How will you get people to be one of the first into a new bubble when there is very little chance that this new bet will be the popping one?
Fun idea overall though.
CK
Thanks for the feedback CoryK. What you say is true and I figured that it would be a problem early on. That's why the idea is to have 50% of the last bubble's worth to be transferred to the consequent one to get it rolling. In addition to this there will always be multiple users that wait until the last minute to invest and miss the target, having their investments go into the following bubble. That should be enough to get the next round's bubble well into the low bursting probability range. It's something that will need to be tweaked and toyed with in the alpha build until it's just right.
One important element that the UI mock-up I posted lacks is a visual feedback on the likelihood of the bubble bursting. This will be included in the final game.
The idea sounds interesing, and different from all those dice-games.
However I do strongly agree with greentea. Unless you offer shares, there is no real incentive to invest here.
Also the asked amount is a little high if you ask me.
Someone with decent programming-skills could build a working version of that in probably just under two weeks - the fact that you are looking for heavy funding tells me that you are probably not that "someone"?
If that should be the case you will have a tough time before you, but none the less the concept looks good and I wish you the best of luck with it.
My advice: Just do it! The chances of getting funding with not even a working prototype are pretty low.
Thank you for the feedback olsn! You raise some important points.
What would give people good incentive to support this? When you say shares, do you mean a percentage of the revenue that the website generates? That might be a good idea.
I realize that I'm asking for lots of btc, but this is the range that most software/web development companies have quoted me after hearing my idea. They normally say that around $10,000 to $15,000 will be required for the project. I wish I could code this thing on my own but I don't know the first thing about programming, nor do I have the time and resources to learn. I'm just the ideas man.
Are you sure that two weeks is a reasonable time frame? Based on the feedback I've received from several developers, I feel like the project would be a bit more involved than that. It would be wonderful if someone with programming skills could clarify this for me.
All the best!