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Author Topic: How to fund bitcoin project ?  (Read 1879 times)
Bitdonator (OP)
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February 07, 2015, 09:23:02 PM
Last edit: February 08, 2015, 08:14:35 PM by Bitdonator
 #1

I just get genial idea how to promote bitcoin to mainstream, while helping network
by processing bitcoin transactions at same time.

But first, I need funds ( about 40 BTC ) to make this possible.
Which is the best way to get fund for project ?

Idea is to travel across my continent and carry full bitcoin node with me,
giving papper wallet with small ammount of BTC to peoples and teach them
about Bitcoin

I dont need a loan, because this is non-profitable project.
Maybe crowdfunding is the best option.

Again, this is not business project, this is for benefit of whole Bitcoin community
newIndia
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February 07, 2015, 09:26:31 PM
 #2

I just get genial idea how to promote bitcoin to mainstream, while helping network
by processing bitcoin transactions at same time.

But first, I need funds ( about 40 BTC ) to make this possible.
Which is the best way to get fund for project ?


Take loan against collateral.

redsn0w
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February 07, 2015, 09:30:57 PM
 #3

I just get genial idea how to promote bitcoin to mainstream, while helping network
by processing bitcoin transactions at same time.

But first, I need funds ( about 40 BTC ) to make this possible.
Which is the best way to get fund for project ?


Take loan against collateral.

...or you can use : https://www.vinumeris.com/lighthouse   it is a fundraising platform, good luck with your project.
izanagi narukami
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February 08, 2015, 07:18:22 AM
 #4

I just get genial idea how to promote bitcoin to mainstream, while helping network
by processing bitcoin transactions at same time.

But first, I need funds ( about 40 BTC ) to make this possible.
Which is the best way to get fund for project ?


who about BTCjam ?

or more extreme...wait until bitcoin reach the lowest rate then you can buy it very cheap



Take loan against collateral.

I never see a lender that can lend up to BTC 40 on this forum

Smiley
gambit1
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February 08, 2015, 10:44:40 AM
 #5

I wonder why you need BTC rather than fiat.
picolo
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February 08, 2015, 11:30:07 AM
 #6

I just get genial idea how to promote bitcoin to mainstream, while helping network
by processing bitcoin transactions at same time.

But first, I need funds ( about 40 BTC ) to make this possible.
Which is the best way to get fund for project ?


Here, crowdfunding websites or you can get a loan by friends, family or the bank.
countryfree
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February 08, 2015, 12:13:17 PM
 #7

Is your idea profitable?

If it is, 40BTC is a small sum, it will be easy to find an investor.

I used to be a citizen and a taxpayer. Those days are long gone.
gambit1
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February 08, 2015, 12:24:30 PM
 #8

I wouldn't give him false hope mate. He will be very lucky to find someone who will invest 40BTC. Very lucky.
cloverme
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February 08, 2015, 02:43:43 PM
 #9

I wouldn't give him false hope mate. He will be very lucky to find someone who will invest 40BTC. Very lucky.

That's only $9k these days, btc is hovering around 225ea...still a sizable sum to raise though, but not impossible. Someone got 5.48 million for a card game on kickstarter, then there's the potato salad guy who got $55,000.  
gambit1
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February 08, 2015, 03:45:35 PM
 #10

He'll be lucky to get $9k. He'll be lucky to get $9 if he doesn't have a good plan and isn't able to put up collateral.
picolo
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February 08, 2015, 04:19:35 PM
 #11

He'll be lucky to get $9k. He'll be lucky to get $9 if he doesn't have a good plan and isn't able to put up collateral.

If he had a reputation or if he builds a plan, he should get 9k$. He could make a loan to get it if he is serious about it.
cloverme
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February 08, 2015, 05:09:09 PM
 #12

He'll be lucky to get $9k. He'll be lucky to get $9 if he doesn't have a good plan and isn't able to put up collateral.

Agreed, there's a lot of "hey i got an idea to make a bizillion bitcoins" posts over the years.
gambit1
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February 08, 2015, 05:14:19 PM
 #13

I agree - its shameful. Speaking of which, have you heard my idea to do a bitcoin card game?
cloverme
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February 08, 2015, 06:12:48 PM
 #14

I agree - its shameful. Speaking of which, have you heard my idea to do a bitcoin card game?

I was just reading about it... I'm currently developing a bitcoin-based strategy game as well, but it's not like hearthstone at all.  I'm contemplating seeking funding for it after I launch the alpha version around April. Which is why I started reading this thread too... I'm interested in the lighthouse platform, so I'm thinking about that route rather than indiegogo or kickstarter.
picolo
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February 08, 2015, 07:31:20 PM
 #15

I just get genial idea how to promote bitcoin to mainstream, while helping network
by processing bitcoin transactions at same time.

But first, I need funds ( about 40 BTC ) to make this possible.
Which is the best way to get fund for project ?


What do you mean by processing bitcoin transactions "at same time"?
Bitdonator (OP)
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February 08, 2015, 08:10:17 PM
 #16

Idea is to travel across my continent and carry full bitcoin node with me,
giving papper wallet with small ammount of BTC to peoples and teach them
about Bitcoin

I dont need a loan, because this is non-profitable project.
Maybe crowdfunding is the best option.

Again, this is not business project, this is for benefit of whole Bitcoin community
Bitdonator (OP)
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February 08, 2015, 08:13:00 PM
 #17

He'll be lucky to get $9k. He'll be lucky to get $9 if he doesn't have a good plan and isn't able to put up collateral.

Agreed, there's a lot of "hey i got an idea to make a bizillion bitcoins" posts over the years.

This is not a project to make  "bizillion bitcoins" for me,
this is project to help Bitcoin to become mainstream and strenght the network at
same time
Bitdonator (OP)
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February 08, 2015, 08:13:57 PM
 #18

He'll be lucky to get $9k. He'll be lucky to get $9 if he doesn't have a good plan and isn't able to put up collateral.

Do you know what you talking about?
gambit1
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February 08, 2015, 08:21:08 PM
 #19

I would say so yes.

I'm not trying to discourage you, I'm pointing out that it will be hard to find an investment of that sort without

1)A great busienss plan

2) A good reputation

3) Collateral against loans

Its 40btc you are asking for, after all. I have never seen a loan of that size on this site.
picolo
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February 08, 2015, 08:21:20 PM
 #20

Idea is to travel across my continent and carry full bitcoin node with me,
giving papper wallet with small ammount of BTC to peoples and teach them
about Bitcoin

I dont need a loan, because this is non-profitable project.
Maybe crowdfunding is the best option.

Again, this is not business project, this is for benefit of whole Bitcoin community


What continent? What collateral? And what portion of the BTC will you give away?
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