Post
Topic
Board Lending
Re: TurMine Accel. Project - Need Multiple Investors/Financiers to Begin Next Week
by
shoopwooper
on 14/01/2013, 23:28:35 UTC
Quote
Ah, ok.

How do you expect to be able to monetize this program?

We were sitting around the whiteboard last night discussing potential options for monetization, given the parameters and characteristics of the program.  We're trying to take a multi-step approach to it.

1. Ad revenue on the host site and potential sponsorships/partnerships with larger companies.

2. Skimming (1-2-3% of all generated coins)

3. Donations

Our biggest obstacle right now is just getting funded. Paying back the loaned funds is a non-issue because it just involves saving our receipts and returning computers when development ends.  We're not out to try to make millions with this, but we do this we stand to generate a bit of income. We just want to get A's, create the best mining client out there, introduce people to Bitcoin and how it works, and thank those who support us by giving them a little extra something back. As far as i'm concerned, everyone wins.