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How are openbook going to fund this? It costs a lot of money to run a social network. I read through the material and the only thing I saw was a pi-chart, nothi
by quantumwoke 8y ago
How are openbook going to fund this? It costs a lot of money to run a social network. I read through the material and the only thing I saw was a pi-chart, nothing explained their revenue model. Not to mention their privacy model seems exactly the same as facebook's.
- privacygeek445 8y agoI guess thats why the kickstarter! And if they get traction they can always later go for venture capital. I know its an uphill task but I'm overall positive. Kickstarter will also get them a lot of beta users right out the door so that was a smart move if you ask me I think I saw something about their revenue model on their website FAQ.
- quantumwoke 8y agoThe kickerstarter will only bring in a finite amount of money. Long term operations will surely require more than that. Why would anyone want to invest in this? Twitter/facebook etc can at least collect advertising information. There is some discussion about what seems to basically be a cryptocurrency, but its surely not sustainable.