DP3: 1Hive Funding Platform

# Purpose The 1Hive Funding platform would offer a standardized and accountable crowdfunding dapp on top of a curation market. Similar to [Patreon](https://www.patreon.com) or [Kickstarter](https://www.patreon.com), an individual or group could champion a project and solicit support from the community to provide funding to bring the idea to market. The platform would support both funding milestones and time-based funding release mechanisms. In addition, early contributors to a project would benefit from the projects future success, so community members have the incentive to find the best projects early and shift their support to those. The result is that quality projects should bubble up and receive the most funding and attention from the community. The platform would work well for projects that need funding, but do not necessarily have a practical application for a token. It would also work well as a standardized alternative to a traditional ICO, particularly, if a community forms around the project and opts to only fund projects that adopt the 1Hive model for crowdfunding accountability. In the context of District0x, the funding platform could be used by aspiring district creators to bootstrap their projects. On a macro level, this will accelerate the growth of the District0x network as a whole. **EDIT 7/18 --** I expanded on the larger vision of this proposal as it related to District0x and DNT holders here: https://medium.com/@lkngtn/district0x-feedback-2-building-a-

Posted by lkngtn on Jul 2, 2017, 8:17 PM

Tags

• support (Network)

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