Would you donate BTC to help fund a project you believe in? - page 2.

cryptune

copper member

Activity: 14

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Cryptune - Universal POS

Quote from: Pricelessent on May 07, 2018, 09:19:08 PM

Instead of running an ico and giving out worthless tokens, what if an open sourced project ran completely on donations from the community. Would you donate if you believed in it and felt it was needed in the crypto space?

Even small donations like .00001 BTC or .01 ETH

Yes I would. A fundraiser in Toronto raised money for a homeless youth shelter https://medium.com/truebit/merrymerkle-how-the-crypto-community-raised-200k-for-a-homeless-youth-shelter-in-10-days-876477460f22

okocrypto

newbie

Activity: 112

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Quote from: Pricelessent on May 07, 2018, 09:19:08 PM

Instead of running an ico and giving out worthless tokens, what if an open sourced project ran completely on donations from the community. Would you donate if you believed in it and felt it was needed in the crypto space?

Even small donations like .00001 BTC or .01 ETH

It depend on the purpose the project plans to achieve. If it is entirely for charity, then donation is a welcomed idea but otherwise, that will not be feasible. Everyone wants to make profit and you can't tell people to donate and not get something in return for projects that is supposed to yield huge profit to the developers

jahn_quid

newbie

Activity: 182

Merit: 0

Is crowdfunding out of the question in cases like this?

Is it necessary that you receive funding in crypto? Doesn't seem necessary if you're not interested in tokens and ICOs.

weeklyeth

newbie

Activity: 168

Merit: 0

Yes I do not mind in doing that. If the project is really good and is it is going to grow in the future.

dengineersprof

jr. member

Activity: 102

Merit: 5

Looking at the recent developments and also understanding the meaning of donation. It means you are only giving out to the project or campaign without getting no percentage in return. Which is very good because it helps promotes a good cause rather than have so many worthless projects jumping on and off the grid. I tend to agree with your thoughts.

United_Fans

copper member

Activity: 42

Merit: 0

There is definitely an opportunity for you to earn donations if you prove that the project will be advantageous to certain groups by showing a structured plan and intentions with realistic and achievable goals. Prove that your project will be successful and show true desire to work hard and the donations will start coming in. I believe in you, keep it up!

RenegadeMind

copper member

Activity: 1380

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THINK IT, BUILD IT, PLAY IT! --- XAYA

I've donated to projects in the past and seen them die.

They need a real model, and donations is pretty weak.

Pricelessent

newbie

Activity: 71

Merit: 0

Quote from: jossiel on May 08, 2018, 06:18:47 PM

The community is divided with this type of idea but I like that way of supporting a legit project that doesn't want to turn an ICO.

But you are also going there and that is to make profit.

Quote from: Pricelessent on May 08, 2018, 01:52:33 PM

I want to make a business model like Wikipedia solely ran by donations

As I've said you are going through that way of making money and if the people found your open source project helpful, it's a donation as a token of appreciation.

For this project itself will not be about profits for me. It is an open source project where donations will be used to pay oracles, developers, and keep the project running. I was also thinking of having a voting system where members of the community can vote on how the funds should be spent.

jasramos

newbie

Activity: 26

Merit: 0

Yes, if there is a certain proof that the project will be beneficial to the worlds toughest problems

NCN_Moon

newbie

Activity: 26

Merit: 0

Yes, I think people will donate to the projects that they believe in with goodwill. Especially if the project aims to bring something beneficial to the general public, more likely it will get support from the people.

carlfebz2

hero member

Activity: 2926

Merit: 722

CoinPoker.com

Quote from: Pricelessent on May 07, 2018, 09:19:08 PM

Instead of running an ico and giving out worthless tokens, what if an open sourced project ran completely on donations from the community. Would you donate if you believed in it and felt it was needed in the crypto space?

Even small donations like .00001 BTC or .01 ETH

Depending on the project you are talking on if the community would find out that this would really be exceptional or completely different into other traditional projects then you might get some donations but it would really be only on slim chances yet people doesnt entrust easily someone on online world just proclaiming that they do have a good idea and would like to ask a donation. Even though those numbers are just small but still we are talking money on here.

SimpeleSimpele

hero member

Activity: 602

Merit: 500

iam not believe donation to project
if you have good project, you can create coin and then open ico selling

jossiel

hero member

Activity: 2842

Merit: 625

The community is divided with this type of idea but I like that way of supporting a legit project that doesn't want to turn an ICO.

But you are also going there and that is to make profit.

Quote from: Pricelessent on May 08, 2018, 01:52:33 PM

I want to make a business model like Wikipedia solely ran by donations

As I've said you are going through that way of making money and if the people found your open source project helpful, it's a donation as a token of appreciation.

hugeblack

legendary

Activity: 2506

Merit: 3645

Buy/Sell crypto at BestChange

If your idea is not revolutionary and provides a benefit to the actual community, you will not gain any support.
Do not make profit your first destination and focus on not giving up.
You've already taken the most critical step. [stay away from ICOs and worthless tokens]
Good Luck.

Quote from: Pricelessent on May 08, 2018, 01:53:43 AM

Bump

Remember

Quote from: mprep on July 21, 2014, 01:27:51 PM

13. Bumps, "updates" are limited to once per 24 hours.[2]

Pricelessent

newbie

Activity: 71

Merit: 0

Thank you for all your replies! I wanted to start an open source network that is ran by the members using it. And i did not want to create one with a useless token and did not want to conduct an ICO since they are mostly scams.

I want to make a business model like Wikipedia solely ran by donations

JanEmil

hero member

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Community management 24/7 for hire

Quote from: Pricelessent on May 07, 2018, 09:19:08 PM

Instead of running an ico and giving out worthless tokens, what if an open sourced project ran completely on donations from the community. Would you donate if you believed in it and felt it was needed in the crypto space?

Even small donations like .00001 BTC or .01 ETH

If they make cool stuff to support my life/hobbies then yes. I support 2 project with shilling and help. Don't think I would send BTC.

Card game : EtherLegends
Urbex / Get round the ciry : Snapcity

LY CHI CUONG

newbie

Activity: 22

Merit: 0

i think so! thanks you so much

Aikidoka

sr. member

Activity: 1078

Merit: 342

Sinbad Mixer: Mix Your BTC Quickly

Sometimes, faith will lead you to nowhere. Faith without a proof is considered to be sort of misleading. And when you talk about donating bitcoin to a project I believe in, it even will sound too fishy to me because I am a skeptical person. I do not even know if the company I am working at in real life is a scam or not because they still have not pay me yet. But if I am 100% sure that this project has real good intentions, then I will be glad to donate.

LoyceV

legendary

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Thick-Skinned Gang Leader and Golden Feather 2021

Quote from: Pricelessent on May 07, 2018, 09:19:08 PM

what if an open sourced project ran completely on donations from the community

You mean like Wikipedia? They collect millions of dollars through their fundraising rounds.
I see no reason to limit fundraising to Bitcoin only though.

Quote

Would you donate if you believed in it and felt it was needed in the crypto space?

I don't "feel" the need for 99% of "developments" in crypto, the majority of "developments" is just money grabbing ICOs and forks nowadays. If only donating could make them disappear Wink

Thirdspace

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Mixing reinvented for your privacy | chipmixer.com

Quote from: Pricelessent on May 07, 2018, 09:19:08 PM

Instead of running an ico and giving out worthless tokens, what if an open sourced project ran completely on donations from the community. Would you donate if you believed in it and felt it was needed in the crypto space?

most projects are profit oriented, so they run ICO to round up investor funds
all investors are also profit oriented, otherwise they wouldn't be called 'investors'
so we are all in this for some profits, not for some kind of charity project
If the project is indeed a non-profit project, which I doubt it, then yes people might donate

Topic: Would you donate BTC to help fund a project you believe in? - page 2. (Read 467 times)