RE: Proposals with Payment on Delivery on Hive. How I would do it.

avatar

You are viewing a single comment's thread:

I would avoid using a multisig account and use an account with no keyholders at all instead

This would be the ideal scenario. I assume it would take some extra work for the developers. The method I suggested does not require any changes to the current code.

The first account is to receive funding from DHF the same way all the existing Proposals are funded. Let's call this Mini DAO. When a project is selected for funding, the payment will be moved to Escrow account with a memo telling what the funds are for.

We could have a regular post on the Escrow account and ask HP holders to vote (similar to ow https://peakmonsters.com/proposals work). If the votes reach the target specified, the payment happens at once. Partial or no payments mean funds get returned to Mini DAO. This 2 account model was suggested for clarity.

Anyone can easily see how much is available for funding. and projects can have a certain guarantees about their payments and transparency is presented in a user friendly way. Nobody will have to dig deep to figure out what is happening to the funds. No changes to the existing DHF code needed.



0
0
0.000
0 comments