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Joel
COO/Community Manager
Posts: 155
Joined: Wed Mar 16, 2016 4:43 am

Announcing the Community Fund

Wed Nov 23, 2016 4:29 pm

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Today, we are introducing the Community Fund, which will act as a decentralized funding vehicle for new blockchain applications, third party tools and core contributions from our community.

The Community Fund
The goal of the Community Fund is to collect LSK to guarantee decentralised, long-term development of the Lisk ecosystem. Everyone can voluntarily donate LSK to the Community Fund, however we believe the majority of the donations will come from active delegates. As described in our development roadmap we plan to develop a decentralised voting and proposal mechanism during Eternity. This tool will be utilised for all Community Fund spendings in a decentralised, community-led way.

During Eternity, the Community Fund will be controlled by 16 known curators (a mix between team members, community members and public individuals) in a multi-signature account. The curators will be elected through the same decentralised voting mechanism used for decision making.

More information will be made public once we are closer to the Eternity phase.

Community Fund address: 15841793714384967784L

Legal Liability
The Lisk Stiftung in Gründung (Lisk Foundation in establishment), temporary escrow agent for the Community Fund, obligates itself to a binding agreement with the Lisk community to not transfer the collected LSK to the curator’s multi-signature account before the end of 2018.
Once the Stiftung (Foundation) is established we will provide a legal document.

The Lisk founders make the first step
As a first step we, the Lisk founders Max Kordek and Oliver Beddows, both donated 50,000 LSK to the fund. We hope that everyone makes a contribution, as small as it may be. Every single LSK can make a difference in the future.

Community Fund Contributors

In Resilience we will rebrand the Lisk ecosystem; during that process we will launch a new website with a dedicated page for the Community Fund in which all contributors will be listed.

Original Blog Post
Joel, Community Manager

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max
CEO
Posts: 303
Joined: Wed Jan 20, 2016 7:59 pm
Location: Berlin
Contact: Website Twitter

Re: Announcing the Community Fund

Wed Nov 23, 2016 4:41 pm

I hope for many contributors! :)
Please take a look at the Community Fund. It's an important project!

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Poly#Crypto
Lisker
Posts: 430
Joined: Thu May 05, 2016 2:19 pm
Contact: Twitter

Re: Announcing the Community Fund

Wed Nov 23, 2016 5:58 pm

Great.
I've posted in the German part of the forum and on Bitcointalk.

And now I have a relevant clue for my proposal "From My Rewards I Want To Donate:"...

Poly
polycrypto ❖ Lisker since day one ❖ 7 secure nodes - Mainnet/Testnet

My Delegate Proposal | My Transparency Reports | My Twitter | Bitcointalk Profil

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redsn0w
Global Moderator
Posts: 202
Joined: Sat Apr 02, 2016 8:41 am
Contact: Website

Re: Announcing the Community Fund

Wed Nov 23, 2016 6:37 pm

Great idea!
I've updated my delegate proposal and added a 5% of the future forged lisk to the lisk community fund :).

GORDO
Lisker
Posts: 104
Joined: Mon Apr 04, 2016 1:31 pm

Re: Announcing the Community Fund

Wed Nov 23, 2016 7:33 pm

Great, i will contribute for the Community Fund.

vrlc92
Lisker
Posts: 193
Joined: Tue Mar 29, 2016 2:40 pm

Re: Announcing the Community Fund

Thu Nov 24, 2016 12:17 am

I've upgraded my delegate proposal. I'll also contribute to the Community Fund. :)

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Grajson
Lisker
Posts: 50
Joined: Thu Mar 24, 2016 10:38 pm

Re: Announcing the Community Fund

Sat Nov 26, 2016 7:41 pm

Great! I am in with 20% of future forged reward!

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Poly#Crypto
Lisker
Posts: 430
Joined: Thu May 05, 2016 2:19 pm
Contact: Twitter

Re: Announcing the Community Fund

Sun Dec 04, 2016 8:42 pm

Today I sent my first 50 LSK to the community fund.
Transaction ID: https://explorer.lisk.io/tx/7485786475817500394
polycrypto ❖ Lisker since day one ❖ 7 secure nodes - Mainnet/Testnet

My Delegate Proposal | My Transparency Reports | My Twitter | Bitcointalk Profil

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redsn0w
Global Moderator
Posts: 202
Joined: Sat Apr 02, 2016 8:41 am
Contact: Website

Re: Announcing the Community Fund

Wed Dec 14, 2016 6:50 pm

Sent 200 lsk to the community fund:

anamix
Lisker
Posts: 33
Joined: Thu Mar 31, 2016 8:21 am

Re: Announcing the Community Fund

Wed Dec 14, 2016 6:50 pm

Donated first 250 lisk.
For future 5% from forging
Please check my post as delegate viewtopic.php?f=6&t=269

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