Patreon began receiving criticism late 2018 after banning a user for posting content on Youtube that violated Patreon's "guidelines". Enter "Patreon issues" on google and you will find plenty of information around this topic. Creators have begun looking for alternatives in order to avoid losing their monthly income. This provides the perfect opportunity to offer a competing service powered by SmartCash.
My previous proposal contained multiple services in a single submission. I chose that route to avoid the 14 day waiting period between each submission ( ie: proposal voting process ). Under this model I would be able to complete a milestone, submit the proper SMART documents, and begin the next milestone.
Based on feedback from the community, and the advice of a few SMART team members I have closed the previous submission in favor of creating separate proposals.
In the event of multiple proposals passing the community is protected by the SMART team. I must complete each milestone in order to receive payment. Thanks to this rule I will be able to go through the voting process ahead of time, and the SMART community is guaranteed the delivery of each milestone.
Every milestone will be open sourced!
A SMART powered competitor eliminates the censorship issue while also reducing fees to nearly 0%
Patreon transactions are subject to a 5% fee by the company + paypal/stripe fee ( 2.9% + $0.30 ) + additional fees for creators to withdraw their money from patreon...
Send SMART using social media accounts
- Allow users to verify their social media accounts through social logins/API’s
- Send SMART using twitter @
- Send SMART using Facebook username
- Send SMART using Twitch username ( targets gaming community )
- Send SMART using Youtube username ( targets all creators )
Patreon like donation incentives
In order to compete with Patreon this service must offer the same ability to provide donation "incentives" someone like Omar Bham ( Crypt0's News: https://www.patreon.com/crypt0snews ) provides access to a private telegram group.
This milestone covers the ability to offer incentives for x donation "tiers".
Transaction details stored within QR codes
Services like Patreon, Twitch Bits ( https://www.twitch.tv/bits ), and Youtube donations exist to combat the transaction fees charged by paypal etc. While these services provide some value the fees involved eat into the revenue earned by the creators themselves.
Streamers like Shroud ( https://www.twitch.tv/shroud ) bring in hundreds of thousands in donations via twitch bits, youtube donations, etc. I would like to create a competing feature powered by SMART QR codes.
Streamers/youtubers will have the ability to enter a tip amount $1 - $5+. Streamer can post their QR codes on their twitch/youtube profiles ( scroll down https://www.twitch.tv/shroud ) When a user scans this QR code they can verify the QR code details and send the payment.
|Date||Amount (US$)||Amount (Σ)||Description||Status|
|March 26, 2019||2,000.00||569,223.24 *||Send SMART using social media accounts||-|
|April 02, 2019||3,000.00||853,834.86 *||Patreon like donation incentives||-|
|April 09, 2019||3,000.00||853,834.86 *||Transaction details stored within QR codes||-|
|Address||Voting Power||Vote||Is Valid|
|2019-03-05 12:21:37||Proposal created. Waiting for approval.||-|
|2019-03-05 20:49:30||Open voting. Deadline up to 2019-03-19 20:49:30. (Discord Andrew)||-|
|2019-03-19 20:51:46||Voting closed. Status: Not Funded.||-|