Sure I'm full of ideas...
How about the Bitcoin Shark Tank?
What you do is get 5 Bitcoin investors together to listen to people pitch their ideas. Then those that come begging for Bitcoin will have to explain their idea, show how much they earned so far, and what their projections are for the next year. Then the Bitcoin Sharks will either make an offer or kick them out. Funny thing tho... All those that came begging for money on the 'real' Shark Tank with just an 'idea' got kicked out pretty quickly.
P.S. I want 5% royalties in perpetuity for this 'idea'...
Thus, there should be a recorded five-member panel in place just to listen to the ideas. Only those ideas deemed viable by ALL five members are allowed to advance to the next round.
The next round consist of pitching the ideas to a recorded five-member panel made up of cryptocurrency expects(?) in various aspects of said space. A simple majority vote advances the idea to the VC round recorded (or live) in front of a studio audience. (I have an idea as to how the studio audience could play a vital role in the selection process of some ideas: A VC is on the fence and request a vote from the audience. This option is available only once by a single VC, thus blocking other VC from using this option for any one idea, and not allowed to use it again during a 5-idea-pitching session.)
Incorporate the ability for viewers to fund contestants, and we just may have the makings of a successful show.
Those that don't make the first cut win a pair of alpaca socks for participating.
Those that don't make the second cut win a coupon for a free pizza from (pizza sponsor).
Those that don't make the final cut win (?, having [much] more worth than a free pizza) and are allowed to re-pitch to the second round panel, but MUST achieve 100% approval before pitching anew to the VC.
The VC panel could easily represent big-named investors that don't necessarily need to be present, but represented by a trusted partner/employee of theirs. Surely, the likes of Tim Draper don't have time to allocate to such a show, albeit, in this example, son Adam would suffice.
Having "Boost" in the show's title could get Tim/Adam excited enough to back the project. Sans putting much thought into its naming, Crypto Boost first comes to mind.
The following is provided for inspiration as to what a good name for this show could be:
http://en.wikipedia.org/wiki/Shark_Tank#See_alsoBeyond the Tank (spinoff)
American Inventor
The Big Idea
Fortune: Million Pound Giveaway
Win In China
The Profit
Redemption Inc.
Dragons' Den
Shark Tank (Australian TV series)
I would love to be on the panel for the first [idea] round.
P.S. I want 5% royalties in perpetuity for this 'idea'...
BTC_Bear, would you settle for a paid position of the first round (unless you're qualified to be a member on one of the other two rounds, that is)?
http://en.wikipedia.org/wiki/Venture_capital#RolesVenture partners are expected to source potential investment opportunities ("bring in deals") and typically are compensated only for those deals with which they are involved.
Brainstormin' to the nth degree, first round panel members (
venture partners) would garner 1% each of the grand total funded, with the second round members garnering 3% each of same, thus equating to 20% doled out to ten panel members. Seems steep, but open for discussion, considering that if an entity requires $80K USD, they'd have to ask for $100K USD so that the initial 10 panel members are paid accordingly.
Another thought just came to mind prior to posting this. Somehow we can incorporate an Angel Investment round somewhere between the other rounds of which no moneys are awarded to panel members if such funding is successful. We would only get paid if they return with a polished idea and advance accordingly to obtain VC funding.
