Hi Reddit Community,
I’m working on a SaaS platform concept and would love to get your brutally honest opinions and critiques. Here’s the gist of it:
Concept Overview:
- A platform where users can share their innovative ideas publicly.
- Other users can upvote or downvote these ideas, similar to Reddit’s system.
- Ideas with significant traction (decided by the number of upvotes in 24 hours) enter a “trending” phase.
- In this phase, the idea is more prominently featured, and a funding campaign kicks off. Here, the community can financially support the idea with donations.
- The platform takes no cut from these donations.
- To ensure accountability and prevent misuse of funds, the money is released to the idea owner in stages, upon reaching predefined milestones.
What I’m Seeking:
- Your thoughts on the feasibility and appeal of such a platform.
- Potential drawbacks or challenges that might arise.
- Any suggestions for improvements or additional features?
- Honest roasts and constructive criticism are welcome! I’m here to learn and refine the concept based on your valuable inputs.
Thank you for your time and thoughts!
Looking forward to your insights and roasts!
The main challenge is that no one is going to post their project to your platform before it has a ton of users. And there won’t be any users, before there are a lot of posted projects there.
With this pitch, I don’t see how this would be better than to first post to /r/SideProject/ and then to Indiegogo if one wants to try to raise capital this way. Both are already existing platforms with a lot of users. Your platform will have zero.
What are they ways you are planning on making your platform to have users? Without quite a bit of capital, it’s going to be a very difficult challenge. Most platform type websites fail, because they are the most difficult type of websites to build.