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Author Topic: How to fund bitcoin project ?  (Read 1879 times)
Bitdonator (OP)
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February 08, 2015, 08:38:53 PM
 #21

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?

Continent: Europe
Giveaway amount: maybe 5 $ (in bitcoin) per person
gambit1
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February 08, 2015, 08:50:33 PM
 #22

"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"

Ok that clarifies things. Yes, it sounds like crowdfunding is definitely the way to go. I don't actually see any other viable option.
Bitdonator (OP)
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February 08, 2015, 08:50:41 PM
 #23

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.

Once again, its not loan !
Funding is based on free contributing of community.
Please stop to use word "business" in this tread, because its not.

Plan is very interesting, but I dont want to say all for now

We dont need 40 BTC from one person to fund this project...
we need 4,000 people to donate only 0.01 BTC.

40 BTC is too much money for single person to invest in
non-profit project, but 0.01 BTC is small amount, and this
will not hurt anyone

gambit1
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February 08, 2015, 08:56:12 PM
 #24

Fine, I missed that from your previous post. My apologies.

Like I said: crowdfunding. Its then a case of hoping that people believe you are going to travel your continent giving people small amounts of bitcoin for free and teaching them about bitcoin rather than just looking for free bitcoins for yourself.

Good luck.
btcinstantsupport
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February 08, 2015, 08:56:59 PM
 #25

Fine, I missed that from your previous post. My apologies.

Like I said: crowdfunding. Its then a case of hoping that people believe you are going to travel your continent giving people small amounts of bitcoin for free and teaching them about bitcoin rather than just looking for free bitcoins for yourself.

Good luck.

http://www.bitcoinstarter.com    but its down right now.
cloverme
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February 08, 2015, 09:27:19 PM
 #26

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


I see, good luck.  You might consider using a crowdfunding platform then to raise money for your mission, maybe get some sponsors to help you out.  An escrow could help out as well, so funds could be released over time as you travel along and post updates to a blog or something. That way, it adds some credibility to your mission so that people feel part of your journey (rather than to just give someone 40 bitcoins to have a good time).
Kprawn
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February 09, 2015, 09:18:48 AM
 #27

I see ... Who would be funding your trip?

Are you going to "give away" all the donations you receive, or use the donations to cover the cost of your trip?

Some more detailed information will help you get donations far quicker.  Wink

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