Re: PaySwarm-powered Open Source Crowdfunding Platform

On 20 December 2012 19:05, Manu Sporny <msporny@digitalbazaar.com> wrote:

> This is related to an e-mail that Melvin sent to this mailing list last
> week about open source IPOs.
>
> We're considering building an open source crowdfunding platform built on
> the PaySwarm protocol. This funding platform could be used by anybody to
> launch niche crowdfunding platforms. For example, the open source
> development community could use it to fund features in certain software
> projects (like raising money to hire somebody to implement a solid SIP
> client for node.js). A knitting community could use it to fund the
> purchase of yarn to make sweaters for folks affected by hurricane Sandy.
> A gaming community could use it to fund new extensions to an existing game.
>
> It would probably only support gift-based fund-raising at first (what
> KickStarter/IndieGoGo does). There would be plans to support
> equity-based fund-raising as well as debt-based fund-raising in the
> future, given enough interest in the project.
>
> The work would be built on top of the Payment Intents specification:
>
> http://payswarm.com/specs/source/payment-intents/
>
> Would anyone on this list have an interest in such an endeavor?
> Contributions wouldn't have to be across the board - it could be
> conversation on this mailing list, conversation on telecons, code
> contributions to the open source project, copy writing, etc.
>
> The work would be performed after the commercial launch of the PaySwarm
> reference implementation, but thought I'd send an e-mail out now to see
> if there would be interest in a project like this.
>

+1

Certainly very interested in discussion, coding, building systems!

I've spoken to at least one person at a major investment bank and there is
interest in such ideas (eg to possibly create a startup along similar lines
next year).


>
> -- manu
>
> --
> Manu Sporny (skype: msporny, twitter: manusporny)
> President/CEO - Digital Bazaar, Inc.
> blog: HTML5 and RDFa 1.1
> http://manu.sporny.org/2012/html5-and-rdfa/
>
>