This is an awesome concept for those looking for ways to not only learn about investing, but also those who want there community to grow! Truly a win win situation @aplusk@jase
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Pretty cool concept, especially in the midst of so many financial woes across the nation. I still have a lot to research around this hunt, but wonder how we break-through the transparency barrier of where and how funds are appropriated and can a community raise enough to make a difference (I hope so)... a Kickstarter for Communities - I like the concept of Crowdfunded Communities you believe in.
@lewis502 awesome comment. Transparency is at the center of this marketplace, you raise a very important point. The need for greater transparency has been a huge motivator for doing this from the very start. That, and getting back to a regenerative model of community finance.
@jase We need this for Atlanta. We have an amazing pedestrian/bicycle project called The Beltline (http://beltline.org) which will connect all of the in-town neighborhoods together. It's a huge boon to health, happiness, & the urban environment. It's used for transportation & leisure. There's already been over $1 billion in new development along the 3 miles already built. The sections already built are a huge success, however lack of funding is preventing faster progress on the project as a whole (will be 26 miles total).
With Neighborly, the community would quickly and eagerly provide the funding needed to complete the project. The city would have plenty of revenue to repay the loans from all the new development along the trail.
@michaelpatzer awesome to hear. We are fans of Points of Light and the crew at @villagedefense in Atlanta. The use case you mention illustrates the exact kind of project we hope to enable local-first finance for.
@jase Also, I'm in mobile engineering with a background in finance. Not looking for a job, I'm happily employed, but would love to help in whatever capacity I can. I'm friends with the guys at Groundfloor here in Atlanta (http://groundfloor.us) who've been doing real-estate crowd-funding and navigating a lot of the legal hurdles.
@michaelpatzer nice! If you know any other engineers with financial background please send them our way!
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Been a huge fan of what @jase (and team) has been building for years now. The product is great, but the team behind truly understands what needs to be done to help push cities forward.
The WalkScore team never did anything with crowdfunding, but they were very connected in the world of urban planning / civic projects. Might be useful to chat with them at some point down the line.
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