crypto

good time to give this another read

https://daotimes.com/an-interview-with-a-dao-money-grabber-how-they-are-draining-treasuries/

I don't talk about it enough because silly bounties are more fun, but I view poidh as a solution to the bureaucratic waste of big DAOs

raise money for specific things, not general causes, and confirm they were done in a truly decentralized manner 👇

I don't talk about it enough because silly bounties are more fun, but I view poidh as a solution to the bureaucratic waste of big DAOs

raise money for specific things, not general causes, and confirm they were done in a truly decentralized manner 👇

https://paragraph.xyz/@poidh/poidh-open-multiplayer-bounties-explained

intersubjective mechanism design @ poidh.xyz - come chill /poidh + follow @poidhbot

Really cool, great trustless mechanism for use specific crowdfunding

Will figure out a fun way to make one soon

> create "open" bounty

> get people to "join" open bounty by adding funds

> when bounty mission has been accomplished, accept a claim on the page

> bounty contributors now have 48 hours to use their voting shares (equivalent to their % contributed to the bounty) to veto the claim if they don't think it's legit (or vote in its favor if they think it is)

> if 48 hours passes and 50%+ of voters have voted in favor of the claim, the money is released to whoever submitted the claim

mechanism works if you want to incentivize someone else to do something OR if you want to raise money for yourself (submit the claim via a wallet you control)