[ANN] CoinFunder.com - Crowdfunding Campaigns to Spread Adoption of Bitcoin

[chsados]

CoinFunder is excited to announce a new section called Initiatives.

What is a CoinFunder Initiative?
A CoinFunder Initiative is a crowdfunding campaign where Bitcoiners can show interest in organizations that do not currently accept Bitcoin. CoinFunder allows for a centralized location where an organization can see how much support there is from the Bitcoin community to adopt Bitcoin.

How does an Initiative work?
Anyone can create an Initiative for any organization that is not currently accepting Bitcoin. Other users can pledge Bitcoins if they would like to see the organization accept Bitcoin for their goods or services. No Bitcoins are collected until the organization starts accepting Bitcoin, and the initiative claim has been verified by CoinFunder.

What happens after I make a Bitcoin Pledge?
Once an Initiative has been claimed and verified by CoinFunder, an email will be sent out to everyone who has made a pledge for that initiative directing them to fund their initiative. The first 5% of the funds goes to CoinFunder, the remaining 95% is directed directly to the Bitcoin address that the organization enters.

What incentive is there for the funder who makes a Bitcoin Pledge?
Your Bitcoin pledge does not promise any sort of service or product in return, but instead the pledge is used as a monetary incentive for Bitcoin acceptance. We all win as Bitcoin spreads. We hope to work with the organization that claims the Initiative to provide some sort of reward to funders, but there is no gurantee of any type of reward.

What fees does CoinFunder charge for Initiatives?
CoinFunder charges a flat 5% fee for each successful initiative - 2% of that fee goes to the person who starts and promotes the initiative.

If you know an organization that is not currently accepting Bitcoin, start your own initiative now and start pledging!

[coinfunder]

Let us know if you have any feedback.  We will address it to the best of our ability.

We have some ideas about how to improve upon what we have built for Initiatives thus far, bue we would like to hear the thoughts of the community.

[super3]

Don't use the default Twitter bootstrap. Makes your website look like it was built in 5 minutes.

[coinfunder]

This is something we are actively working on.  We were more concerned with getting the functionality out the door, but I think it is time that we circle back and focus on this.

Thanks for the feedback!

[MSantori]

I take it you're trying to model kickstarter.  I also take it that you haven't considered Money Transmitter registration.  Kickstarter doesn't act as a money transmitter, as I understand it, because they use Amazon to process payments.  It never actually handles any money.

You seem to be, as a business and for profit, accepting bitcoin directly, holding it, and then sending it to another business.  That sounds like money transmission to me.  Are you considering registering?

[420]

who's better, coinfunder.com or bitcoinstarter.com ?

[coinedBit]

while bitcoinstarter.com seems to have more active projects and a bit of community momentum, neither seems to be getting very much attention, funding-wise

[420]

while bitcoinstarter.com seems to have more active projects and a bit of community momentum, neither seems to be getting very much attention, funding-wise

I think as I pointed out theres a trust issue, having to build reputation for the site and to know if the site attracts scammers or not.

and it's a detriment to have TWO sites.

If these two sites will join forces to one site I will pay each owner 1BTC, anyone else want to jump in and help me improve the bitcoin community?

[coinedBit]

sounds like a plan, also willing to support a JV, but would be asking for bitfunder shares in return  
(and having more ideas in store to kick off the whole thing without massive SEO)

[420]

sounds like a plan, also willing to support a JV, but would be asking for bitfunder shares in return  
(and having more ideas in store to kick off the whole thing without massive SEO)

OMG a third site:
http://bitfunder.com alexa rank: 284,566

http://bitcoinstarter.com alexa rank: 582,031 (US: 131,992)
http://coinfunder.com alexa rank: 2,273,078 (US: 539,750)

my deal applies to all three now

[coinedBit]

http://raisecoins.com/

there's more than just these, how much capital have you got ? 

[420]

http://raisecoins.com/

there's more than just these, how much capital have you got ?  

I had interest bearing loans where I could have ran a ponzi at any moment. I have some funds.

i don't think that one's even developed, (see this page: http://raisecoins.com/sample-page-2/ ) alexa rank: 7,255,227

but the deal still stands. for all legitimate bitcoin crowd funding sites, let's say made before may 2013 I'll give them each 1BTC to join forces

and I'll need help to increase the pool reward for doing so.

Eventually I'll get a thread for this

[coinedBit]

it would be great if that were to happen, but somehow I doubt that people will collaborate here - it's so much more gratifying to start and run your own thing ... on the other hand, if 3-4 websites were to team up, there would be a real team behind the effort and it could actually take off, like big time.

[420]

it would be great if that were to happen, but somehow I doubt that people will collaborate here - it's so much more gratifying to start and run your own thing ... on the other hand, if 3-4 websites were to team up, there would be a real team behind the effort and it could actually take off, like big time.

that's the point. to help the community and not spread the donerbase among so many sites as that is very detrimental to crowd funding

first off we'll make a list of existing sites,

then we'll vote to see what site has best structure

then we can make recommendations for the style of the combined site

[coinedBit]

bitfunder is clearly the most mature and most-accepted site overall, it would only require very minor changes/additions to be generally useful. Sent a message to its founder.

[maco]

Good luck on this project. I have not yet seen a leader in this space.

I hope it works out. I would like to see a valuable crowd-sourcing site do good in the Bitcoin space.

CoinFunder is excited to announce a new section called Initiatives.

What is a CoinFunder Initiative?
A CoinFunder Initiative is a crowdfunding campaign where Bitcoiners can show interest in organizations that do not currently accept Bitcoin. CoinFunder allows for a centralized location where an organization can see how much support there is from the Bitcoin community to adopt Bitcoin.

How does an Initiative work?
Anyone can create an Initiative for any organization that is not currently accepting Bitcoin. Other users can pledge Bitcoins if they would like to see the organization accept Bitcoin for their goods or services. No Bitcoins are collected until the organization starts accepting Bitcoin, and the initiative claim has been verified by CoinFunder.

What happens after I make a Bitcoin Pledge?
Once an Initiative has been claimed and verified by CoinFunder, an email will be sent out to everyone who has made a pledge for that initiative directing them to fund their initiative. The first 5% of the funds goes to CoinFunder, the remaining 95% is directed directly to the Bitcoin address that the organization enters.

What incentive is there for the funder who makes a Bitcoin Pledge?
Your Bitcoin pledge does not promise any sort of service or product in return, but instead the pledge is used as a monetary incentive for Bitcoin acceptance. We all win as Bitcoin spreads. We hope to work with the organization that claims the Initiative to provide some sort of reward to funders, but there is no gurantee of any type of reward.

What fees does CoinFunder charge for Initiatives?
CoinFunder charges a flat 5% fee for each successful initiative - 2% of that fee goes to the person who starts and promotes the initiative.

If you know an organization that is not currently accepting Bitcoin, start your own initiative now and start pledging!

[maco]

I wouldn't even compare Bitfunder and Coinfunder

• Coinfunder is strictly crowd sourcing with clear goals, descriptions, and rewards. (similar to kick-starter)
• BitFunder has a different feature (which is IPO/Shares Investments) and you don't really hear the goals of the developer or business.

These are two different businesses with two different business models.

bitfunder is clearly the most mature and most-accepted site overall, it would only require very minor changes/additions to be generally useful. Sent a message to its founder.

[bbit]

I wouldn't even compare Bitfunder and Coinfunder

• Coinfunder is strictly crowd sourcing with clear goals, descriptions, and rewards. (similar to kick-starter)
• BitFunder has a different feature (which is IPO/Shares Investments) and you don't really hear the goals of the developer or business.

These are two different businesses with two different business models.

bitfunder is clearly the most mature and most-accepted site overall, it would only require very minor changes/additions to be generally useful. Sent a message to its founder.

You are correct.  Bitfunder is equity-based crowdfunding ( technically illegal ) at the moment. GLSBE was shut down because of this.

Coinfunder / BitcoinStarter / RaiseCoins are all in the mold of Kickstarter type model.