"Emancipate" - eman·ci·pate - verb

yoyoyoyo Member Posts: 34 ✭✭
edited April 2014 in Smart Contracts and Dapps
The act of taking an existing DAC/Application/Smart contract that redistribute some part of its revenues to a set of shareholder addresses, and forking it to the equivalent application without "owners". The fork will use 100% of its income for productive actions and maintenance costs, turning it into a non-profit, and making it de-facto more competitive than upstream.

Example : A lottery system reversing 1% of the bets to the developer address or to some shareholders might be emancipated to redistribute 100% of bets to winners (minus book-keeping costs) with no loss of functionality and net profit for users.

Serial emancipators will be developers worst nightmare and users heroes.


Comments

  • JasperJasper Eindhoven, the NetherlandsMember Posts: 514 ✭✭✭
    Three hurrahs for the users, and the emancipators!

    Still, you can say the same about copyright, emancipators being DRM breakers, leaks, and seeders. Although i feel we should reject restriction of things that are costlessly copied, they arent costlessly created. You also have to try help ensure some people can earn a living making the things.

    Really, i doubt 'donation' to open source is the right word. In part open source is against the restrictions 'pay for' to get around.
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