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Author Topic: My Bitcoin Venture - A Digital Currency Marketplace That Gives Back  (Read 682 times)
rwm5233 (OP)
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September 20, 2014, 07:16:54 PM
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Hi all.

I am in the midst of slowly beginning to launch a Bitcoin start-up (for lack of a better term) that I have been working very hard to put together for some time now. Just wanted to drop in and get some feedback and weigh some opinions.*Please comment and let me know what you think, I would very very much appreciate it*

Anyways, the URL is: http://www.Bitfranklin.org
Essentially it is a marketplace that consists of digital currency accepting merchants. ( BTC manily but will also incorporate others as they become more widely accepted.)
--The hook is that we will be splitting commissions (roughly 50%) with digital currency dev projects and digital currency organizations that the shopper will choose.

Users will shop as they normally would on the merchants web store after clicking through our marketplace. Technically, shoppers are not "donating" anything. Whenever a purchase is made, our advertisers pay us for referring the shopper.  Each purchase therein is tracked and recorded. Payments are then sent to the orgs wallet that was chosen for that particular purchase.
--The goal is for our marketplace to give cryptocurrency projects an alternative to simply asking for donations.

We already have most of the big name digital currency accepting merchants and we are working on adding more each day. We are also hoping to raise the donation commission which will be relatively low to start. We currently in the stages of looking for projects and orgs that would like to participate and become eligible for donations. Each will be listed on the homepage as well as receive a custom URL Ex: BitFranklin.org/YourOrg that will lead to their marketplace.

Also, not trying to look too far into the future at this stage, but we may also implement a “bitcoin back” option that will replicate the cash-back model wherein users will be able to shop and have the % commissions sent back to their individual wallets. hmmm well see though.

So, that’s basically it! If you don’t mind, I will leave a few questions below that you can choose to answer or ignore. Just somethings I’d like to know from a different perspective.
1.Is the concept confusing, what could use more explaining?
2.Would you be motivated to shop here?
3.If you had a project/org, would you be eager to be listed on the site or even to share your page with your userbase?
4. How does the “bitcoin back” concept sound?

If you’re looking to participate, questions, comments, anything…you can reach me at Ross [at] Bitfranklin [dot] org. Thanks!
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