Say hello to Dripsπ§, a new web3 protocol, built by the @radicle DAO, that allows anyone to generate continuous income using subscriptions and NFT memberships π
1/ At its lowest level, Drips allows any Ethereum user to stream funds periodically to any other Ethereum user, while also enabling collecting π from multiple streams with just a single transaction.
2/ Within Drips, creators & developers can also issue and sell NFT π memberships that offer fans unique benefits in exchange for recurring financial support.
These memberships are available to anyone and can enable benefits across any app on the web that supports Ethereum π
3/ Fans can support and engage with their favorite creators π¨ and communities β²οΈ by purchasing memberships and/or by βdrippingβ funds to any address in the network in recurring configurable intervals.
4/ Drips also means redistribution! π¦ Splitting incoming funds with Drips is one of the simplest and most powerful features of the protocol.
6/ Splits can be set up at *anytime*, regardless of whether you have incoming funds.
Configuring your splits is a way to signal support for individuals/projects that you depend on.
And when you do eventually get paid, the ones you depend on will get paid too π
7/ Drips is immediately available on Ethereum and @0xPolygon support is launching in the next few days!
Contracts are currently being audited, so please drip responsibly! π
8/ The Drips protocol is also being integrated (on an opt-in basis) with the rest of the Radicle stack, so developers can leverage it to fund their FOSS work. π±
1/ We believe that our dependence on centralized platforms and corporations for the production and distribution of free & open-source software is inherently unsustainable.
To truly build an open internet free from corporate and state control we *need* resilient infrastructure.
2/ Radicle is a new kind of code collab network built on Git. It's:
π€ Peer-to-peer β no central servers, no censorship
π» Local-first β everything's stored on your machine
π Secure by design β no accounts, just crypto π
π For the collective β a fresh take on sustainability