Posts made by Pipdickens

Hello Ubuntu Touch, I think my previous and first topic was unfairly closed because few dislike the proposal but I wanted to let that thread to listen to your points of view.

If the proposal to get real money to take Ubuntu Touch from niche to a real competitive OS, with enough resources is not welcome here because it may be seen by the foundation UBports as they are loosing their control on funds-donations. Where should I go an ask the opinion to the Ubuntu Touch community involved in the development?

The topic unfairly closed:
https://forums.ubports.com/topic/7183/financing-for-ubuntu-touch-development-via-tokens

I will not be opening any more topics on this, I just wanted to comment about the unfair movement by moderators. I think I respectfully asked and answered in my comments.

@pipdickens further comments: once th e community has discussed where could their tokens being deployed, the community could go to the blockchain foundation apply for a grant and get the whole process for ICO preparation financed.
Lets say USD 200k to 500k

So not asking for yourself to sacrifice time and work for the purpose.

The plan would be: you decide to go for this kinds of financing, you decide on which blockchain makes sense the token deployment, you apply for a financing from that blockchain to prepare the ICO, later once you have a well thought ICO (the tokens economic makes sense), always with end users as main target, you get USD 500 million, also you keep some tokens to distribute later on in development grants etc.

I would not be here if I do not think Ubuntu Touch has a lot of potential.

@arubislander I am not saying to deviate from main purpose. It would be something parallel, like enabling the tokens to be used to decide on future proposals (DAO tokens) which could be distributed first to those who have been long time contributors in the community etc.

It is not necessary major changes to what ever are your nearest goals.

Tokens achieve top value when they have a community behind, most of projects need to create community while Ubuntu Touch already has one.And also when the projects comes from within the community.

I could help with an ICO definitely. If the community estimates it appropriate and someone from UBports wants to get to know me personally and I can help.

There is la lot of money funding open source (which basically is what a blockchain is), you could take it and speed up in development. I check once how much Canocical gets per year in donations and I can tell you that an adequate ICO should get x2 or x3 and also we have to understand that a foundation keeps tokens and distribute them later to development teams. Also this does not mean to close any future streams of income from donations, these are compatible.

Web3 is about to finance things like what you already have built here. And top dollar not government's grants.

Note for clarification: you do not sell the tokens to "investors" you sell them to future users

@flohack I understand, my startup is based actually in Germany. And from there you can just sell tokens to qualified investors and not to the open market. But you could do the ICO from somewhere else and let the foundation to manage somehow the funds or distribution.

Also is possible that you could just put some of the tokens on the open market and pay development grants with the rest of the tokens so teams will be able to go to the market and swap them for money an pay expenses. You would not be directly getting money out of it.

And being a foundation I find it even easier than being a private company.

There is always a complex thinking behind this funding but Europe is regulating, not prohibiting crypto.

The tokens could have a function in the future such as early access to new apps or new OS functionalities.
Or voting rights to decide which phones will be supported in the future.

I could elaborate further on this if you are curious.

I willing to donate more buying tokens in an ICO than sending the money directly. By orders of magnitude.

@arubislander I donate to open source yes, Mozilla and Canonical specifically and here I have to get to know better what is going on.

There is a project on ethereum, or better said ethereum related, willing to create a mobile OS.

I just wanted to discuss with you first if you need money, or maybe your capacity of production is limited somewhere else and not with the money. Sometimes money is not the only limitation, talent acquisitions, legal etc.

Also any investment proceeds I could donate would be far lesser from 500 millions which an Ubuntu Touch ICO could get.

@pipdickens
note: probably I should comment that I got 110k USD grant from blockchain world for my company - private project.
I develop a product there

Hello, I am a community outsider, although I had followed Ubuntu touch when it was first released.

Going straight to the point, how are you doing with financing? Do you have enough funds for development or do you find yourself limited?

I work in blockchain world and I think it is a good opportunity for Ubuntu Touch to get financed the development there, via an ICO or similar techniques. Have you already discussed opportunities alike? I have not found any forum thread on that topic.

My question comes from the constant need for funds from opensource projects, call it Ubuntu Desktop or Mozilla etc.
And I think open source software has not ever lived a better time to get financed in the markets and funds should not be a limitation. Nowadays an ICO may raise hundreds of millions (for outstanding projects).

My interest here is helping an alternative to the duopoly.