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elementh
bookmark8 /10
Starts
Sep 26th 2017
4 months ago
Ends
Oct 6th 2017
4 months ago

Laborless Crowdfunding

A new crowdfunding model creates supply and demand for community projects. Project initiators don't need to complete the project or know anything about cryptocurrencies. Donors get tax deductions. Socially visible projects enhance reputations.

Cryptocurrency

A portion of a project's crowdfunded proceeds go to token purchases, driving currency demand. The rest goes to material, one supervisor's wages, and wages for those stuck in poverty to complete the project. The currency's supply is hard capped, so each project reduces liquid token supply.

'Pension' Fund and Interest Alignment

In addition to hourly wages, paid in USD, cryptocurrency worth half of the day's earnings is deposited into a medium-term pension fund-like entity - further reducing liquid token supply and aligning the interests of investors and society's most vulnerable.

Team

Chris Place
Cofounder
Dr. Nicholas Adams Judge
Cofounder
Anton Kraminkin
Development Director
Zac Filan
Principal Software Engineer
Alex Bazhanau
Principal Ethereum Engineer

Advisors

Dr. Ashley Hooper
Advisor

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