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Pledge: what it is, how to fund ideas, how devs claim rewards?

By fairtale
    2023-11-11 21:24:33.349Z2023-12-13 19:00:43.558Z

    Users can pledge funds ($) to feature-requests inside of ideas.
    The feature-requests with the most funds ($) pledged, are the most-likely to be built into Solutios by developers.

    The total pledges of an idea is the sum of all the pledges of all feature-requests related to the idea.

    Pledging is the process by which users can show support and invest into ideas & features they'd like to see become a reality.

    Here's the usual sequence of actions:

    1. Show Support to an Idea:

      • Users begin by expressing support to an idea, often by liking it.
      • Optionally, they can contribute to the idea by sharing feature-requests.
    2. Pledge ICP:

      • As the idea matures, users can pledge ICP to the feature-requests they find most appealing.
      • A pledge is a commitment, but users retain the pledged funds and can cancel at any time.
    3. Solution Delivery:

      • When a developer presents a Solution, users are notified, and asked to review it.
    4. Acceptance:

      • Users decide if they Accept or Reject the Solution, and how much they wish to transfer.
      • When users transfer less or more than they pledged, it affects their reputation (bad actors are punished).
      • When users accepts the solution, the funds aren's sent yet, but the amount is added to the "Total Amount Approved".
      • The Solution page displays publicly how much of the pledged ICP has already been accepted, rejected, or is pending a decision.
      • The developer decides when the "Total Amount Approved" is satisfatory, at which point he can choose to accept the proposed payment, Initiating the payment & delivery process.
    5. Payment & Delivery

      • When the accepts the "Total Amount Approved", the full amount is transfered from all users.
      • The amounts are transfered individually per feature-request, to properly reward all participants:
        • The Developer: Main contributor to the Solution, and who takes the biggest share of the total funds.
        • The feature-request creator: Who earns a share of the amounts that were pledged to the feature-request he created.
        • The idea creator: Who earns a share of all pledged funds in the idea.
        • The Solutio dApp: That charges a small fee for the service.
      • Once the amounts have been transfered and confirmed, the developer has automatically given up his ownership rights over the Solution, which is now owned by the community.

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