Kickstarter for steemit dollars!

in steemit •  8 years ago 

Here's my idea-
Create a website like kickstarter where people can make their ideas become reality by crowdfunding- but with SD - the domain I was thinking is available

What do you think? good idea? It would be pledging Steem dollars towards a project or goal... once the needed amount is met, then it is released from escrow-- or if not met- refunded back to the user.

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I think steemit by it's very nature is a crowdfunding site. Check out something I just posted minutes ago. I'm trying to do something like this.
https://steemit.com/steemit/@stxhoops/how-steemit-is-funding-my-1968-vw-bus-restoration

true- but your post can get buried in all the other posts couldn't it?

Isn't this basically what they were trying to do the with the DAO?

please explain- what is the dao? I'm new to all this lol

The DAO was a decentralized autonomous organization that was built on the etheruem blockchain that was going to function essentially as a venture capital hedge fund. Projects were going to be voted on and funded by people that held DAO tokens depending on how much was funded and by who that user would have received a dividend proportional to the amount they contributed. There was a hack that froze up many of the tokens and seemed to take the wind out of its sails.

I see

You can already do this with BitShares, which shares the same technology with Steemit.

ok... but I guess the main point of the idea is a steem branding

not exactly. Kickstarter gives money to fund raiser only if goal is reached. METAEXCHANGE don't even meet their goal.

bump. i just wrote about something similar but with a major addition, donators could use the funds of being commenters intergrated with the way steemit works! :) - https://steemit.com/steemkick/@teamhumble/new-model-for-crowdfunding-is-possible-with-steemit-for-existing-sites-like-kickstarter-i-ll-tell-you-why