TipIt: like reddit, but will rank with tips rather than votes

by byrneseyeview • 19 years ago

16 14 19 years ago

timg• 19 years ago

Was thinking of doing something very similar a while ago. Good luck.

mdemare• 19 years ago

Cool! Only start a transaction when you reach a threshold - makes perfect sense! Essentially, they solve the micropayments problem by using lazy evaluation.

rzwitserloot5• 19 years ago

Thanks guys. We'll be pitching at The Next Web (Amsterdam) 1st of June and from there on out market a bit more aggressively. Software's almost done.

--Reinier, http://tipit.to/

Alex3917• 19 years ago

I think a better model would be just to get users paying five bucks a month, and then to evenly divide that up among the stories each person votes for. Then you just have to get 100 users to sign up to get the thing underway. With the current strategy both the amount you are expected to pledge and the number of people needed to get the thing to hit it's tipping point are kind of nebulous.

Anyway I like the idea. I'll probably sign up once it's out.

rzwitserloot5• 19 years ago

'get users paying five bucks a month'? Sounds difficult.

I'll leave that to another enterprising soul. I think that's best left as an add-on of sorts to existing aggregators.

ralph4• 19 years ago

The "give us your email address to hear future news" form isn't working. There's no response from dreamhost as at 2007-05-26 13:12:48 +0100. Can you let us know when it's back?

rzwitserloot5• 19 years ago

Dreamhost is wonky a lot, of late. From time to time it sort of goes down for a couple of minutes, then comes back later.

We'll get the 1U installed at a colo facility soon and move this page over.

ralph4• 19 years ago

How do you take payment from me when you come calling asking me to cover my tip pledges? Say it's Visa. They charge for that so how do you cover your costs? I like the idea of asking the content authors to tip you in turn when you pass the tips onto them, but is it those tips that you're relying on to cover costs or do you ask me, the original tipster, to cough up the tips + a processing fee?

It's a great idea and I'd like to see it succeed.

rzwitserloot5• 19 years ago

We'll ask you, the original tipster, to cough up the tips, then we reduce all tips you made by just enough to cover whatever transaction fee is involved with your preferred method of payment. At least - that's the current plan.

In other words, the transaction cost is split according to 'share' by all the tipjars you are paying into. In practice this translates to worst case scenario 10%, usually far less.

Eat your own dogfood is the motto. We don't intend to charge for bandwidth, site development, server hosting, or any of the other costs normal sites have to contend with. We draw the line at paying transaction fees out of our own pockets, that's all.

falsestprophet• 19 years ago

I love these new startups: like reddit, but unsuccessful.

nickb• 19 years ago

Quick Q... what value do I get, as a user, for my money?!

rzwitserloot5• 19 years ago

We've got that angle covered with a number of features, but primarily: That's up to the blogger/comic artist/musician/whatever that you're tipping. He might post more, write more strips, decide on a story line, and other such things in response to his tipjar filling up.

TipIt: like reddit, but will rank with tips rather than votes

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