What is PoB?

PoB or *Proof of Buidlership *****is an ERC1155 compliant NFT supercharged by Superfluid and Safe.

PoB is an answer to the need to prove that someone has built something and PoB is also a way to reward the buidler.

PoB leverages the blockchain and the capitalism work structures to create a decentralized, trusted, immutable, flexible and fair way to collab between buidlers.

Why PoB?

PoB has been designed with DAO structures in mind. Particularly, for DAOs of buidlers looking for a better way to manage their collaborative infrastructure between builders and (optionally) external entities while securing their rewards and payments.

How PoB works?

The PoB protocol includes an ERC1155 contract, to manage all the proofs issued by a particular DAO. Assigning one ID per project that the DAO has built and allowing every buidler mint their own PoB leveraging erc1155 semi-fungibility. The contract must be controlled by a multisig safe wallet.

The ERC1155 contract, also called the host, is in charge of add new projects, track PoBs and update an IDA index (Instant Distribution Agreement) associated with every project ID before any transfer of any PoB.

This mechanism ensures the holder of the PoB to receive the distributions from the IDA index while allows PoB trades. Making it a great mechanism to manage shares of the projects built by the DAO.

The IDA index is fed by the profits coming directly from project subscribers trough a RedAll (Redirect All contract). Then, the index distributes it between the owner and the buidlers (aka PoB holders).

The owner, aka the proposer, must set a % of the profits to share with buidlers in the proposal, the proposal must be approved by quadratic voting allowing negotiation about the % in a flexible, fair, decentralized and democratic way.

The owner could be any external entity or members of the DAO. Investors could be added to the protocol in a easy way just allowing them to mint PoBs paying a price.

Cash flow from project subscribers to PoB holders and proposer:

N3TFL1X dapp

The n3tfl1x dapp is an example of a project built by a DAO leveraging PoB.

Cash flow of N3TFL1X sharing 50% of profits with buidlers (viewing it as the IDA address):

Previous image explained:

1. The PoB host was previously deployed and ownership transferred to a multisig safe wallet.
2. Then we deployed the N3TFL1X project and the IDA index. Setting up a unit to owner and a unit to the DAO. (1:1, 50%)
3. N3TFL1X was added to the Host to allow minting PoBs. (multisig call)
4. A new subscriber started a CFA to send 100 xDAI / month to pay the N3TFL1X service.
5. A buidler mint a PoB, this called the distribute function that mades the IDA distribute its funds between the DAO (25%), the buidler (25%) and the owner(50%) after assign them the right units to maintain the percentage constant. (there is a formula to make it, but for simplicity we used 1:1 proportion, so with every new mint, a new unit is also added to the owner.)
6. After that, the distributions are approved and distributed.