chrishobcroft
commented
4 years ago Are you suggesting we build this at ETHBerlin?
Open Patrick-T-Anderson opened 4 years ago
chrishobcroft
commented
4 years ago Are you suggesting we build this at ETHBerlin?
Patrick-T-Anderson
commented
4 years ago Are you suggesting we build this at ETHBerlin?
Yes! ♡🎉
What I'm thinking is that we mint a new coin □, each representing 1 ft² of land, held under these terms.
And then auction those coins to begin the acquisition of real-estate, tools, plants, animals required to produce the goods and services we need.
Pseudocode might look something like:
Each □ represents 1 ft² of real land.
The □ DAO is fed real-estate listings.
For each parcel,
for every 1 ft²,
the DAO mints 1 □
Some □ must be auctioned for $ to pay for land and tools.
These □ vest as production is completed.
Remainder is auctioned for future work to secure that labor.
These □ vest as that work is completed.
For each work unit,
Payout of □ increases as funding end-date approaches.
In some cases, auction must end before action begins.
To insure the health and safety of all participants,
Each worker must be allowed immediate access to the min □
required to maintain a Basic Outcome of food, shelter, etc.
For each parcel,
once all □ are sold,
land and tools are purchased,
production begins!
User-Driven Continuous Funding replaces
the representation and tax+vote routine.More ideas at Product-Futures-Foundation.github.io/earth%20change.htm
Intro
[x] Who you are: Old coder now hacking the dismal science😁.
[x] What you do: Making a GNU way to organize production to help groups share sources and swap skills to own and control the supply chains required to produce all the goods and services they need.
Idea description
What is your idea? Give as many details as you possibly can.
At it's core, this project is about the acquisition and management of Property (land and tools) and Promises (work commitments) held under a special Terms of Operation similar in purpose to the GNU GPL's goals of User Freedom, but using Property Rights instead of Copyright to enforce those terms.
Stages
These can be done by humans at first and automated in the DAO as we progress.
PREBOOT
Search real estate listings to meet the many requirements such as minimum size, maximum price, fitness for permaculture, zoning restrictions, water rights, mineral rights, taxes, fees, etc.
Start crowdfunding pre-campaign to ask workers and other investor where they prefer to build.
-[ ] _Need a way for groups to plan the layout and maintenance of shared areas.: Maybe fork Decentraland.org and create maps that represent land for sale IRL, then sell the virtual land to buy the real.
Finalize parcel selection and mint a coin, each representing some amount of land, such as 1 square foot.
BOOT
Start real crowdfunding campaign and begin selling Source Titles to workers and other investors.
Reach some agreement over general structure of the city such as a central meeting place, major roads, nature preserves, strict borders, pollution restrictions, and any other constraints this group may decide to enforce upon itself.
START
Purchase land, tools and startup supplies, including primary bulk food ingredients such as bushels of grains, legumes, raw potatoes, bales of herbs and spices etc. to cook large, cheap but nutritious shared meals and begin soap and cloth making.
Workers may move onsite immediately, but may need to use tents, cafeteria style dining and temporary sanitation facilities while the first shared structures are built and support systems are established.
TERMS
. Money becomes Sources: Consumers gain sources when they buy future products. . Promises become Sources: Workers gain sources as they fulfill work promises. . Sources become Product: Owners of sources are also owners of future products. . Profit becomes Sources: Consumers gain sources when they buy surplus products.
Money becomes Sources
Similar to crowdfunding, consumers prepay for future products with traditional money, but instead of just receiving one round of production, they become the real property owners of the land and tools that will be purchased for that production.
These investors take risk to avoid paying the profit they would otherwise pay when buying that product on the open market.
Promises become Sources
Every worker is a consumer who needs source ownership for the same reasons.
Workers gain immediate access to sources which vest as work is complete.
Vested sources become collateral to access even more valuable sources.
Sources become Product
Source owners accept the product itself as the direct and natural return on investment, and so do not sell or buy the finished product (except surplus as explained below).
The price each pays as a consumer is exactly the costs each paid as an source owner while the final sale is eliminated, leaving profit undefined.
Instead of selling the product to another consumer, the product has been pre-distributed to the consumer who predicted they would need it. There is no sale because it is already the individuated property of that consumer+owner.
This allows these groups to operate at zero profit even while all shareholders remain satisfied. The numeric return is approximately the same as a For Profit investment but inverted in that the shareholder avoids paying profit for that product.
This is a generalization of economic imputation.
Profit becomes Sources
Any owner may sell surplus product and even collect profit, but some of that profit must be invested for that very same paying user to buy newly issued Source Titles, or to buy Source Titles being offered for sale by other owners.
This causes all users to incrementally gain the property ownership in the sources required to finally also control the production they need and receive those products at cost.
Skillset
What skills do you need, or think you might need to implement the idea?
Communication
Consider leaving your personal Riot/Status address so that the team can contact you off GitHub.