[Qgis-psc] Fwd: Financing QGIS through Dev Protocol

[Andreas Neumann]

Forwarding this information to the PSC list. I can't say that I understand
the Dev prorocol system, how it works.

But it is the second time, that someone suggests involving one of these
modern, virtual currencies, tokens, etc.

Anyone interested in examining this system and explain how it works? I
don't know what DEV is (some kind of currency?) And APY?

Andreas

---------- Forwarded message ---------
From: pdotal <pdotal at protonmail.com>
Date: Fri, 12 Feb 2021 at 18:25
Subject: Re: Financing QGIS through Dev Protocol
To: Andreas Neumann <andreas at qgis.org>


Dear Andreas,

Thank you for your reply.

So, with Dev Protocol QGIS could just authenticate their Github and list
the project in stakes.social, the community or any other investors
interested in QGIS could then buy DEV, the native token of the platform and
stake them in the project. QGIS would get 30% Annual Percentage Yield and
the community would get close to 29% APY as of now.

So for community members it's way more interesting to us to get paid while
supporting QGIS, and unlike donations, we don't lose our money. The only
possible drawback that this platform has is that it's financed by this
token that is listed in an open market, so the value is not fixed. But,
since it's just starting and the potential is astronomical, in my opinion,
it's not really a drawback because the token will most likely appreciate a
lot.

Just to make it clear with an example, Vyperlang -  is a contract-oriented,
pythonic programming language that targets the Ethereum Virtual Machine
(EVM) - listed their project on stakes.social a few months ago and they've
got 18,000 DEVs in rewards, which they sold close to $100,000.

If QGIS was listed there I would definitely stake in the project, and that
could generate, at current prices, close $2000 a month just from myself!
I'm sure a lot of members of the community would rather do this than
donate. Also, the Dev Protocol community would also love to help big
projects like QGIS, so it's definitely a great way to get financing.

I'd love to hear what you think,

P.


Sent with ProtonMail <https://protonmail.com> Secure Email.

‐‐‐‐‐‐‐ Original Message ‐‐‐‐‐‐‐
On Friday, February 12, 2021 10:29 AM, Andreas Neumann <andreas at qgis.org>
wrote:

Dear P.,

Thank you for your suggestion about using devprotocol.xyz.

Can you please describe in a few sentences what this devprotocol.xyz thing
is about? I understand this has to do with electronic currencies like
Ethereum. How does this work in practice - what does it mean for us as a
community, what effort does it take to participate and what benefit can be
expected from this system. Do our users have drawback when we participate
in this system?

Thank you for explaining the system in a few simple sentences.

Andreas

On Fri, 12 Feb 2021 at 11:54, 'pdotal' via finance <finance at qgis.org> wrote:

> Hey,
>
> I'm a member of the community, I used QGIS a lot back in Uni, and use it
> everyday in my work. I can't afford to donate straight to the project
> though, I've found out and I'm currently using Dev Protocol to finance
> projects, they're really great because not only the project creators get
> sustainably funded but the community also gets paid!
>
> I'd love if you guys could integrate QGIS into Dev Protocol, that way I
> could stake all of my DEVs to provide you guys with funding and I'm sure
> there are thousands of community members that would do the same if this
> option was available! Their incentives really broaden the community base
> that's willing to fund the project.
>
> Here are their websites:
> https://devprotocol.xyz/
> https://stakes.social/
>
> I really want to hear back from you, what do you think about this?
>
> Thanks for the attention,
>
> P.
>
>
> Sent with ProtonMail <https://protonmail.com> Secure Email.
>
>

-- 

--
Andreas Neumann
QGIS.ORG board member (treasurer)




-- 

--
Andreas Neumann
QGIS.ORG board member (treasurer)
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