About Teiki
Basic FAQs to get to know about Teiki, our team and upcoming plans.
What is Teiki about?
Teiki is a decentralized crowdfunding protocol with low barriers to entry. We build on Cardano’s liquid staking for a novel subscription model, where backers securely stake ADA at smart contracts to generate rewards for project creators. Teiki integrates AI to minimize the time one needs to raise funding and manage a community.
Who is building Teiki? What is the team's background and what makes them the right team to run Teiki?
We are an ambitious and driven team. Most members have worked together for 1-3 years in previous companies, so the bond is already there. With five years of experience on Cardano through works like MELD and Hachi and six years of experience in AI, including demoing intelligent defense systems to the UK Army, we are very confident to deliver Teiki.
As an ambitious R&D company, we desire to build many products and innovations. Nevertheless, we don’t have the resources to build everything as a startup. Teiki, therefore, is a great first product to build. We have the experience and competitive advantages to deliver Teiki timely and raise further funds for future innovations there.
How did the idea of Teiki come to life?
As an ambitious R&D company, we desire to build many products and innovations. Nevertheless, we don’t have the resources to build everything as a startup. Teiki, therefore, is a great first product to build. We have the experience and competitive advantages to deliver Teiki timely and raise further funds for future innovations there.
What item in the roadmap gets you the most excited?
There are too many exciting milestones to choose from. Generation II brings us closer to the full dApp scope with governance, more backing and rewards methods, an insurance system, and more. Generation III offers fiat integration to onboard many users outside of cryptocurrencies. Generation IV integrates a lot of tooling for creators to build “on” Teiki instead of just raising funds.
Most people are bullish about L2 at the moment, what decided you to build on Cardano?
Building on Cardano is challenging, making our years of experience there a competitive advantage. Cardano also has a large market cap but not many dApps and users.
Teiki can help builders raise funds and be central to the ecosystem’s development. Builders need Teiki in the bearish market, while backers need a safe backing option.
The use case behind the Teiki token is straightforward, but what are the incentives to hold the token and not dump it immediately to recover the foregone yield in ADA?
Teiki holders can stake the tokens to join on-chain governance processes, including the spending of the Teiki treasury.
Depending on the protocol architecture in Generation II, big holders may get some revenue sharing, good insurance options, and more. It is an important voice to have for dedicated protocol participants. Backers also get back optional perks from creators to reduce the need to dump Teiki.
How many people are on the team?
15 members work at the same office, and a few satellite members work remotely. We are gradually growing the team size to 30 for Teiki Generation II.
In an ideal world, how would Teiki look in 5 years?
Teiki would be the world's best crowdfunding solution, with low entry barriers for all. Creators think of Teiki first when they have a new idea and effortlessly establish a brand-new project and community. Teiki would hold world records on all crucial crowdfunding metrics and helps make crowdfunding a norm.
For people who wanna jump in, how to get started?
We are very responsive on Discord. Feel free to join our server to ask and discuss anything:
We are also running a testnet at:
With guidelines at:
You may find our Medium articles helpful as well:
Do you plan to go on other chains? This model could very well work on SOL/COSMOS/BNB etc...?
Yes, definitely. While Cardano’s liquid staking is very neat, it is only one passive income mechanic to build Teiki’s subscription model on. For instance, we can deposit backers’ funds to a lending protocol like Aave and direct the interests to backed projects. We must expand our crowdfunding and payment methods to reach a wider audience.
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