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How Can Build.Cash Help You?: Build Trust and Accountability.

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Avatar for CheapLightning
Written by   58
5 months ago

TLDR:

As a developer, Build.Cash will help you by showing the world what you have been able to deliver and when thereby building trust and helping you secure funding.

As an end user, Build.Cash will help you find the projects and people in the network that you are looking for as well as how often projects have been updated. It will also help you to discover new exciting projects you may have no been exposed to via other channels.

As an investor, Build.Cash will help you see and judge how reliable the developers/projects you are considering partnering with are by seeing their reliability as Build.Cash will keep track of projects progress and follow through.

Our Flipstarter is live here if you want to contribute. Also if you don't want to go through Flipstarter, direct donations are possible to this address: qzckpuqaku2qlrk2euqj6jwgtv87h02a0c0sasf5js

Though it was mentioned twice before in the previous 2 articles HERE and HERE, it is important enough an issue that it deserves its own focus.

One major thing lacking in the crypto sphere in general at the moment is trust and accountability systems. A trust-less system such as Bitcoin Cash does not require you to check the honesty of the Blockchain itself. That is one of it’s most brilliant advantages. However for everything around the periphery, including projects and developers, do indeed require some level of trust.

While open source projects should have the code audited before running, it takes on a whole different level when people in the network are either investing or donating to see projects completed and freelance developers funded.

No matter the method of funding, there needs to be some kind of accountability to ensure that people that promise to do a certain thing meet the social contract they agree to when soliciting for funding.

At the moment there are not many ways to check whether projects are doing what they say they will and even those methods are not especially clear or easy to find.

BCHN is one of few projects that seems to have full disclosure and is setting an excellent example of what projects should aspire to. Build.Cash helps to both lessen the burden on individual projects and developers while simultaneously allowing the public at large to see if and when they deliver on the things they promise to.

In the last few months a large number of Flipstarter campaigns have started. It is wonderful to see the technology has taken off and the community unite around people and projects that deserve to thrive. There no doubt has also been or will be shortly less than honest attempts to get money from the community. It is relatively easy to make a promise stating “we will do XYZ and BCH will benefit”. If it is a relatively known person in the network it is easy to look up their portfolio and see what they have done to advance BCH. However if they are not well known or perhaps prefer to do things less publicly and are not all over Reddit and twitter you may not even know about them and what they have done. But even so it would help immensely if there was a database of these statistics that people could easily check rather than jumping all around the internet.

Build.Cash can help here in 2 ways:

1.) We will verify as best we can the projects and developers accounts and work.

2.) We will catalog and keep project development records updated at regular intervals.

It is by no means a foolproof system. But it will at the very least help the building of trust in the network.

If someone is anonymous how can you be sure they are legit?

This is a difficult problem indeed. It takes a long time to build trust and a name for oneself.

That identity can be burned in an instant if they do something that harms their built up reputation.

Build.Cash does not seek to become Bitcoin Cash police or a regulator. Build.Cash can not ensure any project does what they say they will do. All we can do is keep track of what was done and when so people can decide for themselves if they want to trust and invest their time/money with them.

As stated many times the main goal of Build.Cash is the sharing of information and resources and hopefully cutting down the time it takes people to find the information about people and projects. This time savings will ripple throughout the network increasing its usability. It will be more than just a directory. The constantly updated information source will also help build trust and help funding be directed to where it would have the best impact.

Imagine a situation where you hear about a new project or protocol that would improve your business. On Build.Cash you will not only be able to see who is working on said project, but what they need in order to complete it as well as the number of successful targets and projects they have completed in the past. Seeing that developer X has come through and delivered 10 times in the past should help ease your mind about investing in them now. Seeing that developer X has no past projects to their name would understandably make you more caution and perhaps adjust your considered investment amount accordingly.

Projects that do not require outside funding will still be cataloged and their updates recorded accordingly. We will provide the network with the information you need no matter your role.

If you think this service would be of use to the Bitcoin Cash network please consider making a donation here: qzckpuqaku2qlrk2euqj6jwgtv87h02a0c0sasf5js

Or consider helping our Found the service by pledging to our Flipstarter here: https://flipstarter.build.cash/

Thank you.

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Avatar for CheapLightning
Written by   58
5 months ago
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Comments

Good one

$ 0.00
5 months ago

There comes as no guarantee that a given project could pay you to talk wonders of them, and then turn to dust or scam. We really believe that projects should be validated by a huge community and not in a centralized way.

$ 0.00
5 months ago

This is very true. Trust is built over time. But the point is not that we would be the one and only source of information. We would be just a starting point for you to do your own research. If we say that project XYZ did something and you find out they did in fact NOT do the thing that we said they did, you should absolutely correct us and point it out. If we made a mistake we would correct it. If we do not, well then you should not trust us and not rely on us for good information and also hold us accountable to that end. Me saying that we will never take money in exchange for something more favorable is easy to do. We are however willing to put in the time and effort to show the entire network that it is true.

$ 0.00
5 months ago

Build.cash seems like a professional platform. Great job.

$ 0.00
5 months ago

Brilliant one

$ 0.00
5 months ago

Nice writing skills

$ 0.00
5 months ago

As I can see, this is a great project.

$ 0.00
5 months ago

Very helpful

$ 0.00
5 months ago

i got a lot of information , thanks for sharing with us

$ 0.00
5 months ago