>In partnership with FoundersPledge, we'll be giving 30% of our revenue towards projects for education, sanitization, climate change prevention and more.
>Who's paying for everything so far?
> So far we have been completely self funded. However, this has proven to be very hard. With most of us working full-time jobs apart from Openbook, it could take us long time till we release the first version and even then, we would not be able to afford the IT infrastructure needed to compete with any of the established networks. As we wanted the project to be driven by people and not capital, we decided to go for crowd-funding. We'll be launching our Kickstarter campaign on the 17th of July.
They don't appear to have a revenue model. I'm not sure if they consider donations from kickstarter revenue, but so far its their only source. I don't think passing on 30% of donations to FoundersPledge is really changing the world
They are probably trying something similar to ghost blogging platform.
Whether they are successful or not is to be seen, but I am not enjoying how some people are unnecessarily shitting on their effort.
Openbook is not only an evolutionary step for social networks, it's also a humanitarian project at world scale.
Makes me want to vomit. You're making a website, not feeding hungry children.