Which is exactly why this is a better idea. Kickstarter releases the funds when the funding goal is achieved, not when the product is finished. This idea is the reverse. 1. We set up the account 2. We fund the account 3. We administer the account 4. We decide which projects we want to fund at what amount 5. We, in effect, put out a bid sheet for the work. 6. We test and pay out once someone has developed a solution that we accept.
I see two different ways of setting this up, and we could do both. Way 1 - the "Buy in to get access" way: Idea proposed Everyone who "buys in" gets the end product - similar to the LC Global Open API product Folks send in their funds The funds are held in escrow If the product is built and accepted, the funds are released. If not, the funds are returned. Way 2 - the "shareholder" way: I envision this being for more widespread release projects, e.g. the dictionary redo Folks buy shares. Let's say each share costs $10. Shareholders prioritize projects and put a price on each, via votes. Each share gets a vote, as you would expect. Someone goes after one of the projects. The project is completed and accepted by the shareholders on behalf of the community. The funds are released. We can do this with bitcoin, or dollars, or whatever. _______________________________________________ use-livecode mailing list use-livecode@lists.runrev.com Please visit this url to subscribe, unsubscribe and manage your subscription preferences: http://lists.runrev.com/mailman/listinfo/use-livecode
