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Specifics of the funding request for Podping on the DHF

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@brianoflondon
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I think it is helpful if I give more of a breakdown for the Podping request I've put in to the DHF and what I want to do with the funds. So I've improved the funding request with this addendum.

Specifics of the funding request

  • At least $1500 worth of Hive to be powered up and staked on @podping account and to use for delegations to active Podping senders

  • $2500 to be used to set up and run an Hive API Node, at first private and expanding to public facing. I'm told that ongoing costs for servers would be around $50 to $100 so this sum would cover up to a year and include proper compensation for the technical help to set this up. I believe this will be paid for by Podcast Index in the longer term but I want to show that Hive collectively values this and will contribute to the set up.

  • $2000 to enable me to hire extra dev help to continue my work on @v4vapp and the value for value micropayments system currently exclusively working with Bitcoin Lightning but for which Hive is probably a better solution.

  • A maximum of $1200 as possible direct compensation for me though I don't have any particular intention to pull these funds out of Hive in the foreseeable future and they'll just end up as more staked Hive. That's $20 per day over the period of this request and I've been working almost full time for more than a month already.

Revenue Generation options

Podping will put in place a system which will reduce costs for a number profitable businesses Even Apple will be able to reduce its costs! Arguably this service could be a paid for service however that's not the business model of the Podcast Index and I don't believe it would be a correct business model for Podping.

Instead this should be, like most open source projects, a "Value for Value" project. I fully anticipate Podcast Index will receive value donations specifically linked to the Podping service and Podcast Index will invest back into Hive.

Dave Jones specifically registered @podcastindexorg as a new account (I've been managing all accounts up to now) and Podcast Index sent $200 via @blocktrades to power up that account yesterday.

This is just a start and a recognition that the only way Podping remains sustainable is if it contributes as much or more value back to the Hive ecosystem as it takes out.

This is my public commitment to follow these principles and should anything material change to affect this, I will keep everyone updated and use any remaining funds to benefit Hive.

Support this as proposal 181 on PeakD Support proposal 181 on Hivesigner