May 17, 2005 is an interesting new community-based online fundraising service that leverages the Plone CMS and the Paypal API.

In their words:

Fundable is a new service that lets groups of people pool money for various purposes in what are called “group actions.” Similar to an online auction, a group action has its own page, describing how much money will be collected and what the money will do. No participant takes a risk: if the collection for a group action falls short of its target on deadline, all money is refunded.

Fundable’s all-or-nothing approach to collecting money lets you participate in a group purchase or fundraiser without worrying about what other people will do. You will either get what you paid for or get your money back.

Right now you use it through the site, but they promise an open-source release of the software soon, so you can run your own Fundable server if you wish.

Posted by Jason Lefkowitz at May 17, 2005

If said project is tied to the contractual performance of a major mover of people tied to certain legal constraints and revies, then how would one be able to move the project forward if the project was dependent upon cash and legal instruments that require some considerable administrative costs?

Posted by: Bill on May 20, 2005 5:59 PM
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Ant's Eye View is edited by Jason Lefkowitz, a consultant and Web developer in Alexandria, Virginia. Got a question, comment, or concern? Let me hear it!

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