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