenization (and therefore funding) of not just businesses, but “projects” in general. This is a paradigm shift. These projects can range from open-source software (eg: Linux or Apache), to a lone developer building something cool as a side-project, to social movements (eg: Net Neutrality), to non-profit organizations sponsoring mid-day meals for rural children, to teachers producing great educational content on YouTube, and to plain old startups with traditional investing and business model.

Indium is a community of makers and doers who are coming together to enable and incentivize such projects with the help of a new cryptocurrency. By chosing an architecture with different tradeoffs, the coins can be used as grant/investment into projects. The grant/investment can be linked with the progress made on the project, thus delivering the results that the users care about.

Indium will be an open, inclusive, transparent, and not-for-profit community. In this talk, I will explain the architecture, the mechanism design for coin grants, and how anyone can become part of this community.


  • Problem
  • Solution
  • Mechanism Design
  • Token Economics
  • Governance
  • Showcase of apps already built by the community
  • Roadmap
  • Q & A

Speaker bio

I have been contributing to IPDB and BigchainDB’s open-source projects and working closely with their core teams for more than 6 months. Here are some of the things I have already built and released for IPDB:

https://github.com/nileshtrivedi/bigchaindb-ruby-client/ (Featured on BigchainDB’s homepage: https://www.bigchaindb.com/getstarted/#drivers )

http://www.nileshtrivedi.com/bigchaindb-explorer/ (Featured on IPDB’s homepage: https://ipdb.io/)

I have been programming for around 17 years and have built tech, products and teams for multiple startups in India. I brought together the Indium community to build a crypto-fund for makers & doers.

I have previously presented technical talks at HasGeek events such as JSFoo and blockchain meetups.





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