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Bootmode - a marketplace for ideas and creators (Brainstorm (Future…
Bootmode
- a marketplace for ideas and creators
Overview
How it works
Share your vision, along with a commitment of time or resources
Connect with teams that compete for your commitment
Collect critical mass for a project and launch
Rationale
The challenges involved in bootstrapping a team means that ideas go un-tried. To enable be more experimentation, team formation should be simpler and more organic.
It can be difficult to find collaborators due to limitations of location, social network, or awareness of resources.
Connections based on
vision
are high-value (as compared to connections based on employer, job role, tool choices).
Blockchain tech is leading a new wave of investment and protocol development. The sheer number of potential new applications presents a need for decentralized project origination.
A revolution in project funding models makes speculative, smaller development efforts more viable.
The social momentum behind blockchain makes speculative (unpaid) development more valuable to the contributor, merely by proximity to the wave of change.
Product Definition
Application Model
Contract
A
non-binding
promise of future resources. Created by a contributor and treated as an asset.
Commitments
One or more commitments of future resources
Time Commitment
A commitment of future work
Workload (10hrs/wk)
Duration (4 wks)
Pre-conditions
Contributor will not consent to activate commitment until the pre-conditions are met.
Vision
A statement of what you are inspired to work towards
Contributor
A profile. The creator and owner of the contract
Profile
(a user)
Skills
For skill level, instead of beg/med/adv, maybe use badges: 'Journeyman', 'Expert'.
Skills are self-awarded.
Project
Identifies a specific goal or series of goals.
A simple, un-opinionated unit of coordination.
Serves as a pool of contract assets.
Organizer
A profile. Manages the project.
Project governance is not specified.
Needs
A list of resources the project is in need of.
For time resource, the needed skill will be specified.
Contributors
Contributors that have joined the project by way of granting their contract to it.
Assets
The set of all commitments contained in the bound contracts.
Represents resources
potentially
usable for the project.
Actions
Create contract
Contributor supplies:
a statement of their vision
one or more commitments
optional pre-conditions to activate commitments (conditions are not enforced by the system)
Create project
Organizer supplies:
Summary and description
List of needed skills
Find project contracts
App can recommend contracts that match the project description, or organizer can search for contracts.
Grant contract
Contributor finds a project of interest, possibly via solicitation from organizer.
The contributor may grant their contract to the project. This adds the contract commitments as projects assets.
Activate commitment
By contributor consent only.
If the pre-conditions for a commitment have been met, the organizer can request activation of a commitment. If the contributor consents, the commitment is active.
Burn down
For a week or longer time commitment, the contributor can elect to auto-burn time.
For any time commitment, time can be manually burned down, limited by the calendar time that has elapsed.
Replenish
Contributor can elect to replenish a commitment as it is burned.
The contributor could alternatively add a new (future) commitment to her contract, possibly with additional pre-conditions.
Brainstorm
Future
Governance
Project governance could be facilitated by a mechanism to fork and merge projects
If participants no longer agree on with the current project vision, they can fork, taking their contracts with them.
When a project is merged in, the vision can be renegotiated
Rate of contract replenishment can be a measure of project health
Now
Should other commitment types be supported (money, other resource)?
Could be represented by a simple text description.
How might VCs and incubators participate?
Some kind of qualifying process to move projects to the next level?
Reference
See
Assurance Contract
Open source project market:
https://crowdforge.io/