@altcoinbonanza funding is important for the short to medium term, and there is a longer term goal that our efforts will create a self funding mechanism, not only for the Reddcoin team, but anyone who is on board.
For the short and medium terms I have had many thoughts about how to progress funding.
I do like the idea of crowd-funding, and I have also kicked this around.
Ultimately, those who put in to the fund, will want to get something back in return - and understandable so.
I have not yet cemented what that “something” is
So I am open to ideas on this - community brainstorm welcome
I have watch many projects start, request funding (VC, private investors, etc) and then shortly after collapse .
These are ‘flash in the pan’ operations with no long term goals, and the only ones who have really benefited have been the founders and early adopters have lost out.
Like it or loathe it, Facebook started off in very humble beginnings.
They had a catchy idea, that was functional before going out to seek investment.
This subject could be an entire essay really.
So to answer your question, any attempt to raise capital would be welcome.
Recently we opened 3 addresses for donations from community members to serve
Where we raised about 32MM RDD
Each of these addresses are also set for staking