Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [START] StartCOIN 2.0 - The digital currency for crowdfunding
by
Alpenglow
on 23/07/2015, 19:49:39 UTC
Why most of these crowdfunding projects aren't offering anything in return? like some kind of share on their website/company or whatever.  I see startpeeps is offering to place your ad on their website..am I right? but other projects are just looking for free money while offering nothing GOOD in return. I have yet to see a mind blowing project on that website (excluding startpeeps)..most are just meh and already exist.

Here are things they should offer to investors: Shares, Advertising, Free handjob for lifetime? (could work)  


I actually disagree strategically but agree in spirit.  You don't want to do anything (especially early on) to discourage someone seeking funding from going elsewhere. If Startjoin is going to be the place to get projects funded then it should aim to be very competitive with few strings attached. Of course folks with not so great ideas will have to make more promises cause the community will be less inclined to provide funds. In other words the market will take care of this. A great idea- be it a company, political activism, or whatever has the potential to draw in so many new people not only to startcoin but to cryptos in general. You want to encourage those potential awesome projects to launch on Startjoin (by not making all sorts promotional rules) and really it only takes one or two great projects (especially a controversial one) to get START lots of media attention and a crowd of folks who want to get behind this hypothetical project.  This new crowd(s) will very possibly not be the people already in bitcoin/crypto.  One often overlooked aspect of START is the potential to bring in new people to crypto - notice how other alts are competing for market share with LTC, DOGE, DASH, etc..  Forget trying to get a bigger piece of the pie when you have the power to make the whole pie BIGGER.