Trust, Safety & Legal
Security, IP ownership, code visibility, dispute resolution, fraud prevention, and terms
Trust, Safety & Legal
How We Build Trust
TheAICoder is built on radical transparency. Unlike traditional crowdfunding where you hope the creator delivers, you can verify every aspect of your backed projects yourself.
Transparency Mechanisms
Complete Visibility
Everything is public:
| What | Where | Access |
|---|---|---|
| All code | GitHub | Anyone |
| All spending | AI Receipts | Anyone |
| All usage | Backer Dashboard | Backers |
| All decisions | PR Discussions | Anyone |
| All progress | Live Streams | Anyone |
You can verify:
- Every line of code is on GitHub
- Every dollar spent has a receipt
- Every AI interaction is logged
- Every merge is reviewed
- Nothing is hidden
Incremental Progress
Work happens in small, visible chunks:
Week 1: Auth feature deployed
Week 2: Search feature deployed
Week 3: Payment integration deployed
...
Not: Wait 6 months, hope for the best
You can tell if a project is:
- Making progress (regular commits)
- Stalling (no activity)
- Struggling (failing tests)
- Succeeding (features shipping)
What We Guarantee (And What We Don't)
We DO Provide
- Complete transparency - See everything
- Open source code - Fork anytime
- Fair token spending - AI receipts verify
- Community oversight - Everyone can watch
- Ability to fork - Code survives
We DON'T Guarantee
- Project will be commercially successful
- Users will pay for the app
- Project will be completed
- Software will work as expected
- Timeline accuracy
This is backing projects you want to use, not a traditional purchase. Some projects succeed, some fail. Transparency helps you make informed decisions.
Creator Accountability
Reputation System
Pitchers build visible track records:
- Number of projects pitched
- Number successfully launched
- Backer satisfaction ratings
- Community ratings
- Badges earned
Before backing, you can see:
- Pitcher's history
- Previous projects
- Community feedback
- Success rate
Abandonment Protection
If a pitcher abandons (90+ days inactive):
- Detection - Platform flags inactivity
- Warning - Notification to pitcher
- Grace period - 30 days to respond
- Community vote - Elect new maintainer
- Takeover - New leader continues
The code survives because:
- Everything is open source
- Anyone can fork
- Community decides direction
- New team can continue development
Understanding Risks
Non-Refundable Pledges
Once you back a project, tokens are converted to compute and cannot be refunded.
Why?
- Tokens immediately fund AI development
- Compute is consumed instantly
- Can't "un-write" code
- Prevents gaming/manipulation
Risk Mitigation
Smart backing strategies:
- Start small - $10-50 first pledges
- Diversify - Back multiple projects
- Watch first - See Phase 1 progress
- Research pitchers - Check track records
- Only pledge what you can afford to lose
Compared to Alternatives
| Risk Factor | Kickstarter | Hiring Devs | TheAICoder |
|---|---|---|---|
| Transparency | Low | Low | High |
| Refunds | Limited | None | None |
| Failure rate | 40%+ | 30%+ | Variable |
| Code access | None | Depends | Full |
| Continuation | Unlikely | Unlikely | Forkable |
What You Get
As a Shark (Backer)
You receive utility benefits:
- Prepaid credits (use at wholesale rates)
- Perpetual discounts (50-100% off creator fees)
- Cost Plus Ten pricing (perpetual)
- Voting power on product features
- Discount Token (transferable)
You do NOT get:
- Equity in any company
- Revenue share or passive income
- Intellectual property ownership
- Control over project decisions
Code Ownership
All code is open source (MIT License):
- Anyone can use it
- Anyone can modify it
- Anyone can distribute it
- Anyone can commercialize it
The pitcher retains:
- Brand/trademark rights
- Business operations
- Customer relationships
- Platform presence
Legal Framework
Terms of Service
Key points:
- Pledges are non-refundable
- Tokens are utility credits for compute
- Code is open source
- Platform takes operational fee
- Disputes resolved through arbitration
Utility Token Model
Tokens are:
- Prepaid compute credits
- NOT securities or investments
- NOT cryptocurrency
- Similar to AWS credits or gift cards
Backers receive:
- Usage discounts (utility benefit)
- Voting rights (governance)
- Prepaid credits (service access)
- NOT passive income
Disputes
Resolution process:
- Direct communication - Talk to the pitcher
- Community mediation - Neutral community members
- Platform arbitration - Binding decision
- Legal action - Last resort, rare
Most disputes are resolved at levels 1-2.
Payment Security
Token Purchases
Processed by Stripe (PCI DSS Level 1):
- Credit cards encrypted
- We never see card numbers
- Fraud detection enabled
- Secure checkout
Creator Compensation Payouts
Payment methods:
- Bank transfer (ACH) - Free
- PayPal - Small fee
- International wire - Fees vary
Verification required:
- Identity verification for payouts >$600
- Tax information (W-9 or W-8BEN)
- Bank account verification
Privacy
Data We Collect
Required:
- Email address
- Payment information (for purchases)
- Account activity
Optional:
- Display name
- Profile picture
- Social links
- Phone (for 2FA)
Data We DON'T Sell
Never:
- Your email to third parties
- Your payment info
- Your activity data
- Your personal information
Data Rights
You can:
- Export all your data
- Delete your account
- Control visibility
- Opt out of marketing
Platform Survival
What if TheAICoder shuts down?
Code survives:
- All repos are on GitHub
- You can fork immediately
- Community can continue
- MIT license is permanent
Your benefits:
- Discount tokens may transfer to forks
- Code remains accessible
- Community can elect new maintainers
Decentralization Roadmap
Moving toward:
- DAO governance for parameters
- Community control of platform
- Reduced dependence on central team
- Resilient infrastructure
Security
Account Security
We provide:
- Password hashing (bcrypt)
- Two-factor authentication
- Session management
- Login notifications
You should:
- Use strong passwords
- Enable 2FA
- Monitor login activity
- Report suspicious activity
Code Security
AI-generated code is:
- Trained on secure patterns
- Reviewed by humans
- Scanned for vulnerabilities
- Auditable by anyone
Vulnerabilities:
- Can be reported by anyone
- Bounty rewards available
- Fixed promptly
- Disclosed responsibly
Community Guidelines
Expected Behavior
Do:
- Be respectful
- Give constructive feedback
- Help newcomers
- Report issues honestly
- Participate in good faith
Don't:
- Harass or attack others
- Spam or self-promote excessively
- Manipulate votes
- Share confidential info
- Plagiarize content
Enforcement
Violations result in:
- Warning (first offense)
- Temporary suspension (repeated)
- Permanent ban (severe/persistent)
- Legal action (if warranted)
FAQ
Q: Is this a scam?
No. But verify for yourself:
- All code is public
- All spending is tracked
- Community watches everything
- Start with small pledges
- Due diligence is encouraged
Q: What if the pitcher takes the money and runs?
They can't hide:
- Code is visible (or lack thereof)
- Spending is tracked
- Community sees inactivity
- Reputation is public
If abandoned:
- Community can fork
- New maintainer elected
- Code continues
- Your pledge funded real code
Q: Is this regulated?
We operate as:
- Software-as-a-Service platform
- Utility token model
- Open source contributions
Tokens are:
- Utility credits (not securities)
- Not cryptocurrency
- Not investment contracts
- Prepaid service credits
Q: How do I know the AI isn't wasting money?
AI receipts show:
- Every interaction cost
- What was built
- Whether it succeeded
- Comparable efficiency
You can audit:
- Compare receipts to code
- See if spending matches progress
- Report suspicious patterns
- Community monitors
Trust through transparency. Verify, don't just believe.
Tokens are utility credits for compute services. This is not investment advice. There is no expectation of profit from the efforts of others.
Last Updated: December 2024