The Well, a general function of The Movement designed to facilitate activity and awareness.
MVT can be donated to The Well's smart contract address, attached with a specific task (in accordance with The Movement's values). A specified bounty is automatically paid out to participants' ETH addresses once a task has been verifiably completed.
To ensure activity flow, The Movement community collectively funds The Well for a wide range of general and specific tasks.
This allows for ongoing redistribution of a certain amount of MVT next to open market exchange, and for user-governed tasks to be created and worked on by the borderless public internet collective. Creating new infrastructure without middlemen.
The Well consists of an Ethereum smart contract backend and a UI frontend on The Movement network that allows any ETH address holder to instantly sign up for participation, and to receive automatic payouts by participating in completing The Well's user-created bounties.
This in turn supports the constant growth of the userbase, and generates increased support for spheres as well as innovations such as the social change engine.
The Well
The Well, a general function of The Movement designed to facilitate activity and awareness.
MVT can be donated to The Well's smart contract address, attached with a specific task (in accordance with The Movement's values). A specified bounty is automatically paid out to participants' ETH addresses once a task has been verifiably completed.
To ensure activity flow, The Movement community collectively funds The Well for a wide range of general and specific tasks.
This allows for ongoing redistribution of a certain amount of MVT next to open market exchange, and for user-governed tasks to be created and worked on by the borderless public internet collective. Creating new infrastructure without middlemen.
The Well consists of an Ethereum smart contract backend and a UI frontend on The Movement network that allows any ETH address holder to instantly sign up for participation, and to receive automatic payouts by participating in completing The Well's user-created bounties.
This in turn supports the constant growth of the userbase, and generates increased support for spheres as well as innovations such as the social change engine.