Feathercoin Kickstarter - Ideas are just multipliers of execution
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[quote name=“T4rQu1N” post=“28328” timestamp=“1379430132”]
Happy to be one of the business type mentors, I do a lot of this in my day job.
[/quote]Genius thanks.
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[quote name=“chrisj” post=“28344” timestamp=“1379443551”]
[quote author=T4rQu1N link=topic=3687.msg28328#msg28328 date=1379430132]
Happy to be one of the business type mentors, I do a lot of this in my day job.
[/quote]Genius thanks.
[/quote]By night he is Batman :D
Thanks T4 for you your support :)
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[quote name=“wrapper0feather” post=“28338” timestamp=“1379440119”]
[quote author=chrisj link=topic=3687.msg28230#msg28230 date=1379327848]
Board 1: Ideas
Board 2: Projects
[/quote]I think the board ideas are good. Its easy to implment and flexible to see what might happen. It’s not a great drain on resources and will generate positive developments.
For instance, I’d like to do some graphic extensions for the forum, which wouldn’t need finance, just mentioning and ideas and advice on the best way to do it (i.e. like how to use using API, send the code example too. etc) …
[/quote]It would be great to bring together the collective experience of people like you and @T4Qu1N.
Is there anyone else who feels they might have something to offer? Preparations are being made.
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I offer encouragement and a level head. Too often have I fallen for bad ideas and gone down with a sinking ship. I got a little scare there with how this whole UNOCS thing went. I’m glad Bushstar pulled out when it looked like there wasn’t enough agreement on how things needed to be handled thus grid locking the process.
I don’t like criticism either unless it’s constructive. The internet has been uploaded with the dregs of society and it tends to tear down rather rapidly even good ideas in favor of collective ignorance.
I’m not a mover, but I seem to have an ability to motivate others so maybe I can be of use.
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[quote name=“corather” post=“28462” timestamp=“1379556549”]
I’m not a mover, but I seem to have an ability to motivate others so maybe I can be of use.
[/quote]The world needs more people like you.
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I am on board with the Idea of doing a Feathercoin Kickstarter I believe Crowd Funding is the way of the Future in Building New Businesses!
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So, where do we point our miners to fund the cause? ;D
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Right let’s make this happen.
There are decisions to be made, should we thrash them out in here or set up a new thread?
They are:
[b]Ideas Board[/b] This is the first round where people pitch their idea, if they are selected they get to progress on to the round 2
[list type=decimal]
[*]How long should people have to get feedback on their idea eg 3 days? 7 Days?
[*]Should they have to raise a deposit?
[*]If so how much?
[*]Should there be a format to the pitch, ie Brief Summary, Description of Problem, Solution?
[*]How should people qualify for the Projects Board? Should there be a panel of judges?
[/list][b]Projects Board[/b] This is round 2 where people are held accountable
[list type=decimal]
[*]Should there be mods like [url=http://forum.feathercoin.com/index.php?topic=3687.msg28328#msg28328]@T4rQu1N[/url] who watch each project and keep people held to deadlines?
[*]On what condition should people lose their deposits? E.g. If they make the deadline but fail to deliver on what they proposed? OR If they fail to reach deadline
[*]Could we do a 3 strikes and you’re out rule to take the edge off?
[*]If the deposit is lost how should the FTC be distributed? Given out randomly to community members with a Reddit style Tipbot? Given to someone else in Projects Forum as investment?
[/list]These are just to get things started, please suggest your own ideas. I’d like to make this fun as well as productive. I am off out now to Silicon Drinkabout, you can expect some live tweets as usual. There will be more announcements over the weekend but hopefully we can get the kickstarter nailed in the next 7 days.
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[quote name=“chrisj” post=“28633” timestamp=“1379694530”]
[list][*]How long should people have to get feedback on their idea eg 3 days? 7 Days?[/list]
[/quote]7 days is fair. It’s long enough to weed out the undedicated and let people have a chance to respond, but short enough to keep things moving.
[quote]
[list][*]Should they have to raise a deposit?[/list]
[/quote]You mean like put their own money down? That’s not a bad idea at all!!!
[quote]
[list][*]If so how much?[/list]
[/quote]1% of the total funds raised. If they want 10,000 Feathercoins, they have to put in 100. If they want 100,000, that’s 1,000.
[quote]
[list][*]Should there be a format to the pitch, ie Brief Summary, Description of Problem, Solution?[/list]
[/quote]Yes. Elevator pitches are important, but so are the detailed solution. Videos should be encouraged too. Above all, TRANSPARENCY needs to be encouraged. Investors deserve to know WHO they are investing in, and people should not hide behind forum handles. This is real money we’re talking about here.
[quote]
[list][*]How should people qualify for the Projects Board? Should there be a panel of judges?[/list]
[/quote]Let their be a round of voting each week, as well as a “no confidence” option. You must beat every other project in votes, AND beat the no confidence vote as well. The one who does each week progresses, or if no confidence wins, no one progresses.
[quote]
[b]Projects Board[/b] This is round 2 where people are held accountable
[list][*]Should there be mods like [url=http://forum.feathercoin.com/index.php?topic=3687.msg28328#msg28328]@T4rQu1N[/url] who watch each project and keep people held to deadlines?[/list]
[/quote]Yes, and a treasurer too.
[quote]
[list][*]On what condition should people lose their deposits? E.g. If they make the deadline but fail to deliver on what they proposed? OR If they fail to reach deadline[/list]
[/quote]Under no circumstances. People should receive their funds at the beginning of the project, not at the end. Otherwise we’re running a bounty board, not a kick starter. They made it to the funding round, they put their deposit down, so the funding campaign began. Either they reached their total before the deadline, in which they get everything, or they didn’t, in which deposits are returned, including the original %1.
[quote]
[list][*]Could we do a 3 strikes and you’re out rule to take the edge off?[/list]
[/quote]No. Zero tolerance for deadbeats. If you take the money, and you don’t deliver, you can’t ask for more, and you can’t do something else. If you deliver late, but you deliver, then you’re ok to go again, but the public will know last time you delivered late.
[quote]
[list][*]If the deposit is lost how should the FTC be distributed? Given out randomly to community members with a Reddit style Tipbot? Given to someone else in Projects Forum as investment? [/list]
[/quote]There should be no penalty for not getting funding, and no reward for not helping someone get funding. If the campaign is a success, the organizers can take a percent for themselves before the person gets their funds, but if the campaign doesn’t reach it’s funding goal, then all the money goes back to it’s owners, and NO rewards for failure should be given out.
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^^
And you want to ban this guy??
We need more people like Kevlar!! -
[quote name=“mirrax” post=“28637” timestamp=“1379697425”]
^^And you want to ban this guy??
We need more people like Kevlar!!
[/quote]I don’t want to ban him, I’m a lover not a fighter.
So Mirrax your thoughts on the decisions?
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[quote name=“Kevlar” post=“28636” timestamp=“1379697029”]
There should be no penalty for not getting funding, and no reward for not helping someone get funding. If the campaign is a success, the organizers can take a percent for themselves before the person gets their funds, but if the campaign doesn’t reach it’s funding goal, then all the money goes back to it’s owners, and NO rewards for failure should be given out.
[/quote]This is very thorough thanks, I am on the move but a brief skim read looks good. Let’s hear more from the others now!
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Can we replace stupid perks (my activist side just plain reels back from these abominations) and instead make clear what portion of the project would be possible at each stage?
Maybe the donors who get the project from one stage to the next could be personally invited to a short chat about what that stage of the project is about.
Too many crowd funding systems treat people like they are five years old.
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[quote name=“chrisj” post=“28638” timestamp=“1379697549”]
So Mirrax your thoughts on the decisions?
[/quote]I think this whole idea is premature now and its waste of your time.
C’mon, we are not able to raise even 1000FTC for contest during 2 months! -
[quote name=“zerodrama” post=“28640” timestamp=“1379698120”]
Can we replace stupid perks (my activist side just plain reels back from these abominations) and instead make clear what portion of the project would be possible at each stage?Maybe the donors who get the project from one stage to the next could be personally invited to a short chat about what that stage of the project is about.
Too many crowd funding systems treat people like they are five years old.
[/quote]Is this what you mean?
[img]http://static.fjcdn.com/gifs/Dog+Knocks+Over+Kid.+Kid+just+won+t+stay+down_196bad_4356974.gif[/img]
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[quote name=“mirrax” post=“28641” timestamp=“1379698220”]
[quote author=chrisj link=topic=3687.msg28638#msg28638 date=1379697549]
So Mirrax your thoughts on the decisions?
[/quote]I think this whole idea is premature now and its waste of your time.
C’mon, we are not able to raise even 1000FTC for contest during 2 months!
[/quote]I have some tricks up my sleeve. If you work with me here and leave this part up to me let me know how you think it should be run; I do value your opinion.
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[quote name=“chrisj” post=“28633” timestamp=“1379694530”]
Right let’s make this happen.There are decisions to be made, should we thrash them out in here or set up a new thread?
They are:
[b]Ideas Board[/b] This is the first round where people pitch their idea, if they are selected they get to progress on to the round 2
[list type=decimal]
[*]How long should people have to get feedback on their idea eg 3 days? 7 Days?[/list]
[color=red][b]14days[/b][/color]
[list][*]Should they have to raise a deposit?[/list]
[color=red][b]they must[/b][/color]
[list][*]If so how much?[/list]
[color=red][b]10% or more of target amount[/b][/color]
[list][*]Should there be a format to the pitch, ie Brief Summary, Description of Problem, Solution?[/list]
[color=red][b]no[/b][/color]
[list][*]How should people qualify for the Projects Board? Should there be a panel of judges?[/list]
[color=red][b]i have no idea for this point[/b][/color]
[/list][b]Projects Board[/b] This is round 2 where people are held accountable
[list type=decimal]
[*]Should there be mods like [url=http://forum.feathercoin.com/index.php?topic=3687.msg28328#msg28328]@T4rQu1N[/url] who watch each project and keep people held to deadlines?[/list]
[color=red][b]yes[/b][/color]
[list][*]On what condition should people lose their deposits? E.g. If they make the deadline but fail to deliver on what they proposed? OR If they fail to reach deadline[/list]
[color=red][b]both conditions[/b][/color]
[list][*]Could we do a 3 strikes and you’re out rule to take the edge off?[/list]
[color=red][b]no[/b][/color]
[list][*]If the deposit is lost how should the FTC be distributed? Given out randomly to community members with a Reddit style Tipbot? Given to someone else in Projects Forum as investment? [/list]
[color=red][b]again no idea from me[/b][/color]
[/list]
[/quote] -
Thanks so much Mirrax
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This is Fantastic I am definitely going to help with this Kickstarter!
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I’d be interested to see this or another system for crowd sourced investment used to encourage crypto service start-ups. While this could just pertain to services involving cryptocoins, I think it would be more important to encourage all kinds of service work. The development of the service sector is integral to the enrichment and expansion of cryptocurrency.
We shouldn’t limit the coins to be used only to buy goods, gamble, or trade on the exchanges. I should be able to have my lawn mowed, my car washed, and my son tutored for FeatherCoin/Bitcoin. While getting these services up and running doesn’t require a Kickstarter in the fiat world, having something analogous in the crypto world might help accelerate the economic development of the servicee sector (which is lagging behind the fiat one very badly).
Just a thought, what do you guys think?
