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RE: PROPOSAL - Hive.Loans 60 Day Rapid Development Funding Proposal. A Complete Operational Overview of the Innovative "Account as Collateral" Zero Risk Lending Model - Cleverly Leveraging HIVE Blockchain Functions to Facilitate Risk Free Capital Loans.

in #hive-dev3 years ago

One thing wasn't 100% clear to me. Is this going to be strictly a private service, are you saying you might open source it later, or are you guaranteeing you will opensource the code for it (and if so, initially or only later)?

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Oh no! Currenttly it's only closed source due to myself being the only person who'se put time into it's development. :)

If the proposal is funded it immediately becomes open source and the collective property of the network. By helping to fund the development costs associated with getting this service completed, tested and launched through the DHF I figure the code and it's operations are jointly owned between myself and tje community.

In addition to open sourcing the application also willing to donate 25% of any revenue the site generates back into the DHF in order to pay it forward in hopes that some of the revenue generated by this service, paid for in part by the community, gets put back into the community for other developers to hopefully in the future have access to in order to create their own applications which in turn help the ecosystem evolve and mature.