The Well - Facilitating Growth

[Chopstack]

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.