History of PieTrust.com

Last update Aug. 16^th 2011 11:26:10 AM

Creation date Aug. 15^th 2011 9:13:50 AM

• 
  Bayle Shanks on Aug. 16^th 2011 11:26:10 AMReport

  Founder(s)

  Bayle Shanks

  Control

  Initially benevolent dictatorship, but later, parliamentary democracy with votes weighted by PieShare

  Revenue sources

  subscription revenues from website, subscription revenues from embedded API. Also consulting about reputation system design.

  Revenue distribution

  majority of net distributed proportional to PieShare

  Who can participate

  almost anyone

  Platform/User Interface

  web-based

  Succession: What if Founders get bored...or die?

  new leaders elected via PieShare-weighted democratic system

  Looking for

  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

  Transparency

  very high degree of transparency planned after launch. Source code will be publically downloadable, financial books will be open to contributors.

• 
  LandonSyn on Aug. 15^th 2011 9:13:50 AMReport

  Mode

  70

  Name

  PieTrust.com

  Viewer

  public

  Editor

  public

  Category

  enterprises

  Website

  http://www.pietrust.com/

  Description

  Provides reputation systems for other businesses/websites.

  Video Resources

  Bayle Shanks at Ignite in San Diego http://youtu.be/N-6z_Z2Bi2k

  Operating Analogy

  Reputational 'currency' based on peer review/weighted ratings.