9
1
What services are available to publicly raise Bitcoin funds?
I'm considering setting up a Bitcoin fund that would accept BTC donations. If the fund doesn't reach a certain value after a time, I'd like it to refund the BTC. Also, I'd like to give donors the option of withdrawing their donations once a week. It needs to be safe from hackers (eg. the BTC are stored on MtGox with Yubikey protection), and transparent.
Obviously I don't want to use a regular bitcoin wallet address as the public wouldn't trust it.
Does anything like this exist?
1I was hoping some entrepreneur had set up a website for this :) It's similar to Escrow, but with automated conditional redemptions. MtGox BTC with Yubikey are (IMO) safer than a new website's BTC wallet as there is a history of hacking these sites to steal the coins. Assuming MtGox's security is now better than most others. – ACyclic – 2011-10-19T02:47:07.953
@DeathAndTaxes, "There is plans to implement conditional transactions" is a little vague - are you able to expand (or link to info) on how this might be done? – Highly Irregular – 2012-03-20T00:47:54.613