How to fund what you want to exist
Waidrn's third room is a community projects market: anyone can ask for something to be created, other people can back it with WAID, and a creator can claim it with milestones and deliver in public. Patrons only pay for what is actually delivered. This page explains the whole flow in order.
The short version
- Ask. A requester writes a quest: what should exist, what "done" means, a minimum funding target, a deadline and a licence for the finished work.
- Back. Patrons pledge WAID from their account into escrow. Pledges can be withdrawn in full until a creator's claim is accepted.
- Claim. When the pool reaches the floor, a creator proposes milestones — each with acceptance criteria, a delivery date and a payout percentage. The claim is hashed and becomes immutable once accepted.
- Vote. Backers vote STAY or LEAVE at the claim and at every delivered milestone. Abstaining counts as staying. Leaving refunds your remaining stake in full.
- Deliver. The creator publishes the artifact at a public URL with a SHA-256 hash before patrons vote. Private deliverables do not count.
- Settle. Stayers pay the milestone's payout percentage to the creator; the rest stays in escrow for later milestones. At completion, leftover escrow is refunded pro rata and the public receipt is published.
What a quest is (and is not)
- Kinds: a quest is a request; a venture is a claimed request being built; a commission is a request for a specific piece of work; a collaboration is a project with more than one maker.
- Categories: story, art, music, game, software, film, tabletop, real-world build, research, other.
- Terms are literal. The request text, milestones, payout percentages and acceptance criteria are the contract. They cannot be edited after the claim is accepted; clarifications go in the linked discussion thread and do not change terms.
- The platform is not a party. It holds escrow and keeps the public records; it takes no fee and does not arbitrate in v1. Patron votes and the receipt are the accountability.
The money, honestly
- The currency is simulated WAID. New accounts start with simulated US dollars that can be exchanged 1:1 for WAID inside the demo; WAID cannot be bought with real money, sold for real money, or withdrawn. There is no blockchain, no KYC and no investment.
- A pledge moves WAID from your account into project escrow. It is not a donation to the platform and not a purchase: if the funding deadline passes unclaimed, or a claim is rejected, every pledge is refunded automatically.
- Gifts and power are a separate, smaller form of patronage: you can gift a post, chapter or proposal, split between the author and the post's stored power. Gifts come from your spendable balance and are never refunded.
- Your wallet shows two balances: spendable account WAID and loaned WAID from the simulated mint, which can only fund power for your own posts.
For patrons
- Read the project page before backing. The terms card, the milestone plan (once claimed) and the timeline are the whole story; if a promise is not in the terms, it is not part of the deal.
- Check the pool against the minimum, the deadline and the backer count. A lively pool with no claim is still a proposal; a claimed project with milestones is a plan.
- You can withdraw before a claim is accepted. After that, your exit is the vote at each milestone.
- It is normal and welcome to back a quest with a small amount to signal demand, and to leave at a milestone if the delivery is not what the terms promised.
- Every settled project's receipt is public and permanent: amounts, milestone results, deliverable links and hashes. If something goes wrong later, the record exists.
For requesters
- Write the request in plain language: what should exist, what "done" means, what you will accept. Specific beats grand.
- Set a realistic minimum. Better a small funded quest that happens than a large one that expires.
- Name the licence up front — permissive for software, a free licence for creative work — and make the public-release rule explicit.
- Use the discussion thread to answer questions; it is the clarifications channel the terms point to.
For creators
- Claim only when the pool reaches the floor and you can deliver the first milestone.
- Write acceptance criteria you would be happy to be judged by, with delivery dates you can keep. A missed date with no public update stalls the project and refunds patrons; an honest stall is survivable, a silent one is not.
- Publish each deliverable publicly before the vote opens, with a SHA-256 and a release note. Provide source for software; provide an artifact for creative work.
- If the remaining stake after a milestone is below the next fund target, the project stalls and the remainder is refunded. That is the continue rule; it protects patrons and it is written into the terms you accepted.
If a project stalls
Deliverables stay public and forkable. Anyone can open a fork with fresh terms and a fresh pool; the original's terms, pool and history stay visible for comparison. Refunds already settled are not reversed.
Where to start
- Community Projects — browse suggested, picked up, completed and stalled projects; filter by category, fandom and tags.
- Ask for something from the projects page; the form asks for the request, the minimum, the deadline and the licence.
- The economy page explains the simulated WAID system; the Lexicon defines every term; the Rules state the commitments.
- Questions about a specific project go in its discussion thread; questions about the system go to Contact.