Quote from: nuhash on April 30, 2014, 09:01:37 AM

How would you restrict votes to one per person? Or is this supposed to work like kickstarter?

EDIT:nevermind, i watched the video and it does appear to work like kickstarter

It is sort of like kickstarter but in reverse.

On kickstarter someone with an idea posts the proposal and tries to get people to fund his project.

On BitPools people with a problem pledge their bitcoins toward that problem, then people with ideas and the ability to provide the solution posts the proposal.

Then people vote on whichever idea they like the most.

There is also the implementation of Dominant Assurance Contracts (http://en.wikipedia.org/wiki/Assurance_contract) where an incentive is given to the voters, if the vote fails then those that voted for the proposal will split the incentive. This encourages people to vote if they support the proposal even if they believe the proposal might fail.