With some friends I been doing a YouTube channel about the crypto-space for Spanish audience on different topics (about news and development mostly). We found out there aren't good quality content on the subjects. From the beginning we wanted to have radical transparency with each other. Each of us were doing this as a side project and could only dedicate an X amount of time. So we ask ourselves: “What is the fairest way to measure our contributions?”
I started looking ways on how to better split a project equity. I'm really happy I bumped with Slicing Pie by Mike Moyer (https://slicingpie.com). Slicing Pie is a model to split project equity dynamically as contribution are made by members. Our team began learning about the model right away and as soon as we felt like we incorporated the concepts we started using Slicing Pie. We are very happy with the results so far. We now know that every member gets what he deserves for their contributions (time, money, facility, etc).
We kept working, getting more knowledgable on the subjects we wanted to address. At this time we found out about ETHBuenosAires event date. We are from Uruguay so we were very exited to attend and meet with the community. We applied as a team and we were happy to known that we were accepted. We arrived Buenos Aires a few days before the event. We started brainstorming about what to build during the hacking. We had some cool ideas but we were not sure which to choose.
The first day of the event we attended awesome talks. We especially enjoy the Aragon team presentation. When the hack started we decided to build a collectible game using ERC721 standard, 10 hour later one of the guys told me: “Why don't we try to do Slicing Pie as an Aragon app?" I look him firmly and told him: "That is a pretty awesome idea!" We informed the team and we all decided to leave the other idea aside and start again from scratch.
During the nexts hours we face a lot of challenges. First, on the team we are only two developers and also at that time only myself already had experience with smart contract technology. Second, the most challenge part of the hack was get to know the Aragon stack, a really new and state of the art technology to build DAO mechanisms. So we divided the tasks. The non developers take care of all the design/mockup/presentation and research we needed. We the developers focus on build the app. I focused on learning about how the different build in apps of the Aragon stack work together. Then I tried to setup a boilerplate kit in my environment that the Aragon team provide for the event (Aragon team was really helpful during the event on how to do it). Finally I coded the smart contract with the most importante functions.
We were running out of time and was going to be imposible to deliver the full app. When two hours were left, we decided to concentrate on explained our idea as best as we could, we name it Slicer. We deliver the smart contract code and a presentation with details of what the app will accomplish. Here is our devpost link: https://devpost.com/software/slicer.
I’m really proud of the idea we have had and I’m really exited to keep working on to make it a MVP. I plan to contact the author of the model, Mike Moyer, to get feedback and ideas on how to improve the smart contract logic. I believe Slicing Pie model perfectly fit the DAOs mechanism and is a really powerful app to add to the Aragon stack. In conclusion Slicer app take the power of a dynamic equity split and combine that with the advantage of blockchain and DAOs to make the perfect environment for startups to grow fairly and frictionless.