Do you take the money, or do your users split it between their friends and you take a cut?
The take the money one has been done (Beeminder, and others probably), but sure different flavours are welcome.
The split with friends I haven't seen. That would be pretty cool, especially if you can do it without needing to pay banks a txn fee, or perhaps a tiny one (maybe you take a 5% of profits fee from participents, or similar). Crypto is the other option (!).
The split with friends is great becuase
* People less likely to lie to friends than a SaaS. Which is good for both parties.
* Social motivation and financial motivation.
* If you lose it's like losing a game of poker with mates, not a big deal (as long as you kept the stakes reasonable).
The take the money one has been done (Beeminder, and others probably), but sure different flavours are welcome.
The split with friends I haven't seen. That would be pretty cool, especially if you can do it without needing to pay banks a txn fee, or perhaps a tiny one (maybe you take a 5% of profits fee from participents, or similar). Crypto is the other option (!).
The split with friends is great becuase
* People less likely to lie to friends than a SaaS. Which is good for both parties.
* Social motivation and financial motivation.
* If you lose it's like losing a game of poker with mates, not a big deal (as long as you kept the stakes reasonable).