It looks like you're new here. If you want to get involved, click one of these buttons!
I'd like to propose a funding standard.
An open model to be used by any startup or community member looking for financing through inflation.
This is an independent financing platform for BPs to contribute to. A way for BPs to give back and show value
to the community, without the platform itself having any ties to a given BP.
The idea here is for a platform that on the U.I side mimics Steemit. Except the posts being upvoted are funding proposals
from entrepreneurs trying to capture some funding from the community.
DAO Gov token to be airdropped to all EOS holders 1:1. This token will function like steem power for our funding DAO.
Once a month, at a given time a snapshot will be taken by participating BPs of the state of voting on the chain.
BPs are free to choose how their contributed inflation is dropped to the participating candidates. So long as their inflation is distributed in accordance with the voting weight on the DAO platform.
The idea is simply that a candidate submits a funding proposal for their project to the DAO blockchain.
Token holders vote on which projects the want to see the monthly inflation given to.
A snapshot is taken at a date and time dictated by the participating BPs which may or may not happen in concurrence.
-BP's voting for their own projects should be looked at as unauthorized spending of inflation, and be factored into the base layer voting on the EOS chain. That said, an arbitration agreement should be in place for entities colluding to finance their own projects.
I know that broadly, ideas like this are being explored right now. But this seems like a viable solution to the SEC concerns with retail investors in the United States. With users voting for inflation to be spent on the projects that they believe in, instead of directly paying into the projects themselves, US users aren't exposing themselves to the direct financial risk of investment in these projects. Likewise for the projects, they can hold off their airdropping of tokens until functionality of the utility is reached.