BITKARROT
· 12w
why is it so difficult to fund directly? I could never understand this.
Usually it starts with a few deep pockets wanting to support a cause but they can’t or don’t want to micromanage who gets how much and for how long.
So they go the traditional route of opening a fund granting charitable organization managed by a couple of plebs, and that’s where things can go sideways.
Now have a look at something like the Rootstock funding DAO thingy. Sats go in, voting tokens come out, everyone gets to choose which projects get funding and how much, their voting is proportional to their contributions, everyone knows how much each project got (that fact alone would’ve prevented so much he-said-she-said that’s going on right now).