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The arbiter. you're putting all your trust in whoever is selected as the "arbiter"/escrow. no different than any other charity that decides when and where to deploy money, when to re-up, what gets built, etc. the crowdfund zaps go to the arbiter, who just holds the money ("escrow"). when the work is submitted, the arbiter either sends the money to the worker or refunds it all to the funders if the work was bad (or if the work is good but they're a psychopath or a troll. but you're not going to get very far as an arbiter if you can't be trusted. and considering it's a paying job, you might want to be good at it)
...i say "no different than any other charity"... except it also couldn't be more different. There is next to zero middleman involved here. There's _nothing_ stopping the OSS team from being its own arbiter. As long as the funders trust the team enough to not rug them, this would mean 2 of the 3 roles are played by the developers, and the last role is played by the funder(s) - which is to say: Direct community-funded software, no 501c-whatever nudging in between.
τέχνη's avatar
τέχνη yesterday
I always wanted escrows to be a thing. Sounds like the arbiter system is finally making that a reality!
There are _real_, contractual/software escrows out there. but they're complex to implement, require funny wallets, etc. This is literally "we already trust people for some stuff, lets just trust them to hold the money, too" - and that frees us up to not have to build actual escrows. Trust saves you so much code. There's a time and place for "don't trust"; it's not always and everywhere.
"Soon" --> Now
vinney...axkl's avatar vinney...axkl
I just finished this: https://grantless.org/about It's a new, permissionless, 100%-nostr-based Open Source Software crowdfunding protocol, based on #catallax, #WoT and #dlists . If you've ever been rejected from a grant application, you might enjoy Grantless :) It's kind of like OpenSats, in that money goes from donors to software teams, except it's run by you and the people you trust. Grantless is cypherpunk. There's no middleman, platform or legal entity involved. No KYC nor AML. Anyone can curate, anyone can review work, anyone can handle/escrow funds, anyone can put themselves up for funding (there's no "applying" because you can't be denied a shot at raising money from the plebs). It's crowdfunding done right: where the crowd calls its own shots. We use decentralized lists for basic curation and spam prevention - but we're just scratching the surface of what we can use dlists for... Let me know if you have any questions about how it works or if you'd like to have your project show up on #grantless but you don't feel like going through the **permissionless** legwork of getting yourself on there - I can help out with that. I'll publish a roadmap soon with what I'd like to add to this client in the (near) future. And I'm probably not looking at notifications tonight, so if you reply here I'll talk to you tomorrow. Enjoy!
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