Bitcoin Crowdfunding: The Re-Opening of BitcoinStarter.com

cloverme

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SpacePirate.io

Quote from: Joel_Jantsen on June 01, 2016, 03:04:35 PM

Why KYLEMAX is framed all over your intro page ? lol

Coming to my question : So basically all the bitcoin lies in your offline wallet until the project is completed ,that's what your FAQ says.

Quote

Fixed Funding or “All or Nothing” (May 2016) – Bitcoins will be held offline in a cold wallet securely encrypted to the FIPS 140-2 standard. When your project is successful, all the funds will be delivered to you within 24 hours. No coins are held in any wallet on any server, at all.

Why would I raise a funding if I had funds to complete my project ? I mean what if I want to hire a developer and I need to pay him from the crowd funded money ? Is there a way out ? Basically what I feel,since people have crowdfunded me ,the bitcoins should directly go to the address that I had provided.

Kylemax is just a tile for one of the projects. Anytime a new project is posted with a feature image, it adds it to the display board. We're not affiliated with Klyemax in any way, other than they are raising funds on the site. We recently had someone post a NSFW project, so we have a rule now of no nude tiles. Tongue

There's two models for crowdfunding, one is "all or nothing" the other is Flex Funding. If you choose Flex Funding, the funds are delivered directly to your bitcoin address and not held offline. Studies show that in crowdfunding, projects that are Fixed Funding or "all or nothing" tend to get larger amounts of funding. This is very similar to Dragon's Den (Canada/UK) and Shark Tank (US).

I agree with you though, if you're looking for funding for a bootstrap project, you likely need money to get it off the ground, in that case, pick Flex Funding. "Ya keeps what ya earns!" Cool

Joel_Jantsen

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Get your game girl

Why KYLEMAX is framed all over your intro page ? lol

Coming to my question : So basically all the bitcoin lies in your offline wallet until the project is completed ,that's what your FAQ says.

Quote

Fixed Funding or “All or Nothing” (May 2016) – Bitcoins will be held offline in a cold wallet securely encrypted to the FIPS 140-2 standard. When your project is successful, all the funds will be delivered to you within 24 hours. No coins are held in any wallet on any server, at all.

Why would I raise a funding if I had funds to complete my project ? I mean what if I want to hire a developer and I need to pay him from the crowd funded money ? Is there a way out ? Basically what I feel,since people have crowdfunded me ,the bitcoins should directly go to the address that I had provided.

Breadpudding

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Best of luck on your relaunch!

I do really like the ability to use crypto to do crowdfunding.

I did a quick google search - I hadn't realized that there were so many crowdfunding sites these days. There are a lot out there but I'm sure you'll be able to find the right niches to focus on.

I found an article that posted some good sites that did education crowdfunding: http://crowdfunding.about.com/od/Placeholderrr/tp/Fund-Your-Education-Using-These-Crowdfunding-Sites.htm

cloverme

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SpacePirate.io

Raising funds for an education is a great idea, there's nothing to prevent anyone from creating a campaign on our site to raise funds to go to college, etc. I'll add a category for education later today, that's not a problem. However, maybe there's something else we can do for the education crowdfunding people?

bitcoinstarter

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Quote from: jacee on May 27, 2016, 07:05:09 AM

I didn't know you guys shut down. Cheesy

Anyway, it's nice that tere is already a crowdfunding service that accepts bitcoin and alts but unfortunately this one has no personal campaigns like for an education or something. I don't know if there are any other cryptocurrency accepting crowdfunding service that has this feature.

Yes, we did briefly Wink

When you say education what do you mean ?

Thanks for the feedback.

bitcoinstarter

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Quote from: batesresearch on May 27, 2016, 06:30:41 AM

Quote from: crazyivan on May 27, 2016, 06:19:37 AM

Always welcome these kind of projects. However, unless you re ready to spend massive amount of money on advertising, this is not going to work. There re too many similar websites and projects and in order to have visitors, you need to advertise. A lot.

Definitely - To get active users with ideas coming to the site there also needs to be incentives or such to choose you. You have a good twitter with a good amount of followers what is your plan on advertising.

Do you think you have benefits over Kicktarter/Indiegogo (Besides accepting a range of cryptocurrencies)?

Right, of course a good amount of traffic is key. More so targeted traffic so I mentioned above most the crypto's that we accept as payment for pledges in their communities people are building projects inside them so this would be a great way to reach out to them. Expect a big push there. Secondly, traditional methods will have to be used of course and a media push to get people back into the platform. Finally, high quality projects should be able to generate a decent amount of attention of done right. At the moment their might not be to much of a bigger benefit to using us over kickStarter/Indiegogo as its more a philosophy at this point. Meaning you support crypto over fiat , or just want to support an all crypto type format. There will be additions made that we can compete directly with those platforms ,but of course we are always limited by the amount of people who are into crypto to begin with. Great question though.

jacee

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I didn't know you guys shut down. Cheesy

Anyway, it's nice that tere is already a crowdfunding service that accepts bitcoin and alts but unfortunately this one has no personal campaigns like for an education or something. I don't know if there are any other cryptocurrency accepting crowdfunding service that has this feature.

batesresearch

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Quote from: crazyivan on May 27, 2016, 06:19:37 AM

Always welcome these kind of projects. However, unless you re ready to spend massive amount of money on advertising, this is not going to work. There re too many similar websites and projects and in order to have visitors, you need to advertise. A lot.

Definitely - To get active users with ideas coming to the site there also needs to be incentives or such to choose you. You have a good twitter with a good amount of followers what is your plan on advertising.

Do you think you have benefits over Kicktarter/Indiegogo (Besides accepting a range of cryptocurrencies)?

crazyivan

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Always welcome these kind of projects. However, unless you re ready to spend massive amount of money on advertising, this is not going to work. There re too many similar websites and projects and in order to have visitors, you need to advertise. A lot.

bitcoinstarter

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Quote from: batesresearch on May 26, 2016, 03:24:54 PM

Good to see this site up and running, we need a site like this (and hopefully as popular as Kickstarter or Indiegogo)!

Thank you Batesresearch! Like to get it as popular as KickStarter and IndieGoGo for sure. One thing I like about the new platform is you can use different crypto's to fund the projects not just BTC.

batesresearch

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Good to see this site up and running, we need a site like this (and hopefully as popular as Kickstarter or Indiegogo)!

bitcoinstarter

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Quote from: 2c0de on May 23, 2016, 12:13:22 PM

There is a security check that prevents everybody to create a project Cheesy

Otherwise, good concept

Thanks 2c0de! Yes, we'll be adding other mechanisms as we go.

bitcoinstarter

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Quote from: countryfree on May 23, 2016, 11:46:08 AM

Quote from: bitcoinstarter on May 20, 2016, 06:17:40 PM

Any questions just drop them below in this thread and I'll get to them.

There's only one question. I've been at your website before, and I thought it was a great idea, so I wonder why you closed it? I wasn't aware of that actually, so I wish you more luck this time. The people who start projects must fully reveal themselves, but I like the idea of anonymous investments. But you need to create some kind of control mechanisms to prevent the people making projects from running away.

Thanks! There wasn't any major problems just was re-doing how I wanted the site to work etc.,etc. We'll start really picking things up shortly with some pretty cool projects. It can be a mixed of anon. and revealing ( the owner can reveal themselves right on the project itself ). But, yes I agree a better vetting system should work also. Good feedback!

2c0de

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There is a security check that prevents everybody to create a project Cheesy

Otherwise, good concept

countryfree

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Quote from: bitcoinstarter on May 20, 2016, 06:17:40 PM

Any questions just drop them below in this thread and I'll get to them.

There's only one question. I've been at your website before, and I thought it was a great idea, so I wonder why you closed it? I wasn't aware of that actually, so I wish you more luck this time. The people who start projects must fully reveal themselves, but I like the idea of anonymous investments. But you need to create some kind of control mechanisms to prevent the people making projects from running away.

bitcoinstarter

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Quote from: PinkLlama on May 21, 2016, 02:45:55 PM

Currently the top project: https://bitcoinstarter.com/projects/hitting-the-sweet-spot-in-urban-transport-frankentrikes/

Pretty good site. It also has quite the publicity if the above project has already grasped BTC0.1.

Yes, we just had a light announcement in a few places here and there. The Frankestrikes is an interesting project no doubt it will be cool to see how it shapes up.

bitcoinstarter

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Quote from: lottery248 on May 21, 2016, 08:07:34 PM

Quote from: Batmanvsduecare on May 21, 2016, 02:39:22 PM

Is this like kickstarter but with cryptocurrency ?

more likely, because it is an alternative.

for me, am i allowed to create a project of a real life bitcoin event using this site? because the matter of creating a bitcoin event is having a major amount of fund.

This is an alternative to kickstarter using crypto currencies . Like I said you can use everything from CLAM to Ether to Litecoin to Bitcoin whatever is in the Shapeshift.io arsenal of coins.

Lottery248 - You can use the site for anything you so choose like even a real life bitcoin event yes. In fact, that is a great use-case.

lottery248

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Quote from: Batmanvsduecare on May 21, 2016, 02:39:22 PM

Is this like kickstarter but with cryptocurrency ?

more likely, because it is an alternative.

for me, am i allowed to create a project of a real life bitcoin event using this site? because the matter of creating a bitcoin event is having a major amount of fund.

PinkLlama

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Currently the top project: https://bitcoinstarter.com/projects/hitting-the-sweet-spot-in-urban-transport-frankentrikes/

Pretty good site. It also has quite the publicity if the above project has already grasped BTC0.1.

Batmanvsduecare

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Is this like kickstarter but with cryptocurrency ?

Topic: Bitcoin Crowdfunding: The Re-Opening of BitcoinStarter.com (Read 2108 times)