What does the internet, crowdfunding, and cryptocurrency (CC) have in common — it’s how PICISI will find, fund, and promote many innovative inventions and ideas.
“PICISI (Philanthropic Investment and Charity for Inventions, Startups, and Ideas) is currently a multi-CC community crowdfunding cooperative plan … ” said Armis, of The Einsteinium Foundation. It will likely also be a crowdfunding (CF) website where those ‘innovative inventions, and ideas’ go for funding.
The plan has some really attractive features not found at most other CF sites for example: the ability to accept up to 5 different fiat currencies and over a hundred different cryptocurrencies; professional independent contractors (with satisfaction guarantee policies) to work on campaigns, sponsorship for Organizer profile, campaign perks, and/or campaign video; and an extremely generous revenue sharing plan for all of the communities involved. The plan is ambitious and clearly gunning for the likes of kickstarter and indiegogo.
The complex plan is being shared bit by bit, a formal announcement is expected at bitcointalk.com next week. , currently 14 coin communities have expressed some level of interest in the plan. Registration allows organizers to gage plan impression and interest, the CF campaign for start-up funds will serve as the fundraiser as well as the qualifier, it will enable everyone to get a glimpse of how the system can operate. Those who raise or earn a combined total of 1000 points (1pt = $1 or 1hr) will qualify for enrollment, the top 4 qualifiers will be immediately enrolled in the coop, the remaining spots will be evaluated based on production and seat reservations. All other qualifying coin communities will be placed on the Waiting List for Phase 2 of the pan.
Given the high potential for plan success, inaugural enrollment for the 10 CC communities (and waiting list) is expected to be competitive. Each month every CC communities must log 1000+ certified work hrs to maintain enrollment, this may be relatively easy for larger well organized communities but may pose a stumbling block for smaller communities. Organizers are encouraging all communities to contact them ASAP to take advantage of head-start opportunities.
Coins are essentially promoting themselves along with the plan, the coop, the CF site, and/or any particular campaign on the site after launch. A Compliance Director is tasked to certify all work hrs to insure acceptability before points are awarded.
If your community wants the benefits of coop enrollment: increased utility, increased community engagement, increased coin awareness, and increased coin income. and if your community is willing to share the workload necessary to maintain coop enrollment contact The Einsteinium Foundation to register.
