Monero CCS - Random thoughts
You’re talking about this?
Hard to tell exactly how it works because the funding-required is blank.
It’s weird, you don’t have to put down a monero address to get paid? I guess monero is super punk because they don’t make any effort to comply with anything - no AML/KYC, no OFAC? Just, punk rock, I guess? But, OTOH, it seems all of the funds go to a central “trusted” authority that decides whether to pay out?
I think Free2Z UI is way easier than their git-based process to get started, although points to them for using git as the database.
The UI/UX has some problems.
It’s definitely slow and ugly but, let’s not hold that against it.
One thing I will say is that it’s kinda’ cool that they don’t give an inch on compliance or AML/KYC lmao. I guess they just grab their gonads and say, “whatever, what we’re doing is blatantly illegal and non-compliant and so what?” That’s what it seems like to me. They use git as the database for grants and then just send the Monero out with no OFAC compliance? It’s not peer-to-peer that I can tell. There is a central donation address and whoever runs getmonero.org collects all the funds, judges the milestones and sends the funds?
It’s weird that I don’t find any monero addresses anywhere except the main donation one. The real content is in gitlab and not trace of a monero address there that I can see: tipxmr.live.md · master · monero-project / CCS Proposals · GitLab
TBH I’m not sure exactly how it works. But, it seems like a “trusted” central authority collects all the funds (escrow/custody), determines if milestones are met, and then YOLOs those funds out to unknown individuals? It looks like they had about 12 projects completed in 2023 for something around $200,000 worth of monero?
So, with your 5% take for the platform model, this would be run in a for-profit manner for ~$10,000/year? Or, a platform like this would be part of the overhead of the ZF? I’m confused what your vision is in this space.
GPT4 didn’t seem to know how Monero CCS approaches compliance or how it works. I’m maybe more confused after this conversation than I was before:
On the other end of the spectrum, “copy kickstarter.” I think these are almost polar opposite ideas. Monero CCS is looking to process a very small number of grants that would never amount to a profitable business or platform. And, I guess it’s so small that they just fly under the compliance radar and do it out of the goodness of their hearts / cypherpunk ideals.
For “copy kickstarter” I think the idea would be to do big, big numbers and not necessarily put Zcash/Monero front-and-center. Honestly, if the only market is people who have shielded ZEC at the ready in their pockets, we are talking about only a few thousand people at most in my estimation. This is not enough people for a general crowdfunding site that needs many potential donors to make it useful. Free2Z is intended to be more on this side of the spectrum where Zcash is “just a tool” and not the sole focus of the platform. Free2Z could have positive externalities for ZEC in that people may be interested in Free2Z initially and eventually get turned onto Zcash because it’s a good option/tool.
Starting from scratch and taking on a company with VC funding that has done billions of dollars across 100s of thousands of projects over 15 years is a tall order. Hypothetically, do you think that a new platform would be helped or hurt by supporting and promoting Zcash, if the platform’s mission is to compete with the likes of Kickstarter at scale?
I’m working on a really great update for Free2Z right now. I shouldn’t spend so much time on the forum looking at janky Monero sites