poidh

poidh is a decentralized bounty protocol that enables trustless crowdfunding and verification of real-world tasks. Launched in Spring 2024, it lets anyone post bounties, anyone add funds with proportional voting rights, and anyone claim rewards by submitting proof of completion. poidh enables direct funder-to-executor coordination without committees, treasuries, or trusted intermediaries.

What This Protocol Does

1. Enables communities to crowdfund real-world outcomes through open bounties with permissionless contribution
2. Issues proportional voting rights to contributors based on their stake in each bounty
3. Verifies task completion through stake-weighted voting on submitted proof
4. Handles automatic escrow and payout via smart contracts when verification threshold is met
5. Allows contributors to withdraw funds at any time (unless an active vote is ongoing)

Features

Core Components

• Open Bounties: Anyone can post a bounty; anyone can add funds. Contributors receive voting rights proportional to their stake.
• Proof NFTs: Claimants submit photo/video/text proof as NFTs. Claims are minted onchain as collectible artifacts.
• Stake-Weighted Verification: Bounty creator selects claims to put up for vote. Contributors vote based on economic interest. >50% approval triggers automatic payout.
• Trustless Refunds: Contributors maintain control over their capital and can withdraw anytime (except during active votes).
• Album System: Subreddit-style collections for organizing bounties by theme, community, or purpose (e.g., /publicgoods).

Protocol Capabilities

• Eliminates stewardship tax: No single person has to worry about holding the pooled funds since smart contracts handle escrow
• Separates claim selection from approval: Bounty creator controls WHAT gets judged; contributors control WHETHER it passes
• AI agent compatible: Agents can propose bounties and select claims while humans maintain verification control
• Multi-chain deployment: Live on Arbitrum, Base, and Degen Chain
• Non-custodial: Funds locked in programmable escrow until verification conditions are met

Use Cases

Public Goods Coordination

Communities use poidh to fund local civic outcomes without institutional permission. The public goods album has funded infrastructure documentation (cracked sidewalks, broken street signs), park cleanups, small business spotlights, and guerrilla civic engagement — all crowdfunded globally, executed locally, and verified onchain.

Viral Challenge Coordination

poidh enabled the $30K Degen Haberdashery kickflip bounty, which broke a Guinness World Record and generated 100K+ views. The "open bounty" mechanic (anyone can add funds) creates viral amplification. When Jesse Pollak added 0.25 ETH to a $5 bounty, it triggered a wave of submissions and social engagement.

AI Agent Coordination

AI agents use poidh to propose bounties and evaluate claims at scale, while humans maintain fraud prevention through economic stake. Agents handle coordination efficiency; humans verify completion before funds release. This solves the agent scam problem through human-in-the-loop verification.

Personal Crowdfunding

Individuals post bounties for outcomes they'll personally execute (e.g., funding a tattoo, a local community improvement, or a creative project). Contributors fund if aligned and verify completion, creating trustless personal crowdfunding with no platform intermediaries.

Further Reading

• poidh: coordination without governance: https://x.com/kennyistyping/status/2029965364692725966
• Public Goods Album — poidh.xyz/a/publicgoods
• Technical Documentation — docs.poidh.xyz
• GitHub — github.com/picsoritdidnthappen

Overview

• Category: Bounties | Crowdfunding | Primitive
• Status: Active
• Website: https://poidh.xyz
• Launch Date: 2024-04-24
• Funding Volume: $65,000 distributed
• Blockchains: Arbitrum, Base, Degen Chain
• Social Links: Farcaster, Instagram, TikTok, Twitter