when did Geyser become a KYC-ridden mess?
Discussion
We have zap goals, could use that but people don’t
Zap goals are not enough.
Will do BTCPay server
Works pretty well. No nonsense
Problem is onchain and private donations. Will also need to somehow give benefits for crowdfunders.
Why can’t you now? You can see who zaps and dm them the benefits
Some are limited, like 100 max.
Can you expand what you mean by this?
I have a product with an early adopter batch for example. Only 100 of those.
With BTCPay Server I can put a limit until that option is disabled
Oh so you don’t want more than 100 zaps that meet a certain amount? Hmm how do we adjust for this?
Yes, or reject ones that have the benefit selected (they can still do say 10x $10 in $100 zap). So yes users should be able to select benefits or say 5x of this one.
And somehow it needs to be connected to other crowdfund systems
I want to see this built into the zap goals client we have
You referring to setting up somethung on geyser is thr KYCmess? cause i can anon fund anythung
Yes
Since 2018 I’ve been building an on-chain platform for crowdfunding and/or donating.
It doesn’t have as many rich features yet (etc, goals, rewards, etc) but has stayed true to its non-KYC roots and all wallets are self-custody.
Eventually, I want to build out the Nostr integration and zaps. As well as add more features.
Check it out https://coinfund.app
They added KYC for people who want to recieve Fiat donations.
That's my understanding. I don't think sats are kycd at this point.
nostr:nprofile1qqs8p3ywfd92w7zvjgy7wrpylz8t30hy3z5dc5al4070l9y8qr8rejcpzpmhxue69uhkummnw3ezumt0d5hszrnhwden5te0dehhxtnvdakz7qgawaehxw309ahx7um5wghxy6t5vdhkjmn9wgh8xmmrd9skctc0reyhh showed up recently, not sure how it compares.
The difference is mainly that Angor is a protocol not a platform.
The devs have no control who uses it and how, kyc is a platform problem and inherently can't be baked into protocols.
The main benefit of Angor though is that it offers investor protection using bitcoins execution language (script).
No more scams or rug pulls, no kyc, use Nostr accounts for reputation.
I would suggest nostr:nprofile1qqs99d9qw67th0wr5xh05de4s9k0wjvnkxudkgptq8yg83vtulad30gpz4mhxue69uhks6tnwshxummnw3ezumrpdejqzxrhwden5te0wfjkccte9ehx7umhdpjhyefwvdhk6qgdwaehxw309ahx7uewd3hkcd5u7te that you try to make a test listing on our testnet.
test.angor.io
What, besides a reputation, is there to prevent a rug pull, in the sense of what is promissed not being delivered or future profits not being distributed to investors? Also, how would a company justify source of investment without KYCing investors?
Good questions
Rug pulls are prevented not by reputation but by protocol, bitcoin being locked into delivery stages (timelocks/multisigs/penalties).
Future profits is harder to enforce. To solve this a founder, who wants to provide investors with assurances of future profits, will have to use a combination of reputation/endorsement, but also potentially associating with a legal structure (be it a state court or a private court), by having a claim over the keys that were used in the investment transaction an investor has a proof of investment.
Regarding KYC, Angor is a protocol and as such does not deal with that, it is up to the founder/investor to decide about KYC.
For example a founder that wants to have source of funds will only approve investors that identify themselves.