source: trunk/docs/aspiration-contract.txt

Last change on this file was 495156d, checked in by Brian Warner <warner@…>, at 2018-12-28T17:32:50Z

docs: describe BTC/development agreement with Aspiration

update docs/donations.rst with the transfer address

  • Property mode set to 100644
File size: 1.7 KB
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1In December 2018, the Tahoe-LAFS project engaged Aspiration[1], a US 501(c)3
2nonprofit technology organization, as a "fiscal sponsor"[2]. A portion of the
3project's Bitcoin will be given to Aspiration, from which they can pay
4developers and contractors to work on the Tahoe codebase. Aspiration will
5handle the payroll, taxes, accounting, project management, and oversight, and
6is compensated by an 8% management fee. This provides the tax-withholding
7structure to use our project's BTC for significant development.
8
9We're using 25% of our ~369 BTC for this initial stage of the project,
10which will give us about $300K-$350K of development work, spread out
11over the 2019 calendar year. While it would have been nice to make this
12happen a year ago (given the recent decline of the BTC price), we think
13this is a reasonable value, and we're excited to finally get to use this
14surprise windfall to improve the codebase.
15
16Our initial set of projects to fund, drafted by Liz Steininger of Least
17Authority and approved by Zooko and Brian, looks like this:
18
19* porting Tahoe and dependent libraries to Python 3
20* improving grid operation/management tools
21* community outreach, UI/UX improvements, documentation
22* adding new community-requested features, improving garbage collection
23* possibly run another summit
24
25If this goes well (and especially if the BTC price recovers), we'll
26probably do more next year.
27
28As usual, the transfer amounts and addresses will be logged in
29"donations.rst" and "expenses.rst" in the docs/ directory.
30
31Many thanks to Gunner and Josh Black of Aspiration, and Liz Steininger
32of Least Authority, for making this possible.
33
34[1]: https://aspirationtech.org/
35[2]: https://aspirationtech.org/services/openprojects
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