Ask HN: Startup Idea

https://news.ycombinator.com/item?id=7051079
by caruana • 13 years ago
2 8 13 years ago

I'm not one to hold back start-up ideas or require NDA's because I know from past experience that it's not the idea that is successful but rather the execution. So, I am hoping we can spark a small debate here regarding an idea I have.

Essentially I would like to set up a anonymous to anonymous donation site using bitcoin. Here's a quick overview of what I'm thinking:

1. People donate bitcoins into a pool that will be dispersed at a variable interval. 2. People who need a some help can write a 1000 character short story and those stories can be voted up or down by the crowd (kind of how hacker news works now). 3. The pool will be divided up at an even split (say divided by 10) and then dispersed to the top 10 stories. 4. If a story requires $1000 but only receives $100 they will stay in the queue until they either reach their goal or get voted out of the queue.

Let me know your thoughts.

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