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Startup Idea - Live streaming where people say what they're going to do, then collect money in escrow before they actually do it. IE: I'll try and do a standing long jump over these ten people if I collect $20.

If they succeed, they get the money. If not, the money get's returned.

Other use cases could be people constantly streaming and having a "hat out" to "throw money" in, akin to street performers.

Crowdsourced, streaming entertainment.




Neat idea, but I can imagine several ways this could go wrong (in the "this is why we can't have nice things" sort of way).

For example, this sort of thing already exists in shadier portions of the internet. It's also the reason why MSFT removed the gift-MS-points feature.


Cool idea, but I can see it quickly spiraling into -- "watch me jump off my roof and most likely miss this trampoline and hurt myself terribly for $10".


I doubt it. It will probably quickly spiral towards "watch me take my clothes off".


Can't kickstarter.com already be used to do this? The live video could go on Justin.tv, USTREAM, or whatever.


Wow! I can just hear the lawyers salivating now...


Email me. Lets make it happen.




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