On Wed, Dec 27, 2017 at 11:59 AM, Luke Kenneth Casson Leighton lkcl@lkcl.net wrote:
ok so the past couple of updates i sent out i mentioned that there's no longer sufficient funds in the current campaign to further pay accommodation or any other living expenses. thus it is *really important* that i find sources of funds, immediately. beyond that, i may have found something that's worth exploring that has the potential to fund pretty much absolutely everything that we want to achieve, if it is leveraged correctly.
one of the options that i am exploring is bltclub.
I got to be honest here, running out of funds in a crowdfunding campaign and looking to make it up via bitcoin does not make me feel very confident. I don't mean to rub it in your face and I'm sure you've explored this thoroughly, but you also did that with the campaign and yet you did run out of money because shit happens and crypto is too messed up right now. Besides the problem with bitcoin is that as of right now there are 200k pending transactions. So unless you can confirm from beforehand that you can pay a significant amount of the remaining expenses directly via bitcoin I don't think this idea even computes as turning it into fiat is slow and expensive in transaction fees.
An idea of mine: this project is exactly what the government funding shakti hope for. Maybe ask madhu about potential government/uni funds. Pitch the crowdfunding campaign as the proving ground of the standard and hope for the best. Education is a good example. If it goes through you will probably get more money that you'd know what to do with in the context of the campaign, plus a nice trip to India.