This is NOT a new idea. This is just a feature-focused threshold system the same as using Kickstarter. There are also tons of feature focused sites. Here's the

This is NOT a new idea. This is just a feature-focused threshold system the same as using Kickstarter. There are also tons of feature focused sites. Here's the exact same thing already: http://catincan.com/ http://catincan.com/ There's also tons of bounty-style feature systems like http://www.freedomsponsors.org/ http://www.freedomsponsors.org/ I could go on and on. There's no particular reason this variation is going to fail, but it's not new. The only thing notable is the no-fee for Open Source. The Bitcoin focus isn't even remarkable, because there's http://bitcoinstarter.com/ http://bitcoinstarter.com/ Oh, and the idea-validation is already inherent to crowdfunding. Anyway, I wish people didn't keep wheel reinventing all the time. At least recognize it.