2 ms·
In the Ethereum ecosystem, we're experimenting with a model for building decentralized foundations to fund open source software. When the Red Cross asks for you
by natrius 10y ago
In the Ethereum ecosystem, we're experimenting with a model for building decentralized foundations to fund open source software. When the Red Cross asks for your money to help disaster victims, your money doesn't actually go to that disaster. It goes to the next one. Similarly, we can build organizations that use the volunteer work they're already doing as fundraising campaigns so they can spend it to fund contract work once they've collected enough.
Most work gets done within organizations because we know how to use them to build economic power. If we want to get things done outside of formal organizations, we need to figure out how to build economic power from scratch. That's what Benefactory is about.
https://blog.benefactory.cc/how-benefactory-groups-tokenize-movements-a5bea405229f https://blog.benefactory.cc/how-benefactory-groups-tokenize-...