Diaspora and How We Will Make Money

What’s interesting is that this underlines the commonality between writing songs and writing code, and how the same approach to financing can be used for both (something I've written about before.) I think that’s important, because it offers a new way of getting free software projects off to a good start. Rather than just hacking and hoping, projects that serve a real need can follow Diaspora's example and seek funding from the start, offering a range of rewards.

via Diaspora: The Future of Free Software Funding? – Community – ComputerworldUK.

The writer discusses Diaspora (note: I am one of the investors in Diaspora) which aims to be a privacy-safe Facebook-like site, once it is up and running. The folks behind it (NYU students) asked for pledges to make $10,000 but ended up getting more than $100,000 in pledges.

They had levels of pledging, with different premiums associated with each level. What a model that indicates there are ways to do Open Sourced work and still get paid.

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