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Author Topic: Using bitcoin to raise seed capital?  (Read 1269 times)
Rage (OP)
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May 12, 2011, 12:19:50 PM
 #1

Hey Everyone,

So I'm in the process of developing two new software packages that I believe could do quite well in the marketplace. The first is an affordable electronic medical records package that is specially made to run on tablets and other handhelds to allow a doctor to be incredibly mobile and the second is a group home management solution that allows all sorts of cool and interesting things that I'd be happy to get into with anyone seriously interested.

The problem is I need to devote more time to it so I can bring it to market quickly. To do that, I need money and I was thinking this might be an awesome way to use bitcoin. My thought is to raise money completely in bitcoin and offer a generous return on that money paid out over time as the software sells. In a way, it would be using bitcoin a lot like traditional money but with a little more flexibility.

What are your thoughts? Could something like this work?

Thanks!
Rage

Bitcoin Address:
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Anonymous
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May 12, 2011, 12:28:53 PM
 #2

http://glbse.com

This is made for what you want.


The first site that was funded this way was http://ubitex.org

Rage (OP)
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May 12, 2011, 12:31:21 PM
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http://glbse.com

This is made for what you want.


Indeed it is! Thank you for the link :-)
When does it fully launch?

datafish
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May 12, 2011, 01:41:32 PM
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Here is the thread where GLBSE is discussed.  http://bitcointalk.org/index.php?topic=7419.0  You can also PM Nefario.  Good luck with your enterprise, and let us know when we can buy some stock!
tomcollins
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May 12, 2011, 02:40:40 PM
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Seems difficult when you'd need to raise half (or a quarter or whatever) of the BTC supply to be able to fund it.
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