Pooltogether + Patreon? Pool funds to support artists and others. Permissionless no loss crowdfunding.
I posted this on the Ethereum reddit but since I'm a reddit nobody it will never be seen.
Update: It has already been built by this dude here
This is just an idea I had after seeing Pooltogether . I don’t have the Solidity/Smart contract experience to build it so I put it out in the world hoping someone else does. If they don’t, maybe I’ll get around to learning Solidity and making it myself because I think it would help a lot of people.
Does something like this exist? If so please point us toward it.
If it doesn't exist and you can build something like this, please do. If we could we would but we only know C# and our smart contracts would not be so smart haha
Idea is: Artist can register with Metamask wallet. "Patrons" can join the artists pool by adding Dai allowing the artist to collect the yield from the pool. The Patron can withdraw the Dai at any time making it "no loss crowdfunding" *Excluding gas fees
Background: We are a creative micro-studio that makes animated feature films, games, interactive stuff, music and more. We work with a lot of "starving artists" that are very good at what they do and we think they could benefit from new crowdfunding models using super cool Ethereum tech.
Reasoning: Artists are good at creating and not so good at marketing. They usually are even worse at trying to get people to part ways with their funds to buy or support their work. The NFT boom is a great opportunity for artists BUT the gas fees can scare them away from creating something they don't know how to market. If all they had to do was make a Metamask wallet and register on a site which gave them a link they could share, this would be good.
Etc- After collecting some pool yields the artist could create NFT's(now they have $ for gas) which then are randomly rewarded(lottery) to a person who participated in the funding pool etc-
Thanks for reading and if you want to check out some of our work here you go-
"M doll" - animated feature film made in Unity game engine - 2021
"Nightmare Puppeteer" - video game that makes animations - 2020 https://store.steampowered.com/app/1355310/Nightmare_Puppeteer/