Is there a way for charities to create viral donation mechanisms with inherent network effects, that maximise both the amount donated and the number of people donating?
https://tokeneconomy.co/on-bonding-curves-and-charitable-giving-9bf74b9343d2
Token Economy strikes again.
Explaning what can be changed in charitable giving with the introduction of bonding curves (also explains that). Essentially, part of the money - about 10% - you contribute (let’s assume it is ETH) will become a liquidity pool. And as more people contribute to the smart contract, the more it will be and the more the price of an item will be. So early adopters are rewarded.
What I fail to personally understand is how this model is supposed to not encourage ponzi-style behavior. Let’s discuss @cryptocodereviews
Post #401
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