Old news that I just happened upon. Open Collective manages donations for many open source projects. Their reasons for discontinuing crypto supports are all problems that XMR fixes.
So frustrating when people throw the baby out with the bath water here. Imagine Henry Ford with his Model-T.
You have to inflate the tires? You have to keep filling it with gas all the time? Only 10MPH? Yeah no thanks, we're banning your "auto mobile" project, this would never work.
This isn't even a good metaphor considering XMR already exists as a solution.
8 Comments
itsmect@monero.town · 2 pts · 2y
The major issue is the low market share of crypto and the higher effort required to get USD. If you want USD, Monero can not fix this. So whenever you can offer your goods and services in XMR natively to lesser the dependence on fiat ever so slightly.
rafael_xmr@monero.town · 2 pts · 2y
fwiw Open Collective still manages crypto funds/grants for projects, I just saw this recently: https://blog.orhun.dev/open-source-funding-with-ratatui/ the Ratatui project set up a Open Collective to handle donations from the "DRIPS network" crypto
edit: also just looked more at the blog's site and at the donation page
Cryptoonly has Monero ;) https://donate.orhun.dev/ love it @orhun@fosstodon.org !jet@hackertalks.com · 3 pts · 2y
Great read! Love the documentation style.
The donation address being a QR code only makes it annoying to do on a phone. (Share to QR reader then copy address, adds a lot of friction)
delirious_owl@discuss.online · 1 pts · 2y
Wut? They stopped accepting crypto. So you have a link at OC that says otherwise?
rafael_xmr@monero.town · 0 pts · 2y
As per docs they removed this option for individual users to contribute using crypto as a payment method: https://docs.opencollective.com/help/financial-contributors/crypto but they still manage crypto assets, as shown by the recent Ratatui invoice paid by the "drips network" https://opencollective.com/ratatui/contributions/751695
delirious_owl@discuss.online · 1 pts · 2y
How do you get them if not through contributions tho?
rafael_xmr@monero.town · 0 pts · 2y
it was explained in the blog post I shared, but Ratatui's share come from this: https://www.drips.network/app/drip-lists/34625983682950977210847096367816372822461201185275535522726531049130 so the Radicle project decided to split a certain value between all dependencies the project uses, and "Drips" is an ethereum based contract that is supposed to distribute a percentage to each projects "address" but in this case how I think it's working is OpenCollective is the one holding the keys to the address that the smart contract sends funds to, so they basically collect the amount earned and send it to the project's owner in this case Ratatui, otherwise that would be "lost" if no one were to claim those funds, and if Drips is contract based it means there is no one holding and distributing the rewards so this is why you have to claim the funds from the contract, and it's why it's not a direct contribution in my mind but also the difference is the previous support to crypto was native in the OpenCollective app and this is what is now disabled, but this is just an example of them receiving and holding funds via crypto means still
delirious_owl@discuss.online · 1 pts · 2y
Yeah that was like a year ago.
They didn't say why, but I think the risk was money laundering. Like creating a project and you yourself donating to it.