PicoIPO - a crowd funding app using OpenTransact and PicoMoney

[Pelle Braendgaard]

Guys,

We're playing with the idea of creating a Crowd Funding app where early stage companies can launch by pre selling credits in their service.

We'd like to gauge interest in this. Please sign up  here and spread the word if you're interested.

http://signup.picoipo.com/?lrRef=c2pLq

Pelle

--
http://picomoney.com - Like money, just smaller
http://stakeventures.com - My blog about startups and agile banking

[Alex Rollin]

This is  great idea for a service and there's still some P2P tools to be built to accomplish the same.  This is  certainky a step in tye direction of the economic model based on real stuff.  

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[Melvin Carvalho]

On 6 December 2011 22:23, Pelle Braendgaard <pe...@stakeventures.com> wrote:
> Guys,
>
> We're playing with the idea of creating a Crowd Funding app where early
> stage companies can launch by pre selling credits in their service.
>
> We'd like to gauge interest in this. Please sign up  here and spread the
> word if you're interested.
>
> http://signup.picoipo.com/?lrRef=c2pLq

Seems like a good way to get some seed capital.

Perhaps individuals should be able to partially IPO themselves too.

>
> Pelle
>
> --
> http://picomoney.com - Like money, just smaller
> http://stakeventures.com - My blog about startups and agile banking
>

[Count Zero]

This could open the way to Crowd Sourced collection agencies, where the bullies drink Open Source formulas to buff their muscles, travel in Crowd Sourced car services (like GetAround), to pester the borrower until they return the money.

Or is it like with VC's where if you lost the money because the startup failed, then it's gone?

[Anthony Di Franco]

Almost certainly.

I'm personally hoping for balances that decay towards zero in the long term. Bounded-impulse-response monetary systems have a lot going for them.

[Pelle Braendgaard]

I agree. The whole idea is that you use the currency

P

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