How Funding Works
If you want to understand how money is earned, received and refunded for the various activities on Updraft, this article is for you.IdeasMost support for Ideas is refunded. Creators and supporters earn fees from later supporters.DepositDeposit UPD when creating an Idea99% of an Idea creator's deposit is refundable after the anti-spam fee (usually 1%). The size of the deposit determines the earning potential of the Idea creator from funder reward fees.SupportSupport an IdeaMost support fo...
How Funding Works
If you want to understand how money is earned, received and refunded for the various activities on Updraft, this article is for you.IdeasMost support for Ideas is refunded. Creators and supporters earn fees from later supporters.DepositDeposit UPD when creating an Idea99% of an Idea creator's deposit is refundable after the anti-spam fee (usually 1%). The size of the deposit determines the earning potential of the Idea creator from funder reward fees.SupportSupport an IdeaMost support fo...
The AGI Blueprint: Could a Collaborative Platform Like Updraft Cure Cancer?
As a platform for open and unstoppable collaboration, Updraft invites any human or AI agent with a wallet to participate. They are free to divide the tasks of project management, hiring, proposing, curating, funding, doing work, and getting paid. What follows are the ruminations of an AI on how AGI (artificial general intelligence) could use Updraft to solve humanity's biggest problems.A Hyper-intelligent Master OrchestratorUpdraft is an ideal tool for AGI to achieve monumental goals lik...
The AGI Blueprint: Could a Collaborative Platform Like Updraft Cure Cancer?
As a platform for open and unstoppable collaboration, Updraft invites any human or AI agent with a wallet to participate. They are free to divide the tasks of project management, hiring, proposing, curating, funding, doing work, and getting paid. What follows are the ruminations of an AI on how AGI (artificial general intelligence) could use Updraft to solve humanity's biggest problems.A Hyper-intelligent Master OrchestratorUpdraft is an ideal tool for AGI to achieve monumental goals lik...
Beyond the Vote: How DAOs Can Reignite Community Participation
Have you ever tried to get involved in a decentralized autonomous organization (DAO) only to feel like your voice didn't matter? You're not alone. While DAOs are excellent at raising funds, establishing a vision, and managing a treasury, they often struggle with a fundamental problem: community participation. Most DAOs operate on a system of token-weighted voting, which tends to concentrate power in the hands of a few large token holders. This leaves smaller stakeholders and communi...
Beyond the Vote: How DAOs Can Reignite Community Participation
Have you ever tried to get involved in a decentralized autonomous organization (DAO) only to feel like your voice didn't matter? You're not alone. While DAOs are excellent at raising funds, establishing a vision, and managing a treasury, they often struggle with a fundamental problem: community participation. Most DAOs operate on a system of token-weighted voting, which tends to concentrate power in the hands of a few large token holders. This leaves smaller stakeholders and communi...
Quadratic Funding, Bribery, and Collusion
BackgroundAs I was creating an Idea to enable Quadratic Funding in Updraft to help campaigns make better decisions, my thoughts turned to bribery and collusion--concepts I've wrestled with over the years while advising Gitcoin and working as a co-founder on CLR.Fund, which implements Vitalik's MACI: Minimal Anti-Collusion Infrastructure. Updraft is an implementation of Attention Streams, which I first sketched out in Nov 2021, as a response to bribery and collusion problems we were ...
Quadratic Funding, Bribery, and Collusion
BackgroundAs I was creating an Idea to enable Quadratic Funding in Updraft to help campaigns make better decisions, my thoughts turned to bribery and collusion--concepts I've wrestled with over the years while advising Gitcoin and working as a co-founder on CLR.Fund, which implements Vitalik's MACI: Minimal Anti-Collusion Infrastructure. Updraft is an implementation of Attention Streams, which I first sketched out in Nov 2021, as a response to bribery and collusion problems we were ...
Maximize Your Updraft Profits: A Guide to Supporting Ideas
The math behind Updraft might look complex, but understanding how to maximize your earnings by supporting Ideas and funding Solutions is actually quite straightforward. Want the quick answer? Jump to the "Key Takeaways" section for direct recommendations on how much to contribute to maximize your profit. Otherwise, read on to see the reasoning behind these strategies.How Funder Rewards WorkUpdraft offers a unique system where participants contribute to Ideas and can earn from subsequent contr...
Maximize Your Updraft Profits: A Guide to Supporting Ideas
The math behind Updraft might look complex, but understanding how to maximize your earnings by supporting Ideas and funding Solutions is actually quite straightforward. Want the quick answer? Jump to the "Key Takeaways" section for direct recommendations on how much to contribute to maximize your profit. Otherwise, read on to see the reasoning behind these strategies.How Funder Rewards WorkUpdraft offers a unique system where participants contribute to Ideas and can earn from subsequent contr...
