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Author Topic: Business Venture that Accepts Bitcoin (desire input)  (Read 2415 times)
Phinnaeus Gage
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October 13, 2012, 01:38:22 AM
 #1

EDIT: At the bottom of this post is the list of individuals who've earned one free premium account valued at $20 USD ($10 if BTC), redeemable once the site is up and running.



The first input I desire is to let me know which section I should put this in since I'm only at its preliminary stage.

It does consists of a product, but not a physical one unless merchandising related to the site is purchased (shirts, cups, etc.). It does not consist of barn wood, furniture, or hand tooled leather.

It'll be web based and not have Bitcoin in its domain name. Bitcoin could have a big part in this venture, but it's truly not needed. But since I'm a Bitcoin enthusiast, I feel it important to include it in this project. There will be a 50% discount on the primary site when any product/service offered is purchased with Bitcoin. Related merchandise can be purchased at cost (approximatley 20%) when using Bitcoin. All others using fiat pay full price. The majority of the products/service offered well generally be in the $1-$20 range.

I will be registering the .com domain name for 10 years, as well as the .net and .org for 1 year. Two similar names will be registered for all 3 TLD for 1 year, thus a total of 9 domains will be registered. I've always used Godaddy when I've registered in the past, but will strongly entertain using a domain provider by a seasoned bitcoiner in the spirit of keeping it ($) in the family.

This venture idea is not a ruse in any sense of the word. For an example, it's nothing along the lines of a hookah bar, revamping a theatre, buying a car or motorcycle, etc. The site will be 100% legit, although I have envisioned how it could be used as a mixer of sorts (this is the only time I will mention that concern).

I will need programmers on an ongoing basis, up to the point where the site is fully functioning, then beyond. To know if your skills are needed, I will be outlining certain things that I desire the website to do, albeit they will be vague at first to not let the proverbial cat out the bag prior to launch.

I'm planning on doing this endeavor out of pocket, but now am toying with the idea of having investors. <it was at this point that having investors entered in the grand scheme of things entered my mind--it was later that I refer to this point as to having an epiphany> The only reason for investors is to have the full product/service up and running in a quicker time frame. All the investor's money will go toward the development of the project, where I pocket no moneys from the initial sales until all investors are paid. I will pay back 100% plus the initial investment within a year (let's call it 364 days) to the initial investors, with any further investors coming on board receiving a prorated return. Chances are very good that all will be paid back in a much quicker time frame with the full 100% interest, but wanted to give myself a little cushion.

All investors will receive the main product/service free of charge valued up to the total of amount they have invested. If an investor invested $100, they receive a $100 service/product free, the same exact item as if they were only an actual customer.

Once the site it fully up and running, I will probably need a full time staff to run the thing, making sure the backend is always working. This will be a huge site and will demand a lot of attention. I don't foresee needing a large office building to maintain this thing, but that's not out of the realm of possibility further down the road. That said, the goal is to have all the staff working from their homes or current offices.

The one person I desire to be on board down the road is Rassah as the CFO. I have not spoken with him, nor anybody else for that matter, about this project.

That's it for now. Please ask any questions, and let me know if this thread needs to be in a different section. Perhaps at its current state, probably not, but hopefully by tomorrow I will have a new thread up in the proper section.

~Bruno K~



The running list of those entitled to one free premium account (individuals and company owners are treated separately, therefore it's possible for one person to have more than one premium account, e.g., edd):

  • All admins/mods of this forum (past, present & future).
  • Owners of companies that accept Bitcoin and their staff, no matter how small their concern.
  • All those that have sent me a PM or email helping me with this endeavor, but haven't commented on any threads related to this project.
  • All those that I've ever been critical of in the past for one reason or another. e.g.: Josh; Bruce Wagner; Atlas; etc. Simply contact me with a quoted text, and one premium account is yours for the asking.
  • psy
  • Martin666
  • LoupGaroux
  • teflone
  • bbit
  • TradeFortress
  • edd
  • rexcoin
  • teamhugs
  • RandomQ
  • bytedisorder
  • YOKU
  • caffeinewriter
  • firefop
  • nomorecoin
  • gweedo
  • Any other member of this forum will receive, for free, a $1 USD premium account, which will be worth more than that proverbial buck, and you'll see why once the site is live.

The individual names on the above list were gleaned from those who've currently posted in threads related to this endeavor.

There is one main caveat. Although I've stated that I will refrain from mentioning the investor aspect of this endeavor prior to its soft launch, any investors will be given first choice of premium spots, but don't worry, when you see what the site consist of, a myriad of valuable opportunities will still be readily available. That's even indicative of somebody from the wild purchasing any tier account a year, or years, from its inception. I'm so excited, if there were a pony with a pink tale about, her 'tale' would be mine.

All other members of this forum entitled to the $1 USD premium account (see end of list) will be able to activate their accounts after any investors and those on the list above have already gotten theirs.

~Bruno K~
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Phinnaeus Gage
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October 13, 2012, 01:49:04 AM
 #2

If I felt that Wordpress as the CMS would fit the bill, I probably could build the majority of it myself, but knowing that that's probably not the case, I don't want to build the site using an inferior CMS, then have to pay a hell of lot more to move it using a proper CMS for all the tasks needed. That's not even counting the down time that that would entail.

~Bruno K~
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October 13, 2012, 03:40:46 AM
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To be clear, no investment moneys will be requested until the domain names are purchased and the main .com domain name is hosted and paid for a year in advance, with a simply site up and running (probably an FAQ page).

Like I said, I could do this endeavor without investors, but am willing to provide a unique investment opportunity with virtually zero risk.

Looks like I'll need a reliable hosting site as well.

So far I need:

  • A domain provider for 9 domain names, the main one registered for 10 years. (not price shopping, just wanting to purchase from a fellow bitcoiner)
  • Hosting (price more important, but not as important as being 99.99999999% reliable)
  • Programmers and developers to ask questions to see exactly what I need to get this a rollin'. (will pay prevailing rates)

The main domain name (word) I have in mind in using consist of one that has less than 100 hits on Google, most of them mundane in nature.

I'm 95% certain that I'm going to use my real name and address when registering and not use a proxy. All other domains I've registered in the past consisted of using my real name, but always used a proxy.

~Bruno K~
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October 13, 2012, 12:07:58 PM
 #4

You should use Internet.bs to register your domain names. They don't accept Bitcoin but prices are good and they have free whois privacy(not just the first year). Also, they're anti-SOPA and are offshore(Bahamas).

You seek programmers but you should tell some of the things you want programmed or else nobody will be able to know if their skills are needed.
I read the whole thread and the only thing I managed to understand is that you want investors lol

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October 13, 2012, 04:13:15 PM
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Hi,
Good luck with your project, although you are quite mysterious about it...

If I understand you correctly, you are asking for a loan.
You want to give a rate of 100 % per year on the initial investment.
Are you gonna pay this back in cash and a product in the same value or
 just the initial investment and your product in the same value?

"to provide a unique investment opportunity with virtually zero risk."
That would be new to me, a start up with virtually zero risk and already in the first year...breakeven.

Cheers
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October 13, 2012, 04:41:33 PM
 #6

You should use Internet.bs to register your domain names. They don't accept Bitcoin but prices are good and they have free whois privacy(not just the first year). Also, they're anti-SOPA and are offshore(Bahamas).

You seek programmers but you should tell some of the things you want programmed or else nobody will be able to know if their skills are needed.
I read the whole thread and the only thing I managed to understand is that you want investors lol

Thanks, psy, if that's your real name  Grin, for taking the time to read the thread and offer up your suggestions and opinions.

Although Internet.bs is a kind suggestion for registering the domains, for sure on this aspect I would rather purchase from a fellow Bitcoiner, mainly as a goodwill gesture toward the community for sometimes having to put up with my shenanigans.

The same for hosting, but reliability is critical and must be able to handle a large site. I would even consider Josh's data center for this aspect if I felt it could fit the bill.

On the seeking-investors concern. Seriously, when I started penning this thread, having investors wasn't even on my mind. But somewhere around penning the second paragraph, I had an epiphany of how I can safely incorporate that aspect into the mix. My follow-up posts also mentions the "I" word, among others things, thus you seeing that the main theme of this thread is seeking investors.

So, to be clear, I guess I will be seeking investors who want to double their money, but not till I have outlaid the initial investment to get the project registered and hosted. That said, I should have no need to speak of investors from this time forward until that time is warranted.

I feel that keeping this thread in this section is fine until I get the domain names registered and have secured hosting, then start a new thread in either the Project Development or Lending sections.

The main goal of this thread is to seek programmers capable of building the damn thing. Upon further research, I did find a site that leans toward what I have in mind, albeit it falls short: http://www.themillionpagewebsite.com/

I was not aware of that site prior to posting this thread. My idea has nothing to do with a million pixels either.

For starters, can somebody take a look at that site and see what programming language it probably uses as its back-end? Aside from having a good grasp on HTML and CSS, all other languages are beyond me, but I do know what I want and how the beast should perform.

It will be a Rated G site, thus no porn, gambling, etc., related content. It will be member based, but non-members will be able to peruse the entire site.

Bitcoin will be a major part of this project, but as I mentioned earlier, I could easily develop this idea without having Bitcoin in the mix whatsoever. But by incorporating Bitcoin, a broader audience will now be exposed to Bitcoin and members will be able to purchase the product/service it'll provide and enjoy a 50% discount when paying with Bitcoin.

Again, I don't have the foggiest idea of what type of programming all this entails. But if the programmers here ask if I desire my site to do X, I can easily say yes or no with elaboration, thus in time able to see exactly what's needed. I'm pretty sure that at first NASA didn't realize they needed a Saturn V rocket to get to the moon until questions were asked of their engineers. They did know that building a Buck Rogers rocket ship wouldn't get them to orbit, let alone off the launchpad.

~Bruno K~
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October 13, 2012, 04:47:56 PM
 #7

Hi,
Good luck with your project, although you are quite mysterious about it...

If I understand you correctly, you are asking for a loan.
You want to give a rate of 100 % per year on the initial investment.
Are you gonna pay this back in cash and a product in the same value or
 just the initial investment and your product in the same value?

"to provide a unique investment opportunity with virtually zero risk."
That would be new to me, a start up with virtually zero risk and already in the first year...breakeven.

Cheers

Putting it that way, it kinda does look disingenuous, but as you'll read in my post above this one, the investment aspect will be discussed at a later time. Once it's put on the table, I look forward to reading any naysayer posts.

That said, any questions about programming is duly welcomed at this stage of development.

~Bruno K~

EDIT: I'm only being mysterious about the project until I register the domain names and get an initial page hosted. All will be revealed prior to seeking any investors if needed.

One more thing. All investments moneys will go to the developers. Not a cent or satoshi will reach my dirty fingernail hands. I desire Rassah to handle all the monetary aspects of this endeavor, naming him as the CFO. Besides the programmers, and the paying back of any investments, he will be the only one drawing a wage for his efforts.

A qualified program could be in a unique position if he/she wants to take on the project without any initial payment, but rewarded twice their nominal/prevailing wage if developing a similar project. They would start recognizing said payments almost immediately, thus not having to wait a long period of time to get moneys into their coffers.
 
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October 13, 2012, 05:14:45 PM
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Bruno-

I know bupkiss about programming (at least in any current language, I can troubleshoot COBOL and FORTRAN pretty damn well!) I don't really have a horse in the Domain Registry race (I did register 1,800 sites with Go Daddy one night for a failed venture, using an attorney's credit card) but I do know a fair bit about marketing, especially of the online variety, and am a shameless whore when it comes to promotions and PR. And I have been told that I turn the odd phrase well here and there. If these talents have any potential application in this mysterious, but somewhat compelling project of yours, I would be delighted to bring my humble talents to bear.

And I live within the fallout radius of Sandwich/Yorkville, so I am available for high level corporate consultation over a cold beer as needed. And I am a big fan of old barns (see that shameless "what you did there" move?) having been harassed by the authorities for photographing one which later appeared in a gallery show of my work (yeah, I am a scofflaw when it comes to anti-trespassing law, especially in the middle of nowhere in Addy, WA and a barn that hadn't seen human occupation in decades and needed to be photographed in that perfect light, but I digress).



 
 
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Phinnaeus Gage
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October 13, 2012, 05:30:02 PM
 #9

Bruno-

I know bupkiss about programming (at least in any current language, I can troubleshoot COBOL and FORTRAN pretty damn well!) I don't really have a horse in the Domain Registry race (I did register 1,800 sites with Go Daddy one night for a failed venture, using an attorney's credit card) but I do know a fair bit about marketing, especially of the online variety, and am a shameless whore when it comes to promotions and PR. And I have been told that I turn the odd phrase well here and there. If these talents have any potential application in this mysterious, but somewhat compelling project of yours, I would be delighted to bring my humble talents to bear.

And I live within the fallout radius of Sandwich/Yorkville, so I am available for high level corporate consultation over a cold beer as needed. And I am a big fan of old barns (see that shameless "what you did there" move?) having been harassed by the authorities for photographing one which later appeared in a gallery show of my work (yeah, I am a scofflaw when it comes to anti-trespassing law, especially in the middle of nowhere in Addy, WA and a barn that hadn't seen human occupation in decades and needed to be photographed in that perfect light, but I digress).


You sold me on trespassing, barns and photography (I do need to Google whore though). I truly do like you and never considered you a troll in my mind as others have espoused, albeit could be true, but meh (don't even know if I used that word correctly). That said (damn, I loathe that phrase, yet continue to use it), I would love to have you handling the PR/marketing aspect of this endeavor. The position holder will even be paid the prevailing-plus rate.

The project is starting to take shape:

  • CEO: Bruno K (confirmed)
  • CFO: Rassah (unconfirmed)
  • CMO: Loup G (unconfirmed)

~Bruno K~
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October 13, 2012, 06:30:00 PM
 #10

Looks like a list of Furry sympathizers...   Grin







Im just teasin..   Tongue

For Canadians by Canadians: Canada's Bitcoin Community - https://www.coinforum.ca/
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October 13, 2012, 06:45:32 PM
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Says the slick Teflon one... jealousy is not becoming.


 
 
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October 13, 2012, 06:51:41 PM
 #12

Site aspects:

Will be laden with images. One image per page with a minimum and maximum size and resolution requirement. No copyrighted images allowed.

There will be no advertising except by the respected page owner if they choose to link to a page they own offering up their wares...

...With the exception of having a link on each page to the merchandising site offering up physical products related to the main site's content. I'm willing to hand this aspect over to somebody else to run and they can keep all the profits. At first, I would only own the domain name that said entity relies upon, but in time would not hesitate giving that up to the guy or gal hosting said site, provided it continues to work in concert with the main site. I'm not greedy, and this is a great opportunity for somebody who knows how to develop and maintain such a Cafe Press type site. (CP used as an example)

Members will receive Bitcoin in the form of some micro payment, whereas non-members will receive 1/100th the amount. More on this later.

The cheapest membership rate is $1 USD or half that amount if paid with BTC. Members can have unlimited pages that require payment per verified email account, whereas non-members will only be allowed one page per email account.

I may forego registration via email if a micro payment via Bitcoin is provided.

The maximum rate for any page is $20 USD (again, half that amount if paid for in BTC).

Any page purchased can be sold to some other person or entity, without incurring any fees. It's not outside the realm of possibility that a certain page will demand a high value, and an establish corporation desires to own it. But only those paying at the premium $20 USD rate (half with BTC) will be able to sell their page, thus non-paying members will not be able to reap any rewards in this regard.

If a non-paying member has claim to one page, his claim will be bumped to the first paying member desiring his page.

Each page will be based on a tier aspect.

Using tomato as example purposes only:

A non-paying member using one registered email account puts up a page entitled Tomato. The URL would be https://domainname/tomato.

Another guy comes along and desires tomato. To bump the first guy, he pays $1 USD and now has https://domainname/tomato for his very own for no less than 30 days. If no other desiring tomato is in the queue, the page's info doesn't change. At the very bottom of the page, there'll be a link to the history of the tomato page, whereupon the non-paying member's original page will be revealed, but with a different URL of course--something along the lines of https://domainname/tomato/free.

Let's say that on day 16 some guy comes along and wants https://domainname/tomato for his very own next. He'll have to pay $2 USD, twice the amount, to hold it for twice the timeframe, in this case two months, and his content will become available on the 31st day. Or he could purchase any of the following, provided nobody else has purchased prior according to the following tentative rates:

  • $1/first 30 days
  • $2/following 60 days
  • $4/following 120 days
  • $8/following 240 days
  • $16/following 480 days
  • $20/indefinite with resale rights

Thus, the history of the tomato page may have the URLs as follows:


For indexing purposes, something other than level1 or level4 in the URL is an important issue that'll need addressing from a marketer's standpoint. https://domainname/tomato should have no problem being index on the first page of Google once the site becomes populated.

Again, tomato is only used as an example, and the site has nothing to do with fruit or vegetables.

According the chart above, one can buy in at any rate, but may have to wait till the time spot becomes available if purchasing a lower or mid-range package.

A paying member can transfer off any page at any time and apply the balance toward a different page. For an example, a guy may now want Grape at https://domainname/grape for two months (or eight, or indefinite). He gets it free of charge, and only has to wait till the any current claim expires, if the case may be. Once he fully transfers out, the previous claim holder moves back in as the current holder of said spot. Emails will be automatically sent to all parties involved detailing what has, or is about to, transpire.

~Bruno K~
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October 14, 2012, 01:58:13 AM
 #13

I read the whole thing and wanted to say good luck and I wish you the best! I'll keep checking back in to see how things are going.  Grin
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October 14, 2012, 02:22:08 AM
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I read the whole thing and wanted to say good luck and I wish you the best! I'll keep checking back in to see how things are going.  Grin

Thanks, bud. The worse case scenario is that I would end up wasting a lot of time and be out several thousand dollars, but I can fade that.

One unique feature I'm planning on implementing is that every person who signs up receives a micro rebate of a yet to be determined amount in Bitcoin if they pay for a product/service via the other payment options. This may be accomplished via a link in their email showing the receipt for their recent purchase. The link will direct the user to some newly created free Bitcoin site, or I may opt to partner with an existing one in exchange for a free, or deeply discounted, advert. Or I may pay the prevailing rate, and offer the highest micro payment reward. On the surface, that sounds like the better option.

Since I'm doing this one step at a time, I recon I could start a thread in the correct section seeking domain registrars. That way I can view all the options under one thread.

~Bruno K~

EDIT: The thread where I'm seeking domain name registrars can be viewed here: https://bitcointalk.org/index.php?topic=118346.0
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October 15, 2012, 10:53:55 AM
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I'm a web developer experienced with Wordpress, PHP, MySQL as well as web design and Flash and can be your programmer. My rate is 1.5 BTC / hour. Contact if interested.
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October 15, 2012, 03:55:03 PM
 #16

I'm a web developer experienced with Wordpress, PHP, MySQL as well as web design and Flash and can be your programmer. My rate is 1.5 BTC / hour. Contact if interested.

In the spirit of full transparency, I currently have another person in mind to handle this task, put if for some reason I need to seek out another programmer, I will contact you or some other who PMs me or adds their desire to be part of this endeavor on this thread.

~Bruno K~
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October 16, 2012, 12:35:24 AM
 #17

Bruno-

I know bupkiss about programming (at least in any current language, I can troubleshoot COBOL and FORTRAN pretty damn well!) I don't really have a horse in the Domain Registry race (I did register 1,800 sites with Go Daddy one night for a failed venture, using an attorney's credit card) but I do know a fair bit about marketing, especially of the online variety, and am a shameless whore when it comes to promotions and PR. And I have been told that I turn the odd phrase well here and there. If these talents have any potential application in this mysterious, but somewhat compelling project of yours, I would be delighted to bring my humble talents to bear.

And I live within the fallout radius of Sandwich/Yorkville, so I am available for high level corporate consultation over a cold beer as needed. And I am a big fan of old barns (see that shameless "what you did there" move?) having been harassed by the authorities for photographing one which later appeared in a gallery show of my work (yeah, I am a scofflaw when it comes to anti-trespassing law, especially in the middle of nowhere in Addy, WA and a barn that hadn't seen human occupation in decades and needed to be photographed in that perfect light, but I digress).



I wish I could contribute but it looks like my relevant skillset is already covered by LG.  In any case, I have so many projects demanding my attention, I feel like a one-armed juggler.

I do, however, have a Reseller account with my hosting provider which would allow me to pass on some savings if you would accept me as an agent working on their behalf. All my sites are hosted with them and I haven't experienced any problems or unscheduled downtime in the four years I've been using them. The price for a basic hosting package will run about 0.65 BTC per month at the current exchange rate.

Still around.
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October 16, 2012, 01:09:57 AM
 #18

Bruno-

I know bupkiss about programming (at least in any current language, I can troubleshoot COBOL and FORTRAN pretty damn well!) I don't really have a horse in the Domain Registry race (I did register 1,800 sites with Go Daddy one night for a failed venture, using an attorney's credit card) but I do know a fair bit about marketing, especially of the online variety, and am a shameless whore when it comes to promotions and PR. And I have been told that I turn the odd phrase well here and there. If these talents have any potential application in this mysterious, but somewhat compelling project of yours, I would be delighted to bring my humble talents to bear.

And I live within the fallout radius of Sandwich/Yorkville, so I am available for high level corporate consultation over a cold beer as needed. And I am a big fan of old barns (see that shameless "what you did there" move?) having been harassed by the authorities for photographing one which later appeared in a gallery show of my work (yeah, I am a scofflaw when it comes to anti-trespassing law, especially in the middle of nowhere in Addy, WA and a barn that hadn't seen human occupation in decades and needed to be photographed in that perfect light, but I digress).



I wish I could contribute but it looks like my relevant skillset is already covered by LG.  In any case, I have so many projects demanding my attention, I feel like a one-armed juggler.

I do, however, have a Reseller account with my hosting provider which would allow me to pass on some savings if you would accept me as an agent working on their behalf. All my sites are hosted with them and I haven't experienced any problems or unscheduled downtime in the four years I've been using them. The price for a basic hosting package will run about 0.65 BTC per month at the current exchange rate.

If you're speaking of futurequest.net, it looks as if they'll fit the bill nicely. When the time comes, I will get back with you so that you can reap the referral reward.

~Bruno~
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October 17, 2012, 10:47:09 PM
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Hey Phinnaeus Gage,
I use to be part of a site that does something similar to what you want to do.
the site was www.weblo.com - did that site inspired you to do something like it?
Although your ideas does seem ALOT more profitable lol - i think weblo stop paying out or something - its been like 2 years since i stoped.

Anyway good luck on the project!
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October 18, 2012, 12:39:07 AM
 #20

Hey Phinnaeus Gage,
I use to be part of a site that does something similar to what you want to do.
the site was www.weblo.com - did that site inspired you to do something like it?
Although your ideas does seem ALOT more profitable lol - i think weblo stop paying out or something - its been like 2 years since i stoped.

Anyway good luck on the project!

This is the first time I've heard about weblo.com. Goin' to check it out now.

~Bruno K~
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