cryptoleft

I’m transfixed with the idea of bringing African social savings group models onchain and scaling them to the developed world 

Social savings groups (chamas In Kenya, stokvels here in ZA, many other names) 

https://www.google.com/url?q=https://nasasa.co.za/about-stokvels/&sa=U&ved=2ahUKEwiWyI_j-ZWIAxXlWkEAHWOdGagQFnoECBUQAQ&usg=AOvVaw1aW5Sr6Xz-EUeXKbZOQ9rP

Social savings groups are an extrmely fertile ground for emancipatory and solidariatic prefigurative political economies

Social savings groups are an extrmely fertile ground for emancipatory and solidariatic prefigurative political economies  https://warpcast.com/basche42/0x0b4e1652

Devil’s advocate in crypto. Previously @rainbow. Global head of Macro at West Ham Capital

Sarafu Network is online for commitment pooling. 👍

web3 citizen and Open Source Software enjoyer

DAOnarcho-cybersyndicalist ☠︎Hyperpunk ☭ 𝖘𝖈𝖚𝖒☠︎ https://alkohlmist.mmm.page

FWIW, I made an account with the handle rathermercurial@cryptoleft

Maybe we can make an informal @cryptoleft squad?

I think they're for different use cases entirely. Though I'd guess/hope that they could be composed together.

Sarafu is for a permissioned group of vouchers to be pooled at a set exchange rate, and exchanged freely with members or outsiders. Seems like it could be used for many things, like mutual aid, rotating community labor, retrocomp, commitment-backed currencies, simple trade, etc. People can be creative and flexible with it and use their vouchers as they like (even in multiple groups!).

A multisig is better for controlling resources held mutually by a small team of collaborators, or by delegates of a larger community. It allows many people to use Ethereum as one account, but outsiders can't really interact with its resources much, besides some limited delegated spending authority.

🫡🤌

Testing this kind of tool is legit my #1 priority.

What do you think the difference is in user experience between this and doing a multisig on safe? Bc that was the first solution I thought of for whipping up these kind of pools. Easy and ready to go, agree on what the tokenized governance will be and have an informal arrangement for contributing to the fund