if i wanted to make a 401(c)3 non-profit arts foundation Patreon killer that used a closed intermediary grant algorithm to keep from being a money transmission service but still let you effectively direct support toward creators, would you crowdfund starting it and/or subscribe?
Dat Algorithm uses your support levels as one of its inputs, but also uses impressions/likes on creators' on-site output, has guards against being used for money laundering, and generally makes it so the service isn't a passthrough, trying to avoid this:https://twitter.com/chaosprime/status/939400180675350530 …
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foundation can also seek government grants and traditional nonprofit fundraising, which goes into the distribution pool
Thanks. Twitter will use this to make your timeline better. UndoUndo
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