OSS Funding through Fundable

John Pratt writes "FredCK, developer of the popular FCKEditor, recently raised $600 from supporters through Fundable to port his open source HTML editor to Safari. Fundable is a new site that lets groups of people pool money for specific purposes, like software features. Unlike generic donation dropboxes (such as PayPal buttons), if a group's targeted collection isn't reached after 2 or 4 weeks, everyone gets a complete refund." Newsforge has a piece discussing the site as well.

Comments

Better name

[Anonymous Coward]

Should have called it FCKable

Public menace?

[sharkey]

The editor runs over Windows, Mac and Linux operating systems.

Didn't the guy who wrote SASSER get arrested for running over at least one of the listed OSes?

Human Fund

[Stevix]

so now i can make a Human Fund for real? or at least justify handing these out at Christmas, and have a backup if someone gets wise...

I think we found that #2!

[fitten]

The concept, while unique, is quite simple. Anyone who has a product or service to sell, or needs monetary support for a charitable cause, or who wants to organize a group purchase, posts their requirement on Fundable.org. They specify the number of contributors needed and the amount of money required from each. They also specify a deadline by which to raise the needed capital. Fundable.org holds all contributions until the total amount requested is received, or the deadline is reached. If, by the deadline, the amount contributed is less than the required amount, the project is scrapped and the contributors receive a full refund.

So, all they do is collect money (and earn interest on said money) and watch a date. They don't care that the software is actually delivered and/or works (which is somewhat smart because they collect interest up until the deadline regardless and they aren't responsible for the quality or even the delivery of said product). I think we finally found that #2!

1. Collect money for someone
2. Collect interest on said money up until a deadline and either give the money back or give it to the person who set up the fund depending on amount.
3. Profit!!!

What am I doing wrong?

[pyrrhonist]

I added the following in my code, but I am still not getting any money:

public class MyOSSProject implements Fundable

After implementing the interface, my project compiles fine, but the money is just not coming it when I run it.

Any thoughts?

If anyone can help...

[dark-br]

I have just set up a account so maybe I can raise the funds needed to buy your public school Linux Lab a new box.

Help if you can

Many Brazilian kids would be very very thankful!