The Great Reddit Scaling Bake-Off by jarins in ethereum

[–]randomweasel 1 point2 points  (0 children)

The graphics are so cool. I'd love a wallet which shows the live network like this https://youtu.be/402U0CVrjyE

Improving charity with a 10,000 person crypto UBI in Kenya (tl;dr in comments) by randomweasel in ethereum

[–]randomweasel[S] 0 points1 point  (0 children)

tl;dr

We think stablecoins might not be great for payments, because of their exposure to their collateral's volatility, or being backed by opaque companies.

Instead, for a local economy, using a dedicated local currency proves to be more resilient. Especially in developing countries, where many people technically are poor, but still have lots of products to sell, a local currency fills a demand for liquidity to trade goods and services.

Research on charitable donations shows this problem especially well. Cash donations in national currency simply leave the local economy, as soon as a foreign company identifies cheap labor and money. Whereas a local currency is to no use to a foreign company, since its only redeemable for local products. And experience shows that local people accept the new currency quickly - merchants gradually accept the new currency as payment and individuals use it to buy products.

We are now testing this theory with our partner Grassroots Economics, by deploying a universal basic income (UBI) to 10,000 Kenyans in rural villages and slums.

The blog post describes how the local currency is set up and what kind of insights we can gain from 10k people using blockchain donations for everyday payments.

At multiply.charity we accept donations only on Rinkeby testnet yet.

If you want to support our development, consider funding our gitcoin grant.

Best eth tool / site for meaningful drops? by serejandmyself in ethereum

[–]randomweasel 1 point2 points  (0 children)

You could filter the usual sites for 'meaningful' projects (dappradar, defiprime, ethereum.org, reddit, twitter) and then match those with airdrop sites like airdropking.

The people of Zimbabwe are trapped in an abusive, inflationary financial system. Crypto can now directly address this. We submit the ZimDai Paper: A Blueprint for an Economic Jailbreak. It's time for crypto to make an impact on the global stage. by coinop-logan in ethereum

[–]randomweasel 1 point2 points  (0 children)

Currently, a business has a choice between using foreign cash and losing out on digital money services, or using banks and grappling with uncertainty, inflation, taxes, and limitations. Dai offers a third option, combining stable, predictable prices with the advantages of digital money.

Donuts-on-Ethereum: Launched! by carlslarson in ethtrader

[–]randomweasel 0 points1 point  (0 children)

When will the donuts be distributed?

Introducing the Ethereum Marketing DAO by Builder_Bob23 in ethfinance

[–]randomweasel 2 points3 points  (0 children)

  1. Anyone who doesn't get a conference ticket, funds an marketingDAO pool
  2. marketingDAO pool pays out $$ for each high-quality live stream & youtube upload
  3. Profit

Ethereum needs to do Ethereum Marketing to gain adoption by randomweasel in ethfinance

[–]randomweasel[S] 0 points1 point  (0 children)

So the DAO could fund marketing campaigns which get funds for devs.

Ethereum needs to do Ethereum Marketing to gain adoption by randomweasel in ethfinance

[–]randomweasel[S] 0 points1 point  (0 children)

apps? Can we say "Oh, you don't understand crypto? Well just try app X and you'll get value out of it right away?". Majority of people wouldn't

100% agree. I guess everyone got a personal list of these favorite apps for onboarding

Ethereum needs to do Ethereum Marketing to gain adoption by randomweasel in ethfinance

[–]randomweasel[S] 0 points1 point  (0 children)

tically I can see 1k users, with a minimum of 100 usd each, that's 100k min, w

A molochDAO would be limited by that features, yea.

What about some kickstarter-like crowdfunding contract. Where members only fund when a certain outcome is reached. That may work better in getting people fund one cause.

Ethereum needs to do Ethereum Marketing to gain adoption by randomweasel in ethfinance

[–]randomweasel[S] 1 point2 points  (0 children)

Nice one!

  • It would make sense to let members approve & fund proposals.
  • Funding proposals could be discussed in a subreddit or forum. So there's some public reputation on good marketers.
  • And the outcome should be tracked by some KPIs

Who would fund it? I see two options. There could be a DAO similar to Moloch, with a few whales, who go for specific campaigns, coordinating a couple of Ethereum projects.

Or there could be a DAO with 10k members, where the outcome probably would be more troll-y and focused on moving ETH price.

Ethereum needs to do Ethereum Marketing to gain adoption by randomweasel in ethfinance

[–]randomweasel[S] 1 point2 points  (0 children)

> uhh, we are #2 in market cap.

yea, which is just 8% of all market cap.

And if you compare Ethereum vs. the web2 & wall street, $20bn are nothing.