Transient Public Funds

Concept- Create an option to allow any creators to designate a portion of primary sales (up to 100%) to go towards a public fund that can be used to finance various cryptoart projects as a community endeavor— innovative projects, public events, charity/fundraising events, galleries and collections, etc.

Functionality- the implementation of a revenue split mostly covers this concept already, but being able to opt-in to various existing funds and/or the creation of new funds is the key idea. Users will be able to create a token, allocate % of revenue to either an existing fund or create a new one. Ideally a dashboard page could show what existing funds exist or prompt a user to create a new fund.

Fund Treasuries can be disbursed through community governance either through a forum, external web page, governance dapp, etc. or could be solely disbursed at the discretion of the Fund creator.

Value- The main value prop of this idea is two-fold 1) to simplify the means in which creators can raise funds towards different causes and 2) to leverage communities to create the change they want to see in the space.

Engagement- When it comes to making a positive impact on things the space seems to come together. I hope and anticipate that this will be no different — simply put: given the opportunity to make things better, people will do what they can. They just need to know how.

Funds can be shared across socials, creators can rally their audience to support new causes, and ultimately people can vocally support what matters to them.

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Upvoters
Status

In Review

Board

💡 Fun Ideas

Date

Over 1 year ago

Author

danilpan

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