Eth app idea
Eth app idea
I'm planning to possibly build a dapp and am wondering if anyone can help sanity check the idea.
Ultimately I'm building it because I want to see it built, and if someone else steals the idea and builds it that's fine by me. Also, if there are similar projects that already do this please link them so I can investigate.
The core concept of this is essentially a pool/prize, where people can donate money into, and with each donation they can submit a name (string), of a public figure etc.
At the end of some cyclical period. It will tally the string that gets the most 'votes'/'money' put towards it. It will then use some form of consensus algorithm (or possibly another vote,or if nothing else possibly manual trigger by some admin group) ... where the entire pool will be donated to the wallet owner of the name of the string.
The use case is very simple.
It will allow people in democratic countries to lobby (bribe but stfu) politicians in the same way corporations do.
It sets a gigantic monetary reward that every person in power can clearly SEE, and thus gives them PERSONAL financial motivation to do whatever is in their power to meet that goal.
Seeing as no-name scumbag dead projects sometimes get multi-million dollar valuations at their bubble peak; It would be cool if we could just use that as a prize pool to bait/lure the most scummy self-serving republican (or career democrat) politician to... I dunno pass public health care reform in the US not because he cares about people or the country... only because he wants that 20M directly sent to his wallet.