Why most of these crowdfunding projects aren't offering anything in return? like some kind of share on their website/company or whatever. I see startpeeps is offering to place your ad on their website..am I right? but other projects are just looking for free money while offering nothing GOOD in return. I have yet to see a mind blowing project on that website (excluding startpeeps)..most are just meh and already exist.
Here are things they should offer to investors: Shares, Advertising, Free handjob for lifetime? (could work)
I actually disagree strategically but agree in spirit. You don't want to do anything (especially early on) to discourage someone seeking funding from going elsewhere. If Startjoin is going to be the place to get projects funded then it should aim to be very competitive with few strings attached. Of course folks with not so great ideas will have to make more promises cause the community will be less inclined to provide funds. In other words the market will take care of this. A great idea- be it a company, political activism, or whatever has the potential to draw in so many new people not only to startcoin but to cryptos in general. You want to encourage those potential awesome projects to launch on Startjoin (by not making all sorts promotional rules) and really it only takes one or two great projects (especially a controversial one) to get START lots of media attention and a crowd of folks who want to get behind this hypothetical project. This new crowd(s) will very possibly not be the people already in bitcoin/crypto. One often overlooked aspect of START is the potential to bring in new people to crypto - notice how other alts are competing for market share with LTC, DOGE, DASH, etc.. Forget trying to get a bigger piece of the pie when you have the power to make the whole pie BIGGER.
You're right but I was saying that should be responsibility of people posting the project not startjoin (in some way they could put some quota). Sure, there are going to be project asking for donation, free money, etc because that's what crowdfunding is but if that takes over majority of the site it might push away lot of "future investors" because lets be honest..there are millions of crowdfunding platforms already where you can find those kind of projects who're looking for freebies. What makes startjoin more attractive to new investors?
If I just want to donate money to pet store, poor kids in africa..why would I use startjoin over other websites?
I agree with the part that may be it's too early to put those kind of strict rules on crowdfunding platform.
may be some kind of quota where startjoin only allow lets say 40% of freebie projects and 60% of real projects that'll bring investors some kind of return...that's how you'll get more investors or it'll be filled with just projects that want money because people want some kind of return on their investment..it doesn't have to be strictly financial return.
or here is better one. Ability to separate projects that are freebies from ones that are offering something back to investors if project is succesful.