App Ideas for Community Funded App Development

Apps
22

I have no technical knowledge but I have an active commercial mind. I’ve been an active supporter of the SAFE network project and I have continually refined a concept that I shared with @dirvine some 5 or so years ago. My concept would unquestionably attract a large user base and thereby provide the much needed usage. In summary it is a facility to create a gold backed currency that can be described as an international not for profit strategic alliance whereby its Participants are able to:

  • trade and otherwise deal with property, commodities, goods and services;
  • communicate and publish utilising voice, text and video technologies;
  • pay and receive money and maintain accounting records reflecting every transaction;
  • safely and securely store and retrieve data from the distributed network of the Alliance; and
  • use such of the other services listed by other Participants on the website of the Alliance.

These functions consist of an aggregated automated series of interdependent web applications running on the SAFE Network, the new secure open source Internet.

The TelelinkGlobal currency module simply consists of a debit and credit. Each credit unit is deemed equal to one hundredth of one gram of 99.99% pure allocated gold (gold). 100 gold credits (GC) = 1 gram of gold. Participants can redeem their GCs from the Alliance at call in gold kilo bars or bars of one gram or 100 grams.

  • GCs are earned from sales and spent on purchases which are conducted between Participants on the website of the Alliance;
  • GCs can also be purchased from the Alliance with payment in gold; or
  • earned as a core developer of the website and structure of the Alliance.

GCs can be exchanged for fiat and digital currencies and any form of commodity, goods, services or property available from any other Participant on the website of the Alliance. GCs are not negotiable in any other environment.

Gold held by the Alliance will be vaulted at various locations outside the banking system as the pool-allocated property of all its Participants.

The entire TelelinkGlobal undertaking is proposed to be owned by its Participants in the ratio that their GCs bear to all GCs on issue at any given time. The website of the Alliance is proposed to be largely automated. There will be no limit to the number of GCs on issue at any one time or place. But there will be a restriction to ensure that at no time could a single account holder or group of account holders acting in unison derive benefit from greater than 5% of the whole.

Each transaction will attract a micro fee estimated to establish a common reserve to make good any losses that the Alliance might incur due to loss or damage by any cause of its gold and to offset the cost of system establishment, maintenance and enhancement from time to time. Transactions are recorded in real time by the respective parties’ accounting records; there is zero risk of double spending as the automated website will reject transactions exceeding the available credit balance of the account of the purchaser or donor. The only records that are retained after the transaction has been completed are those securely documented and stored in the buyer’s and seller’s accounting records maintained in encrypted distributed chunks on the network. As with all existing accounting procedure there is no central ledger or ‘block chain’.

**A strategic alliance is an agreement between two or more parties to pursue a set of agreed upon objectives needed while remaining independent organizations. A strategic alliance will usually fall short of a legal partnership entity, agency, or corporate affiliate relationship. Typically, two or more entities form a strategic alliance when each possesses one or more business assets or have expertise that will help the other by enhancing their business. Strategic alliances can develop in outsourcing relationships where the parties desire to achieve long-term win-win benefits and innovation based on mutually desired outcomes.

I’d appreciate comment as to whether this type and scale is suitable for the SAFE network.

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23

The Monero project has a process called the Community Crowdfunding System that they have been using for a few years to successfully fund/complete various projects, even without any dev rewards built into monero itself, and with some anonymous contributors. I haven’t paid much attention, but I know it exists. Might be worth for some here to review.

https://ccs.getmonero.org/
https://ccs.getmonero.org/what-is-ccs/
https://ccs.getmonero.org/how-to-ccs/

Perhaps a first project could be to build a duplicate of the CCS itself.

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24

That’s seems to be a practical strategy to support what I acknowledge is a collection of a very large apps. Thanks for the heads up.

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25

There is a strong unmet demand from investicatave journalists who chose not to publish in the corupted ‘main stream’ media. These journalists rely on donations which are never adequate. If we could develope the payments facility I sumarised 3 days ago they could use it to set and be paid their own micro fee for the public to read/view their work. There are perhaps several hundred active such jounalists on my list and they would generate a massive readership base which will no doubt go on to utilise the Telelinkglobal facility for their own purposes. All of which adds up to large and ever-expanding user base.

2 Likes
26

Here is a facinating opportunity if the major fiat currencies of the world cease to exist due to hyperinflation. We’d all be forced to barter or resort to bitcoin. neither of which would be universaly accepted. This is the substance of the post at Time to learn about money - Research - Goldmoney
Next I refer you to my description of the Telelinkglobal proposal for, among other functions, a new 100% gold backed digital currency, and then let’s see if we really have the surplus tech power in the SAFE network environment to build the facility I have described.