So interest exists around the idea of Crowd Founding safe projects. For those that do not know what it is or what it could be, I’ll give a brief summary of how I envision it working. In short, it’s a way for everyone to be involved in the development and ownership of projects they wish to see come into existence on the safe network.
#How It Could Work
Folks propose what they want - Discussions would happen around what an MVP for this desired project might look like.
Optional: Perhaps a pledge process until a certain amount is reached before the funding can begin.
Folks fund the MVP (Minimum Viable Product) - We need a way to estimate what an MVP would cost, and each project would be different. The estimation could be done through developer quotes perhaps. The funds would need to be held by a trusted source (until some kind of smart contract system is realized). Perhaps this is some kind of multisig address controlled by trusted members of the project’s community in the interim.
Once funded, the MVP stories (development speak for requirements and features) would be available to work on through some type of development bounty program. This would enable a type of on-demand development workforce. There could be some kind of reputation system built for developers and the community.
Once stories are accepted into the codebase by the community (some kind of voting process?), developers or developer shops receive the bounty attached to the story.
Once the MVP is complete the owners can vote on next features and fund those also in an iterative process until the project is live.
If the project is a for-profit project the income gained from the project can be paid to the owners through dividends. Until smart contracts, this could be done through a multisig management process as well.
#The Way Forward
Lots of these processes could change as we learn more about the network and it’s capabilities.
I am willing to pledge some coin toward seeing this Crowd Founding Application built. I am also willing to take on some development stories if it ever gets that far. If others are of like mind let me know because I’m not willing to do it alone ;).
This discussion continues here.