A while back I made a website to generate bitcoins, the coins were worth about $5 a piece at the time. The website was basically designed to earn a commission off of competitive 1 on 1 gaming. The players would agree to a wager set by the game host. Once the wager is agreed upon, they would compete in a match to determine who would collect the total in the escrow. After the game was resolved, I, the creator of the website, would collect a commission, and the winner would receive the rest of the amount in the escrow. Now... the idea was solid and doable, and it received mostly good feedback... but then something went wrong with the transaction protocols within the code, and I really didn't have the motivation to fix it. So, basically, I gave up on it, just as it was starting to gain attraction from this community. The reason is pretty much because I just didn't want to anymore. I lost interest...

So I've been thinking recently... bitcoins used to be worth next to nothing, and at that time, people would have to buy large amounts to have anything substantial. Then, the value of the coins rose drastically. Now, I'm wondering what is going on with those of us who bought in this circuit when it was just starting... they must be doing pretty well for themselves. So... I want to set something up, basically like kick-starter. You could post videos, essays, anything you wanted to express your idea. And just like the show "Shark Tank", there would be a panel of investors. They could remain anonymous, but still voice their concerns about the idea, critique the weak ends of the proposal, and of course buy a percentage of the ownership and invest. My approach would be entirely humanitarian though, and I think that is something that is lacking in this aspect of anonymous fiscal operations. Also, that's pretty much the reason why I forewent the development of the chess site. I didn't see anything positive or productive, all-be-it an interesting idea, and I think I am capable of something better, with the proper resources at my disposal.

To avoid failure of this idea, the people requesting these funds would have to offer some kind of collateral, or sign a contract obligating them to do what they are proposing. The investors, however, would not. They would be entirely anonymous, but still have a legitimate stake in the project or operation. I would want this to be entirely legalized. There has to be contractual obligations for the people requesting funds from the "Sharks". I am fully capable of developing a project like this, and I think it would be a good opportunity for creative people who lack the skills and resources necessary to make the world (or just this community) a better place.

Thanks, and sorry to those of you who wanted to see the chess site progress.

(Constructive feedback please)