Open Ventures
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Compare MiiU.org vs Sensorica vs PieTrust
Link | MiiU.org | Sensorica | PieTrust.com |
---|---|---|---|
Last update | Aug. 15th 2011 9:13:50 AM | Aug. 12th 2011 4:17:53 PM | Aug. 16th 2011 11:26:10 AM |
Website | miiu.org | sensorica.co | pietrust.com |
Description | Visual database for resilient people, places, and things | Technology: optical fibre-based sensing tools | Provides reputation systems for other businesses/websites. |
Operating Analogy | Anti-Facebook that empowers super-users & pays the crowd | Tech startup + gift economy, intends to tap a variety of member motivations including creative passion & philanthropy | Reputational 'currency' based on peer review/weighted ratings. |
Video Resources | John Robb on Open Ventures vimeo.com/... | Bayle Shanks at Ignite in San Diego youtu.be/... | |
Founder(s) | [more info needed] John Robb typepad.com/... Shlok Vaidya shloky.com/, David Rauschenbach rauschenbach.us/... | Tiberius Brastaviceanu sensorica.co/... | Bayle Shanks |
Control | currently JR & SV provide leadership, mentoring, backend platform upgrades > driven by user suggestions/requests, MEANWHILE tribes are self-organizing to create & curate content | to be determined | Initially benevolent dictatorship, but later, parliamentary democracy with votes weighted by PieShare |
Revenue sources | Google AdSense contextual ads, Amazon Associates affiliate ads | tbd | subscription revenues from website, subscription revenues from embedded API. Also consulting about reputation system design. |
Revenue distribution | 10% > founders w/ cap @ $120k/ year, ?% > tech costs, ?% > seed new open ventures, 80% (?) to participants allocated w/MMO gaming software according to contribution. Currently: all Amazon affiliate revenue is available to page creator/maintainer(s) | Members are only rewarded when products are sold to the external market. Mechanism under construction: reputation, value accounting, and distribution system including internal currency | majority of net distributed proportional to PieShare |
Who can participate | anyone, wiki-style | tbd | almost anyone |
Learning Curve | moderately easy | tbd | |
Entry threshold | become a user; learn mediawiki; create pages & upload photos; link your Amazon affiliate account to ads on your pages; future: link your (eg: PayPal) account to MiiU username for venture-wide revenue sharing | ||
Platform/User Interface | mediawiki (same software that Wikipedia is built on) | web-based | |
Transparency | very high degree of transparency planned after launch. Source code will be publically downloadable, financial books will be open to contributors. | ||
Looking for | Page builders/curators, pageview promoters | Crowdfunding for infrastructure (not R&D), new members w/ specific skills | contributors: coders to code site, lawyers to design "open venture" legal structure, mathematicians and economists to develop better reputation algorithms, web designers to make site easy to use and good looking, businesspeople to help with everything else |
Succession: What if Founders get bored...or die? | tbd | tbd | new leaders elected via PieShare-weighted democratic system |
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