People don't want to donate to a cause that never comes to fruition. Nodel is a novel platform for crowdfunding anything, but only spends your money if the task is completed.
Nodel | Traditional Governments | Crowdfunding Platforms | P2P Markets | |
---|---|---|---|---|
Who chooses the solver? | Funders directly choose the solver. | Depends heavily on the government structure. In Democracies, People choose representatives, who then choose contractors. | The person who posted the project | Buyer chooses the seller |
How is freeloading prevented? | Users can prove that they funded a node using the Nodel API, but there is no way to force people to pay. Nodel is intended for situations where funders don't care about freeloading, or it is not possible. | Governments levy taxes as they (or their lobbyists) see fair, ideally so that all who reap benefits will contribute. This is needed for services which are not excluable, like infrastructure or environmental protection. | "freeloading" is not an appropriate term, as the goal is usually to donate to a cause with no expectation of return. | freeloading doesn't exist for excludable, atomized services. If you pay for a haircut, you get a haircut. If you pay for a ride, you get a ride. |
How are results guaranteed? | Funds are only payed out when the node is voted as complete | Citizens are supposed to vote out representatives who don't deliver on their promises, but this process has virtually no granularity. | They aren't | Reviews and ratings system, sometimes escrow |
How are collective needs addressed? | Users can create nodes to address their needs, and other users can contribute to them, growing an incentive pool that essentially acts as one, big customer in a P2P market. | Citizens communicate their needs to their representatives through voting, lobbying, protests, etc.
Governments conduct polls and surveys to determine the needs of their citizens. Then, they allocate funds to
address the needs of their |
Relies on a group of willing donors to front the cost for everyone else. | Ask a libertarian (they aren't) |
Nodel is an inverted version of typical crowdfunding platforms. You can think of other crowdfunding platforms as a bunch of projects that are asking for funding, and Nodel as a bunch of bounties/rewards that are waiting to be claimed. With typical crowdfunding,
Undertakers are called "solvers". Solvers could be anyone, including you. Solvers need to apply to undertake a task, be selected, and prove that they have completed the task.
Solvers are encouraged to provide steps for verification upon applying to solve a task. These steps act as an agreement of what "completion" looks like. Remember, if the task isn't solved, you get your money back. Also, Nodel provides an efficient dispute resolution system should any disagreements arise.
Definitely! Register an account and create a node. If a similar node already exists, it's advised to contribute to it rather than starting a new one.
Once a solver has agreed to complete the task for a certain amount, they are committed to completing it without additional funds. It's important that solvers assess the cost correctly before agreeing to complete a task. If they end up underestimating the cost, there are no additional funds provided unless funders are willing to add them.
Yes, even if a solver is already working on a task, as long as the task isn't completed yet, additional funders can join and pledge funds.