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Aragon Request Marketplace (ARM) #24

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MouyouMoos opened this issue Jul 8, 2019 · 0 comments
Open

Aragon Request Marketplace (ARM) #24

MouyouMoos opened this issue Jul 8, 2019 · 0 comments

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@MouyouMoos
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MouyouMoos commented Jul 8, 2019

Aragon 001

There are two different types of Aragon Project Request
Aragon infrastructure Request , which are essential for the infrastructure of Aragon and
Aragon app / feature Requests

This is focused on the app / feature requests and the infrastructure request are handled by the Nest program.

Requirements:

  • A Request Marketplace where Individuals and DAOs can vote and stake on Request they would like to see.
  • Each Aragon project (Aragon Working Group / Aragon DAO) has its own tokens.
  • The ANT token has an Inflation of 1-5% a year.

People who use an Aragon App pay a small amount of the Projects-Utility token for using it or other profit mechanisms.
People who staked their ANT behind an Aragon Project (DAO) get a voting token, which they can use to vote on the development the Project (DAO) is making.
Based on the votes and stakes behind a DAO it will receive the equivalent ANT of the ANT Inflation.

Aragon Projects have their own Tokens.

There are two kinds of tokens. 1.UtilityTokens to use the App and 2.VotingTokens to vote on decisions on the App.

Utility Token:
the Utility token is the token which funds the DAO. Each DAO makes a Request how much money they need in order to execute on their vision. Because the ANT inflation which funds the project comes form the ANT-Holders those people will get the DAO-UtilityTokens which gets created by a smart contract based on a boding curve. 50% of those funds which comes from the ANT-inflation will go to the Boning-Curve-Reserve and 50% goes to the DAO.
The bonding-curve reserve makes sure that all the DAOs tokens are immediately liquid for trading to be able to buy the utility token to use the App.
(https://medium.com/giveth/deep-dive-augmented-bonding-curves-3f1f7c1fa751)
(https://blog.relevant.community/bonding-curves-in-depth-intuition-parametrization-d3905a681e0a)
The funds in the DAO will be locked up and gos to a smart contract coupled with DAICO (https://medium.com/paradigm-fund/aragon-daico-with-bonding-curve-aragon-fundraising-will-be-available-this-summer-0-7-4-6f2f19206b53) and Proof of impact #10 so the DAO gets only the fund if they successfully develop the Project. If not the funds will be distributed to other Aragon-DAOs.

Voting Token:
50% of the voting tokens go the employers of the DAO #17 and 50% of them go to the people who stake their ANT behind a Project. If a person un-stakes his ANT on a DAO the voting tokens will be distributed to the people who still have staked their ANT based on the amount. People with Voting tokens can decide how the funds of the DAO gets spend.
On the Aragon-Request-Marketplace (ARM) each DAO which want funding post their request. Each Request is segmented into smaller Request (milestones) which all have bounties attached to them #11 . Each of those smaller request can be voted on and staked also but only with the voting token of the specific DAO.

I think this could create an ecosystem around new Aragon Projects where the process of funding is decentralized. I really think that inflation could create a lively funding model for Aragon Projects and because the ANT holders get the tokens of the new created DAOs based on the Augumented Bonding Curve and the Projects only get the funds based on their achievements (DAICO + proof of impact), so if a project fails the funds are moved to another project. the ANT inflation will indirectly go to the ANT holders and a portion is provided to the projects which can, if successful, create even a ROI for ANT holders. I also assume that the ANT price could be positive effected by this if 1. the inflated coins are locked up in the bonding-curve-reserve 2. the projects uses ANT as the reserve currency (50%-100%), so invested money will be converted into ANT 3. By using ANT to invest in DAOs people get a discount. 4. I can also imagine that ANT will be the bancorToken which connects all the DAO-Utility-Tokens together to swap them, because each Aragon Project hold a minimum of reserve in ANT.

Similar Project:
singularitynet Request for AI portal https://singularitynet.io/roadmap/ is doing: “Request for AI Portal (RFAI) will allow users to request for AI services which they would like to see built and deployed onto the SingularityNET Network. Users will also be able to back an existing request by committing AGI tokens to reward the successful development of a predefined service.”

Singularitynet has interesting approaches reagarding Reputation because their whole business is around AI Marketplace and reputation so perhaps this could be an inspiration for the Aragon Request Marketplace as well?

In singulairtynet whitepaper there is a section 2.8.4 “Reputation Police” for example. But they have lots of Blog posts as well.

whitepaper:
https://public.singularitynet.io/whitepaper.pdf

Blog:
https://blog.singularitynet.io/?gi=8b0fb3619c16

@MouyouMoos MouyouMoos changed the title Aragon App Request Marketplace Aragon Request Marketplace (ARM) Jul 11, 2019
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