News for hackers. Stuff that matters.
Re:Gittip - Set up recurring tips to people who do great work. by whit537 on Tuesday June 05, 2012 @12:54PM (#4069457)
Thanks for the link. Reading now ...
Re:Gittip - Set up recurring tips to people who do great work. by whit537 on Tuesday June 05, 2012 @01:25PM (#4069658)
First off: Yes. The premise is that you can tip people without their knowledge, "crowd-sourced genius grants."

https://www.gittip.com/about/

I see a few differences with Kachinga:

- With Gittip, recipients receive the full face value of their tips. The donor is responsible for credit card fees.

- The fees are minimal: $0.10 + 3.9%. Right now I'm using Samurai for payments, and they charge me $0.10 + 2.3%. My margins are thin.

- My margins are not going to be "my" margins. If this gets traction, we're going to organize it as a cooperative, not a corporation. The plan is for everyone who tips through the site to be a member of the cooperative, the purpose of which will be for the escrow of gifts to individuals.

- Gittip tipjars are tied to people, not companies or websites (you can currently send tips to Github organization accounts, but that's ticketed to fix: https://github.com/whit537/www.gittip.com/issues/4). I can imagine changing that but for now it's designed for people, natural persons.