I am absolutely not asking for cash at this stage.

I have done the math, I have written the technical paper, and I have written the business plan.  Those documents will absolutely be publicly disclosed prior to me asking for funding. 

Right now, I am only looking for reputable community members to offer to essentially act as escrow agents who will dispense funds raised on a per need basis to keep the project accountable and the funders protected.  I am doing this prior to asking for funding to avoid a Mastercoin type fiasco! 

I am taking the first step toward crowd-funding my distributed alt-coin exchange project (before you jump to conclusions, keep in mind that this is not a full disclosure of the project.  It's project which is unique from other proposed exchanges).  Instead of directing fundraising to a personal address, I will be finding reputable members of this community to act as board members.  When an initial funding round begins, funders will send coins to a board member of their choosing's address.  These board members will serve the purpose of holding myself, and other co-founders of this project accountable by serving as escrow agents for the first round of funding.  They will dispense funds on a per-need basis for the project, or if it comes to it and the project folds, will return the remaining coins to the funders.

Please PM me if you are interested in being considered for a board member position.  I will provide technical information pertaining to the project, my executive summary, and my longer business plan.  Let me emphasize that Board Members are NOT funders.  They will be escrow agents directing the funds.  If at the point when initial seed funding begins, a board member chooses to fund the project, that is a separate decision.

Ideally, a board member applicant should have:
- High post count and activity within the community
- Shown positive contributions to Bitcoin or Altcoins
- A history of productive internet behavior (is not a troll)

Prospects will essentially go through a dual interviewing process in which you interview me, deciding if you're interested in the project, and I interview you, deciding if you're an ideal candidate for this role.

Some background on my motivation:

I've just gotten home from a trip to the bay area meeting with angel investors and vc's for a distributed altcoin exchange that I've been working on for the past month and a half.  I secured a tech partnership, and am waiting to hear from an angel investor.  Overall, it was a very productive trip, however, I was amazed at the ignorance toward bitcoin and alt-coin among some of the older tech elite in the area.  I walked into meetings expecting investors to have some prior knowledge of the bitcoin protocol, and its potential, but was amazed when meetings turned away from the details of my project and toward "why is there a need for an exchange?".  When I began trying to explain more advanced concepts like transaction scripting and smart contracts, I actually saw VC members become visibly annoyed, with comments like "virtual stock in a company, you're kidding..."

So driving home from my trip, I decided to make a shift from looking for traditional angel and vc funding, to preferring crowd funding.  This forum understands the potential of Bitcoin and Altcoins as a transaction protocol and building block for smart contracts, as well as the need for a truly decentralized exchange.

This is as much public information as I will disclose for now about the project details.  Feel free to PM me, whether as a potential board member, developer, or just an interested community member, and I will give more details pertaining to the project.

This thread should be used only to discuss potential board members, and the process through which I am proposing to fundraise.

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thanks!

Thanks for this thread.

I was at a loss as to what to post in the newbie subforum. 

Can I please play with the adults now?  Being a tadpole is so strenuous...