Hey guys,
This post is being written as a result of this thread :
https://bitcointalk.org/index.php?topic=1530158.msg16802826#msg16802826 If you haven't read it - do take a look.
Now, down to business.
The proposal : I'd like to write a book on the varying scams and associated stories of the crypto-world with the rise of ICO's over the last few years. This will not be an investigative piece looking toe expose people, nor a critique on the industry, but much rather a tale of how projects evolved, failed and left people holding bags and their related stories for people beyond the eco-system to read. My intention of the project is to document the means through which finance is evolving and the nature of start-ups within the eco-system have drastically changed with the rise of access to cheap and easy capital. The idea is to take the role of a start-up enthusiast that analyses the massive failures we have had and the associated learnings from it. The end objective is to show the larger population the effort that goes into certain projects and the potential they hold. I've shown a certain amount of flair and interest in writing over the past few months - with some of my work here being active engaged with and I believe this should be the next step for me.
The what. I'd like to raise a total of 15 Bitcoins. (oh crap, a raise for money!)
Well, hear me out.
-All money goes into an escrow account. None of which I will have access to.
-Money will be released as I pass through the creative process. Benchmarks will be set in regards to word-count, research and work done for release
-My objective is to hit 225k words over a month or roughly about 8000 words a day. On each day I hit the bench mark - 150 USD will be released to me
-On days I don't hit it - none of it is released and it stays in the escrow fund.
-The rights to profits attained - can be shared with those funding the project (although I should research into this)
-Of the 10k raised -5000 will be kept aside purely for marketing the work and spreading word.
-Assuming copies are sold at 10 USD - even hitting 1000 paid customers should help receive the money back.
-My intention of taking this route is to
a ) Be accountable. Being accountable helps me as a writer be more responsible and hit the target. I've failed to do so earlier
b) Insulate myself from financial loss. The monetary incentive will help me avoid other projects and focus on this. Additionally days I don't work equate to loss and hence
additional perk to release
c) Leverage the power of the tribe - both in terms of knowledge and in terms of helping me market this project.
Why should you help me do this-I am willing to use an escrow
-No funds to be released until I meet the set goals
-I wish to tell your stories
-You could earn a part of ownership to the creative work
-The external ecosystem deserves to know the stories that goes on in here
-Helps us create an eco-system that insulates new members from such scams.
PublishingCompleted work will be published to
https://kdp.amazon.com/All sales / Revenue figures will be shared from the dashboard.
When does this begin ?
I'll probably open fund raising over the weekend.
Open to your thoughts / critique.
Do note -this is only a Pre-ANN / early idea I had.
I've made similar proposals in the past - and scrapped them off due to reducing impact.
@Bob Surplus - PLEASE Pm me. I Would love to have a word with youThank you.
