PaymentsDAO want to allow people to create its own crowdsourcing credit card company, where people can propose and choose their own rewards, vendors, features. Empowering customers to have a voice, request things. DAO could be the thing that unlock this.
https://twitter.com/paymentsdao
“I was trying to create a smart contract that can hold funds and deal with payout to different addresses.”
In paymentsDAO example, I need a transparent way to hold all the funds from the people, and then a way to distribute payout to different vendor companies.
| Options | Problem | Juicebox benefits |
|---|---|---|
| Build the smart contract myself | **- Implementation time |
Smart contract audit cost
Trust issue:** As a new project, people might not trust the contract I wrote and not willing to put money in as there are so many doge projects | - Save implementation & audit cost - Remove some trust issue for a new project, as juicebox got its brand & reputation
Juicebox has configurations that is useful that I haven’t even thought about, e.g. bonding curve, reserve
Good documentation & design | | TributeDAO Aragon | - documentation is not good, - It has a lot more features than I need now: at the beginning, I just want to start the fund, and will figure out the things like voting, token, etc, later. | - Do exactly what he needs, instead of bundle of features
Good documentation | | IDO platforms like copperlaucnh | - Require token, while he doesn’t want to initiate token, just want a way to manage treasury | - Ability to setup without token |