Create a Project

General information

Name your project

Add a distinctive name to your project.

Description

The description should give contributors a specific idea of the goal and purpose of the project.

External document

Add an external document URL to provide any additional working files. Contributors will review those files before applying to a role on the project or reaching out to a team member.

Project wallet address

If this is a client-facing project, enter the wallet address that should receive funds from the client. This field is not required but will show up in the auto-generated invoice.

Organization

If you are an admin of multiple organizations, you can change the relevant organization here.

Team

Select a team space that the project should take place in. By default, it will appear in the team you created the project from.

Stakeholders

Stakeholders are external users or contributors who will validate the completion of the project.

You can start a project without a stakeholder, but including one will strengthen the overall reputation of the project.

The confirmation of a stakeholder ensures that they have paid attention and will be connected to the outcome of the project.

Keep in mind that the stakeholder could object to the completion of a project if they are not happy with the results.

Blockchain and Token Contracts

Select the network you prefer to use for payments.

If the project is unpaid, please still select a network and a primary token. Otherwise the app might show an error.

Here are a few contracts:

USDC

0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48

DAI

0x6B175474E89094C44Da98b954EedeAC495271d0F

EURS

0xdB25f211AB05b1c97D595516F45794528a807ad8

Remember to check what the tokens are backed by and verify the volatility of those assets.

No token is really stable!

Everyone on the team can be paid in two different tokens or currencies. The primary token, usually a stablecoin, is necessary to visualize the value of the work in the context of the organization as part of the larger economy it interacts with.

The secondary token can represent any internal value flow. It can represent voting power, equity, ownership, profit shares, etc.

Please make sure your team agrees on the meaning of the secondary token and that it's legally compliant with the jurisdiction your organization is registered in!

Add functions

Functions are like roles in an organization. They can be recurring and required on a long-term basis to sustain the company or one-off bounties. Recurring functions will be visible on contributors' profiles when they successfully complete work and provide an easy overview of their skills.

Function name

If you are creating a new function or bounty, come up with a title that closely represents the activity or role of the contributor on the project. You can use a common job title like "Designer" or as a verb-noun combination like "Designing Prototype", which will describe the function of the contributor like a specific, purposeful activity.

The latter makes the contribution more relatable and specific.

Assignee

Choose an account of a person from the list or leave it empty if you want people to apply for the role.

You can add contributors from other organizations if you reviewed their skills. Check out the following guide to learn how to find and identify talent:

pageFind talent

Tasks

Describe the responsibilities of the contributor on the project. The more specific the description, the more closely a stakeholder may examine the completion of the project. A more granular description will also increase the value of the reputation of the contributor after completing the project.

You can also describe the step-by-step workflow of the function on the project.

Compensation

Leave at 0 if the work is unpaid. Otherwise, make sure the amount has been discussed with the team and everyone feels happy with the result.

The secondary token can be any amount but needs to represent the purpose of the token. Make sure you discussed this with your team and have a clear definition of how the token should be used.

Additional cost

If part of the project cost goes to a treasury or external party, you can add a project cost here. It will be shown separately on the project, invoice and payment screen.

Start and end dates

Define when the project should begin and when it will end. It's highly recommended to conduct a retrospective upon ending a project.