Here is my thinking for
@Open Collective V3. Please poke holes in it. Work in progress and open for feedback. #asknostr
🚀 Mission
Give communities the tools they need to manage their financial and non-financial resources transparently and effectively.
🤔 Why?
We need an Internet native way to organize ourselves (i.e. allocate our common resources) that would embody the open source values of transparency, decentralization and open collaboration.
🧐 Why?
Look at the impact of open source in the past few decades. What if organizations were operating by the same principles? What if we could complete each other instead of competing with each other?
🥇 First use case
Make spending transparent—show how the funds that you receive from the community are used.
Eventually, we want to support more than just financial contributions. We should help communities to:
- Issue and manage different currencies (tokens) to reward people contributing in other ways.
- Make it easy to spend those tokens to access certain resources of the community.
- Transparent decision making (think GitHub Issues for proposals)
🎯 Initial target group
I was thinking to first target open source projects on Gitcoin. But Nostr projects and meetups could also be good candidates if there is a demand. I’d just need help to support lightning ⚡️
Eventually: any association of people with a common resource to develop or protect 👠🔅💪
📦 MVP
- Make on chain transactions human readable by adding metadata (description, tags, pictures, …) using Nostr.
- Connect existing bank accounts to the blockchain (to have an on chain reference for each tx) using PSD2, Ponto, Plaid, …
Imagine if all government spendings were on chain with open annotations. DOGE wouldn’t be needed.
💕 Values
- open source
- decentralized
🎞️ Context / background:
I started opencollective.com 10 years ago. While impactful ($130M raised across 4k+ collectives, including $50M for open source projects), it’s still a drop in the ocean. Current implementation doesn’t scale because it relies on fiscal hosts. Too much bureaucracy. So we moved the current version to a new entity owned by existing fiscal hosts that rely on it.
I’m starting a new Internet native version to scratch my own itch to manage the
@Commons Hub Brussels. It’s a common physical space in the capital of Europe that many of you have visited during the Nostr Meetup alongside #FOSDEM. We receive money through Stripe, SEPA, but also crypto (including satoshis to commonshub@coinos.io).
We also have our own “yin token” to reward non financial contributions to the community ☯️
🙋🏻♂️ Who wants to help?
Looking for developers that are themselves part of a community that could make use of it. Scratching your own itch is the best way to iterate fast 🔁
