AltcoinUK, I am not going to set a threshold as high as $112,000 for the donation bounty on that one anonymity invention, even though I think it is a very significant feature. I am just stating what my earning opportunity cost had been inflation-adjusted from 2001. So hopefully the market will understand I am not going to give that feature away for $10,000.
The way it works is that you first decide what level of control you want to retain, and whether it is
- by charter
- by preferred shares, or
- by majority/required supermajority of shares.
Then you write the charter. Then you sell the shares up to the number you want. Then we have a 24/7 market where they are traded. If your project is perceived good, people will buy up the shares, and you can sell more if you have more monetary needs.
CK's own financing like this has allowed me to keep about 45% of the shares and accumulate 25% of the other assets in the game. It has been about a wash cash-flow wise and prevented me from working in another project for a year.
But I still have the 45% superminority of the shares, and they are worth $200k or something. A year ago I was where you are now, holding an infinitely powerful idea in my head worth billions, valued at $0 and owning 100% of it.
In 2013, I made $millions in BTC. It's at least possible that 2016 will become the first payout year from all I have done since the last BTC bubble.
Please consider what are the:
- contributions you need
- limits of influence you must retain
- money you require
- plan for acquiring more stakeholders to increase public skin in the game and rake money out yourself
- what the owners ultimately get.