Paul....

I think the problem for me has come as this has escalated from a fairly simple approach to enabling someone who plans to develop and release open source/freeware to gauge the market before doing so, into a sort of commercial-grade bidding registry which, I agree, would require appropriate disposition of the proceeds of any deposits made on behalf of projects that never get off the ground.

Maybe there are two classes of project: free/opensource, and commercial, with slightly different rules and procedures for each?

Dan

On Jul 20, 2005, at 12:16 PM, [EMAIL PROTECTED] wrote:

Dan,
Wow is the word! This has so much potential it is hard to underestimate it.

I think the escrow idea is essential (for all but the smallest projects). People who donate money (especially large contributions) should know that they will get it back if the project is not commenced or completed. Developers should
know there is real money in the kitty before beginning work. I've
incorporated the idea of "pledges" to give an idea of support for the request before any money at all is committed. A developer might begin work on pledges alone if there were enough from enough reputable people - but long projects require real money. For smaller projects the moderator can manage the escrow account, for larger projects there should be a third party escrow. Even with the original
idea, the money must be stored somewhere.

There are countless other details to be resolved (for instance, what happens if contributions exceed expenses; everyone gets back a percentage of the excess?) but we can begin with a registry (or better name/ description if you've got
one).
Paul Looney
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