There's a tiny 12-person startup churning out of Des Moines, Iowa. Dwolla was founded by 28-year-old Ben Milne; it's an innovative online payment system that sidesteps credit cards completely. Milne has no finance background, yet his little operation is moving between $30 and $50 million per month; it's on track to move more than $350 million in the next year.
As a merchant, you are well aware of the hassle of the typical payment rigamarole . The time, the paper work, and, let’s not forget, the money. Before you get acquainted with Dwolla, we ask that you throw all of those assumptions out the window. To have a Dwolla account is free. Transactions under $10 are free. Transactions over $10 are a flat $0.25.
Crowdsourcing is now a massive part of internet culture and offers a way for all of us to pool resources like never before, using the collaborative power of the web. A number of web based projects using crowdsourcing as the underlying theory, are harnessing collaboration to solve business problems in more automated and creative ways. You may find that there are repetitive tasks in your business that can be automated using some of these services, increasing productivity and workflow within your organisation. The following post summarises some of the best out there on the web today that offer API access and automation, and provide a way to outsource your business problems at lower cost, and increased reward. Crowdflower
Crowdsourcing is the new black, and there are a plethora of resources available on the web for a variety of applications. Millions of volunteers have performed tasks such as cataloging Martian landforms and translating text into machine-readable form . If you’ve ever been frustrated by Captcha forms – chances are you’ve automatically contributed to book translation via Captcha. Far from being a frowned on practise, even large, established bloggers on major publications are using crowdsourcing to build up detailed third party resources and information around a topic, and it’s an often overlooked option for site owners struggling to create fresh content when trying to build up and improve their site. The following details some of the sites you can use, based on both my own experience, and from seeing the collective power of crowds in action around the web. URL: http://www.helpareporter.com/
Armory is finally Beta! (v0.86-beta) (updated screenshots below) Click here to go to the download page . Thanks to everyone who donated back in March!
Bitcoin experienced a rough night on Monday as TradeHill, the second-largest Bitcoin exchange, announced that it was closing its doors. In a statement, CEO Jered Kenna cited regulatory problems and the loss of $100,000 in a dispute with one of its payment processors as major factors in the decision. He has pledged to open a new site once these issues have been resolved.
Regulation is stunting the growth of digital currency businesses that pose a long-term competitive threat to banks. The latest to get caught in the regulatory thickets is TradeHill, a Bitcoin exchange that has suspended trading until it can get licensed as a money transmitter. Its reasons for retreating echo the concerns of Facebook Inc., which has been pursuing money transmitter’s licenses to legitimize the social network’s Facebook Credits. That TradeHill, which shut down its service and returned its clients' funds on Feb. 13, and others like it would run into regulatory challenges was almost a given.
If the current system of legal tender ends in collapse, we might find ourselves in a system of decentralized barter. But letting the free market determine what money is may not be a viable permanent option . This is the second article in a series about transition to a currency based upon a national Bitcoin model . The banking industry has been rendered obsolete by the internet. Once bank accounts are electronically transferred out to customers' own computers (or to customers' cloud storage), banks as we know them would cease to exist.
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application programming expert for hire to make it easy to set up a Flattr app connection. It will run a several steps set up process so you can easily connect to Flattr.
You’ve signed up and want to put a nice friendly Flattr button on your site? This step-by-step guide explains how to get set up – quick and pain free. 1.
Enjoying the sights and sounds of Montreal Swedish developers Per Thulin and Karl Tannergård have created a browser-based music player that streams music from Youtube, SoundCloud and Official.fm. Youtify comes with a unique feature: through integration with flattr’s social micropayment platform , it allows listeners to donate to artists with the click of a button. For indie musicians, that’s an interesting proposition. How Flattr works Flattr users contribute a monthly amount of their own choosing to the service and content producers add a flattr button to their website.
This week’s Pinterest content monetization ‘scandal’ has taught us a lot about the naivety of the modern-day web user. Yes, platforms like Pinterest (and Pocket-Lint and WIWT ) use a tool called Skimlinks to generate revenue from subtle referral links. As Skimlinks CEO Alicia Navarro so aptly explained: “It’s not a secret. We do monetize social discovery, and it’s great” . For those of you about to fall off your high horse, how else can these sites exist without such revenue streams? Banner ads are ugly, un-engaging and hated by users, so solutions like Skimlinks are a win/win/win/win (publisher, service provider, advertiser, user).
Creating a legal entity for your startup will establish much-needed separation between you and your business. Shielding your personal assets is the first and foremost reason to think about incorporating. But let’s face it.
Who needs banks? Crowdfunding websites can help you find a community of small investors to fund your business, without the risks of traditional financing. Here is a list of crowdfunding sites.