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fantastic12-contracts's Introduction

Fantastic12

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Minimum Viable Startup on the Ethereum blockchain.

Fantastic12 is the first step towards building DAOmesh, the Web for a collaborative economy.

Why Fantastic12?

Fantastic12 lets a team of up to 12 people create a minimal startup ("squad") in 5 minutes.

The squad can immediately start collaborating to complete bounties posted on Gitcoin and Bounties Network, and the rewards will be automatically split between squad members.

Alternatively, if the squad is working on their own project, they could post bounties on Gitcoin and Bounties Network to outsource some work & ease their load.

Details!

  • Lightning-speed decision making: Squads use consensus voting to make group decisions, meaning if 75% or more of the members approve of an action then it can be carried out immediately.
  • Cheap signature-based voting: Voting is done by members signing on the details of an action using their Ethereum private keys, and an action can be carried out if and only if it is accompanied by the signatures of sufficiently many members. This means only a single Ethereum transaction is needed for each action, which lowers the cost of voting, and allows for meta-txs.
  • Dai Stablecoin accounting: Dai Stablecoin is used for all financial transactions of a squad, and all funds of a squad are stored in Dai.
  • Rage-quitting: Any member of a squad could quit at any time, and take their share of the funds with them.
  • Unit tests!!!: Go to test/test.js, and feast your eyes upon my 100% test coverage!

Can I use it now?

Only if you're technical & know what you're doing. Right now Fantastic12 is only a set of smart contracts.

If you aren't technical, don't worry! A user-friendly dApp for creating & managing your own squad is coming soonish.

fantastic12-contracts's People

Contributors

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