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1  Economy / Trading Discussion / Re: Money Transfer Regulations on: June 02, 2011, 01:40:51 AM
I am planning to launch a crowd-funding platform called "Goodwill" (in 26 different languages), which looks/works rather like Kickstarter and several others, but which is completely free and aimed at helping fund entrepreneurs and change-makers in the least developed countries and other developing economies.  Of the 48 least developed countries in the world, 33 are in sub-Saharan Africa. 

The method of project funding the platform supports will be by pledging donations or goodwill-giving (hence the name), and instead of creating a liabiity, a profit share agreement or receiving shares in the venture, donors are rewarded with gifts which typically have no monatary value and are only intrinsiclly valuable to the project and donors.  Therefore no real-world purchase is being set up or transacted.

The plan is to have it available in English, French, Portuguese and Spanish plus the 22 'national' languages of Africa soon after launch.  The Goodwill platform and services will all be available entirely open-source and completely free to use.  And like the Ushahidi software, for example, there will also be a free hosted version in each language, with instant setup, which we will run on our servers. 

One of the major forms of investment or funding for these projects is anticpiated to come from the diaspora, and therefore a low cost method of transferring funds internationally is highly topical and important.

This is what's planned to roll out so far...

1.   Crowd VC Goodwill crowd-funding platform
2.   Crowd VC Goodwill crowd-funding platform (hosted solution)
3.   Crowd VC Goodwill Stock Exchange
4.   Crowd VC Goodwill Seed Money Startup Fund
5.   Crowd VC Goodwill Diaspora Fund
6.   Crowd VC Goodwill iPhone/3G App (with Bitcoin/M-Pesa type payment gateways)
7.   Crowd VC Goodwill Network (publishes projects to other crowdfunding platforms)

Our "big idea" is to help create a world in which even the poorest of us has the opportunity to reach their full potential and contribute to the well-being of their family, community, country and the world.  Our focus will be the least developed countries of the world, helping to fund projects which improve education, health, civil society and economic development with the intention of helping their economies reduce their dependency on multilateral and bilateral aid. 

From profits we are able to generate we will also create a 'Seed Money Startup Fund' as a source of ready capital capable of getting good ideas off the ground.  It will be run as an NPO (not for profit organization) and any surpluses will be reinvested in bringing new sustainable development projects to life.

I would be very pleased to have your thoughts and suggestions (or offers of help) to try and understand this project and how it relates to the issues which surround the topic specifically, and the brave new word of Bitcoin in general.
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