Author

Topic: What charitable DEFI project should I make? (Read 142 times)

brand new
Activity: 0
Merit: 1
November 05, 2020, 04:01:33 AM
#8
I registered defi.game don't know if that is better than .co
sr. member
Activity: 445
Merit: 251
pHp DeV
October 19, 2020, 08:30:30 AM
#6
I am setting up the defitools .cc as a "Community Chat" and then will work on whatever the poll result decides.

For now, yall are my governance until .cc is set up.

The game starts there...

Defi projects need liquidity providers.

I need:
OP: Opinion Providers (content)
TP: Traffic Providers (marketing)
MP: Moderation Providers (admin)
AP: Attention Providers (users)

Theses will initially be handled by off chain (database) credits that pay "affiliate commissions", have staking, locking and ANYTHING ELSE the governance system requires.

The .cc will let you earn all 4 of our core governance credits and someday, tokens.

---

https://defiTools.cc is work in progress.

When the poll expires, I that will be next project based on the vote.
sr. member
Activity: 445
Merit: 251
pHp DeV
October 19, 2020, 08:27:20 AM
#5
I would also go with the first one [defiGa.me] due to having more potential [sounds fun] but the main issue isn't the 3 main ideas, instead is how you're going to show everyone the charity part in a transparent manner...
- Over the years, I've seen more than a few projects of this nature failed in doing that. How are you planning to do that part?

Transparency.  All donations are converted to ETH and forwarded to our "incoming ERC20 Address" (IEA) that is publicly displayed.

100% of IEA is put to protocols (ie Balancer, Uniswap, etc) to earn.  For that reason, the ERC20 interest payments (UNI, BAL, MTA, etc) go back to the IEA and will be consolidated for distribution per our governance.

From there, it is a matter of handling... Say the community governors decide that 50% goes to reinvestment, 30% as payouts to donors, and 20% to charity... 

I will send 20% to theWaterProject crypto address and get a reciept, and publish it.

I am working with 3 enablers to automate the whole thing on chain, but not there yet.



legendary
Activity: 2968
Merit: 3406
Crypto Swap Exchange
October 19, 2020, 02:38:07 AM
#4
I would also go with the first one [defiGa.me] due to having more potential [sounds fun] but the main issue isn't the 3 main ideas, instead is how you're going to show everyone the charity part in a transparent manner...
- Over the years, I've seen more than a few projects of this nature failed in doing that. How are you planning to do that part?
legendary
Activity: 1904
Merit: 1563
October 18, 2020, 04:51:20 PM
#3
I also registered defiTools.cc if that is better than .co

Isn't .cc sounds like to be part of Adobe's Creative Cloud? Lol Cheesy


Enough said, I guess defiga.me would be a much nicer idea. Tool platform with premium membership often have less clients and low audience, as most would rather make us of free software and tools than to have a subscription based platform which offers the same outcome and has a higher risk of being trusted as subscription based often tend to use Credit/Debit cards and I've seen no crypto nor defi that has that membership payment feature.

Also, games with just a percentage fee to be donated to charity seems to be a more interesting platform, as users would gamble and have some fun, while being a gamer of a good deed by providing donations through charity. Personally, defi.gives or just a platform for giving charities didn't really clicked. There are a lot of funding platforms that is already popular, trusted, and better. Hence why make platforms that wouldn't really answer a certain problem and/or a platform which idea already exists?
sr. member
Activity: 445
Merit: 251
pHp DeV
October 18, 2020, 07:47:51 AM
#2
I also registered defiTools.cc if that is better than .co
sr. member
Activity: 445
Merit: 251
pHp DeV
October 18, 2020, 06:35:55 AM
#1
I have 3 domains and 3 project ideas... What would you like to see me working on?

---options---

defiGa.me - A full featured defi simulation game with real world charitable giving, tournaments, and token airdrops.  Payout % to charity/players/reinvest based on game-governance voting.

defiTools.co - Free defi tools, calculators, simulators with premium membership option that funds defi vestments for charitable giving.

defi.gives - A simple donation based vesting into defi protocols with perpetual giving to charity from returns.

---comment---
The goal is education and adoption of cefi & defi protocols and real world use by demonstrating a perpetual giving fund for charity (waterProject, droneSeed, redCross, etc)
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