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Title: Bitcoin Crowdfunding(Open Source) - Pledge 165 BTC Post by: fabianhjr on January 01, 2011, 02:59:26 AM Crowdfunding at a glance: It is a collective cooperation to fund a venture/project. It is pooling the money so _something_ gets done. A great example of this at work is Kickstarter (http://kickstarter.com/).
So the requirements are:
Design Documents: none yet Participants: none yet Pledges:
Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 5 BTC Post by: Bimmerhead on January 01, 2011, 05:13:40 AM This script isn't exactly what you're looking for, but it is an interesting spin on it:
http://www.guruscript.com/startups.php Basically people with bitcoin business proposals would post them at the site, and everybody pledges funding and votes on which proposal they would like to see funded first. The funding goes to the winner. Given that we are still a small community, this might be something to consider. Instead of having 10 partially funded projects, at least one project would eventually get fully funded and launched. Sorry if this is a hijack of your thread. :-\ Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 5 BTC Post by: fabianhjr on January 01, 2011, 05:37:10 AM Don't worry, though, what I am pleading for an FOSS solution which is based around Bitcoin. Wanna pledge?
Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 7 BTC Post by: Bimmerhead on January 01, 2011, 03:41:25 PM Sure, put me down for 20 BTC
Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 27 BTC Post by: fabianhjr on January 01, 2011, 04:14:31 PM There you are.; Thanks for the pledge. :) I do not collect any Bitcoins. I am going to PM the pledgers in the event that a candidate arises.
EDIT: Please, I know there are devs and pledgers who want this to be done. Post here. Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 30 BTC Post by: fabianhjr on January 02, 2011, 07:38:04 PM Something important that Kiba mentioned is that this is not the same as this section. This section is for crowdsourcing a job. You want something done and will pay for it. This crowdfunding allows presaling and market analysis before actually starting or to see if there is interest for a specific movie/documentary or even a product. I hope I had set differences aside and more people join the pledging or actually take on the job.
This is great for creative persons and entrepreneurs who want to start something. :) Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 30 BTC Post by: Vinnie on January 07, 2011, 10:07:00 PM This is an awesome idea! I see it as the future for intellectual property. For instance, I follow the comic book The Walking Dead. Many fans simply download a pirated copy every time an issue comes out. Sales suffer. Alternatively, the author and artist could withhold writing the next issue until enough fans have ploinked down a few BTC each. Larger donations toward the issue could get you a signed, collectors comic book in print.
Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 30 BTC Post by: Vinnie on January 08, 2011, 12:22:28 AM This is an awesome idea! I see it as the future for intellectual property. or fans live "am arsch der welt" / far far away where comics will be distributed in 1-2 years. so they pirate it away as soon as it is awailable ;)... Many fans simply download a pirated copy every time an issue comes out. Sales suffer. Alternatively, the author and artist could withhold writing the next issue until enough fans have ploinked down a few BTC each. Larger donations toward the issue could get you a signed, collectors comic book in print. Yes! So if I were the author, I wouldn't publish until I received a certain amount of money in donations; say 500 BTC. Once I have crowd sourced 500 BTC, then I publish the issue and upload the torrent tracker and the comic is free anyone to download. Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 30 BTC Post by: fabianhjr on January 08, 2011, 01:23:31 AM Yeap! This is pre-selling the comic and fits as a perfect example! Feel free to pledge for it. Also, the "reward" system would allow you to get exclusives like making a cartoon of you or he doing some comic signing at your city if you give him 10K BTC. The possibilities are endless and this should help authors, specially copyleft/copyfree ones, do some money so they can continue to make what they love!
Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 30 BTC Post by: kiba on January 08, 2011, 04:13:49 PM Yeap! This is pre-selling the comic and fits as a perfect example! Feel free to pledge for it. I am partial to the idea of letting the webcomic be free, and then selling mugs, goods, and exclusive access on the side. Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 30 BTC Post by: fabianhjr on January 08, 2011, 04:55:12 PM Well the artists need money to pay for food, healthcare, and what not. What he is suggesting is pre-selling the next issue until supporters get enough BTC for him and then he can release it for free! Kiba, wouldn't you like to do the same with your art?
Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 30 BTC Post by: kiba on January 08, 2011, 05:02:42 PM Well the artists need money to pay for food, healthcare, and what not. What he is suggesting is pre-selling the next issue until supporters get enough BTC for him and then he can release it for free! Kiba, wouldn't you like to do the same with your art? I just have different idea of a business model. Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 30 BTC Post by: fabianhjr on January 08, 2011, 05:10:08 PM Ok, well then, since you posted in this thread I invite you to at least provide feedback and/or implementing this at most. :P
Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 30 BTC Post by: Bruce Wagner on January 08, 2011, 05:47:19 PM This is a brilliant idea.
Basically a FOSS, Bitcoin-based, Kickstarter. I love it. Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 30 BTC Post by: Vinnie on January 08, 2011, 05:48:47 PM Well the artists need money to pay for food, healthcare, and what not. What he is suggesting is pre-selling the next issue until supporters get enough BTC for him and then he can release it for free! Kiba, wouldn't you like to do the same with your art? I just have different idea of a business model. The incentive structure in each will certainly effect the product. For instance, the pre-selling prior to publishing scenario will give the author an incentive to release little bits at a time with a lot of cliffhangers that will keep his audience scrambling for the next issue. Over the long run the author would still have to deliver a quality product. I think a smaller, dedicated fan base could support such a business model, allowing for more niche artists and authors. With the merchandising model it seems to me that your creations would have to permeate pop culture. Think Spider Man as opposed to The Walking Dead (the comic I mentioned above) which is released by an independent, creator owned publisher. Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 30 BTC Post by: kiba on January 08, 2011, 06:02:22 PM With the merchandising model it seems to me that your creations would have to permeate pop culture. Think Spider Man as opposed to The Walking Dead (the comic I mentioned above) which is released by an independent, creator owned publisher. No, I just have to be good as Misfile and Megatokyo. They don't permeates popular culture. Beside, I can alway sell graphic novel...at least until the dead tree format stop being collector items and just a bunch of paper with some data encoded in it. Beside, webcomic is a money making hobby, not a primary money grubbing and fame grubbing adventure. Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 30 BTC Post by: Bruce Wagner on January 08, 2011, 06:25:02 PM Sorry that this is so off-topic.... Perhaps this should be a new thread.... But, I wanted to say this:
Merchandising is pirated just as easily as digital content. I can make my own mugs and t-shirts with anything on it.... even easier than uploading something to bittorrent. _________ Ok, back to the topic at hand: FOSS, Bitcoin-based, Kickstarter Who's ready to begin developing it? I'll pledge BTC 100. My partner, Ed, pledge's BTC 35. ( ed@edwardgel.com ) :) Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 30 BTC Post by: kiba on January 08, 2011, 06:28:49 PM Merchandising is pirated just as easily as digital content. I can make my own mugs and t-shirts with anything on it.... even easier than uploading something to bittorrent. That may be so...but no self-respecting fan would buy merchandise that wouldn't support the artist. Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 30 BTC Post by: ColdHardMetal on January 08, 2011, 06:37:15 PM So what are you looking for here, projects that need funding or someone to handle the administration of the funding process?
Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 165 BTC Post by: fabianhjr on January 08, 2011, 07:20:31 PM No, basically if you have a project and need some funds or incentives then you post your project, set rewards for backers(Which could even be the product pre-selling), and enter a deadline that if the funding is not archived by that time everyone receives back their money because it isn't wise to ask someone to finish a $5K project with only $2K in funding.
Also, updated the thread to reflect the new pledges. :) Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 30 BTC Post by: Bruce Wagner on January 10, 2011, 09:51:57 PM So what are you looking for here, projects that need funding or someone to handle the administration of the funding process? Unless I am misunderstanding, the purpose of this thread is to raise funds as a reward (aka "a bounty") to be awarded to a DEVELOPER who would write the (free open source) software for a system for "Bitcoin Crowdfunding". Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 165 BTC Post by: fabianhjr on January 10, 2011, 11:00:38 PM Exactly, if you don't know what this is you may visit Kickstarter and see some of the success stories it had created.
/offtopic @bruce, sent you the first part of the translation. Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 165 BTC Post by: fabianhjr on January 19, 2011, 08:35:31 PM So, is anyone working on this?
Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 165 BTC Post by: idev on January 19, 2011, 09:30:50 PM So, is anyone working on this? Maybe this could be of some help to someone - > http://www.guruscript.com/donation.php of course its NOT open source ! Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 165 BTC Post by: QuantumMechanic on January 19, 2011, 11:24:56 PM Maybe this could be of some help to someone - > http://www.guruscript.com/donation.php From the website: "This license allows you to install the script on only 1 domain. Lifetime updates included.The software comes with no copyright and 100% Open Source"of course its NOT open source ! I guess this is why the F in FOSS is important. Wait, I'm confused... Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 165 BTC Post by: fabianhjr on January 19, 2011, 11:25:53 PM No this is for a FOSS platform for Bitcoin. xD I am aware that there are commercial solutions though. :P
(Free as in freedom and beer!) Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 165 BTC Post by: Stephen Gornick on January 20, 2011, 01:53:07 AM Does FiveGrinder meet the requirement (except for the open source requirement, at this time)?
http://fivegrinder.com/help/start Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 165 BTC Post by: matt.collier on May 04, 2011, 02:11:25 AM Is anyone working on this?
The last post is about fivegrinder.com which seems to be broken at the moment. Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 165 BTC Post by: Nefario on May 04, 2011, 05:36:12 AM I'm not working on it specifically but it is something that I could add to the glbse.com Stock exchange(earlier than I had planned).
It's 1/2 opensource right now (the client source is available), and the server will be made opensource in about 6 months(orr earlier if anyone wants to pay the release fee, essentially repay our capital investment). I will be implementing smart contracts, so the exact details could be specified in the contract. In terms of functionality, I could have the asset set that it requires all (or most) of the share/asset holders to vote to allow the funds to be released. And that only a fixed number of the share/asset can be released(so the issuer doesn't just issue more assets to themselves and vote to release the funds). And that if the amount is not met by a certain date all funds are returned to the asset holders. If I were to implement these features, would that qualify for the bounty? Also someone throw an extra 35btc in on the deal and I'll get it done done that little bit faster. Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 165 BTC Post by: unfinishe on May 04, 2011, 07:16:40 AM If nobody else has started really working on it, I suppose that I could make an effort. I'm still a student and not a terribly experienced programmer, but I love a challenge to learn new things and I happen to have a bit of free time on my hands at the moment. I'd even be willing to take a lower bounty adjusted for the difference in value between January and now, if you all would be willing to put up with my inexperience and perhaps throw a few pointers my way.
Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 165 BTC Post by: monkeykoder on May 04, 2011, 04:03:51 PM I am setting up a development server right now but I'm not exactly the best developer in the world. I'll see what I can do though.
Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 165 BTC Post by: Shortline on May 04, 2011, 06:27:58 PM This seems like a really, really good way to get exactly the people that would benefit from the bitcoin economy into the bitcoin economy. And the best part is that project creators can be from anywhere. Kickstarter currently accepts pledges from anywhere but
Here's a tricky question. How do you prevent people from doing this? http://www.kickstarter.com/help/faq#piPledToMyOwnProjFromAnotAccoAndNowMyAmazPaymAccoIsCanc Quote I pledged to my own project from another account, and now my Amazon Payments account is canceled?! Warning! Credit card rules forbid project creators from paying themselves. Any pledges made by a project creator to themselves may cause Amazon to cancel a project creator’s Amazon account, making it impossible to receive or remove funds. While Kickstarter prevents project creators from backing their own projects from the same Kickstarter account, Amazon will detect if the project creator uses a new Kickstarter account and/or a new Amazon account to make the pledge. Amazon looks for the credit card info as well as other primary information to determine if a party is attempting to pay itself. This is not an Amazon-specific policy — this type of transaction is considered an attempt to create a "cash advance" and is forbidden by all credit card companies. Please note that Amazon may not detect this action until a project succeeds and they attempt to collect funds. While the project will appear to succeed on Kickstarter, Amazon will later suspend any Amazon Payments accounts controlled by the project creator, making it impossible to receive/remove funds. My concern is that it's quite easy for scammers that already have a few bitcoins to fake interest in their project with shill accounts, draw honest contributors in and abscond with the cash when their funding is met. Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 165 BTC Post by: matt.collier on May 04, 2011, 06:55:01 PM @shortLine:
The Amazon situation you referenced has to do with somone trying to get a cash advance off their credit cards without it appearing to the credit card company as a cash advance and thus the company's rules and/or special interest rates relating to a cash advance are not applied. This is a non-issue with bitcoin. As for the recipient priming the pump in hopes to attract more donations... Would someone who might do that be more likely to run off with the cash than someone who did not make contirbutions to their own project? Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 165 BTC Post by: Shortline on May 05, 2011, 03:00:26 AM As for the recipient priming the pump in hopes to attract more donations... Would someone who might do that be more likely to run off with the cash than someone who did not make contirbutions to their own project? Scammers will almost certainly pop up unless the escrow period covers a long period of time after the goal is reached. This is a consequence of irrevocable transactions, which those Amazon payments are not. But you're right, I misinterpreted the FAQ there. Maybe it's not so bad. Long after the scammers are gone their projects will stay behind, and if it was worth the honest pledge the first time, perhaps a few of these projects will be worth taking up in an of themselves. That might sweeten the pill. And if you want to fund your own project openly, why not? It's just the prospect of shill accounts that concern me. Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 165 BTC Post by: unfinishe on May 05, 2011, 06:56:02 PM Quote Blogging capabilities with good access control over backers; Ex. A backer that gave 20 coins would not have the same access as someone who gave 200. I just want to make sure that I have the right idea in my head about this. Does this mean that the person who initializes the project (such as the graphic artist in the earlier examples) should be given a blog for the project with the ability to restrict what people see based on how much they've donated? (Perhaps for sneak peeks or something like that?) Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 165 BTC Post by: unfinishe on May 07, 2011, 01:13:56 AM I really like the idea, and I've been working on a design document the past couple days, but I just realized that none of the original posters have posted since the thread was resurrected. I'm kind of worried that nobody is interested in this project anymore. If anyone out there, especially the original posters, is still interested, please let me know!
Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 165 BTC Post by: Max Stirner on May 07, 2011, 04:55:58 PM I will donate 5 BTC for this project.
Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 165 BTC Post by: infra172 on May 07, 2011, 06:57:40 PM I have been working on a site that accepts Bitcoin and allows users to crowdfund and/or crowdsource projects. It should be ready soon. I began working on it before I even knew what Bitcoin was and have just discovered this thread.
I see that my website meets some of the criteria you guys have listed but I think I have a different take on the problem we're trying to solve. I will leave it up to you to decide if I deserve any of the bounties after I launch it. Either way, I would appreciate your participation and your feedback after I get it ready. Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 165 BTC Post by: fabianhjr on May 07, 2011, 10:36:59 PM First of all, most of the OPs and big pledgers are really active in the community, including brucewagner and me.
Second, I will remove the Design Document requirement becuase no one seems to be able to do one. And lastly, I will start developing an Open Source Crowdsourcing site. Stay tuned for more. PS: Still Alive Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 165 BTC Post by: unfinishe on May 07, 2011, 10:44:25 PM And lastly, I will start developing an Open Source Crowdsourcing site. Stay tuned for more. Oh, ok. I'm glad that somebody more experienced is going to do this. However, if there's anything I can do to help with coding or testing, please keep me posted. Quote PS: Still Alive Great, now that song is stuck in my head again. :P Title: Re: Bitcoin Crowdfunding(Open Source) - Pledge 165 BTC Post by: Stephen Gornick on May 12, 2011, 07:53:21 PM Second, I will remove the Design Document requirement becuase no one seems to be able to do one. And lastly, I will start developing an Open Source Crowdsourcing site. Stay tuned for more. PS: Still Alive Perhaps this open source project provides a base? - http://catarse.me/en - http://github.com/danielweinmann/catarse#readme Or, Akvo - http://akvo.org - http://github.com/akvo Or, - http://www.sarapisfoundation.org - http://www.beex.org - http://github.com/beexsvn/Beex.org |