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A blog post on Bitcoin Money blog (@BitcoinMoney) describes the crowdfunded project Screw Banks, Use Bitcoin which resulted with the release of a video and promotion website. Excerpts:
“The video started out as a project on Max Keiser (@MaxKeiser)’s Pirate My Film (PMF) (@PirateMyFilm) crowdfunding platform. Pledges at $5 and up were made by the Bitcoin community, and once the project was fully funded, the only way to send funds was with bitcoins.”
“Fundraising for the project started in started in November, 2011 with the goal of raising $1,500 USD but the project was oversubscribed by the end of January and after funds were collected from all 114 “shareholders” the project took in an extra 15%.”
“Screw Banks was the first project on PMF in which Bitcoins were accepted for payment.”
- http://www.bitcoinmoney.com/post/22683633233
- http://www.piratemyfilm.com/projects/304
- http://www.screwbanks.net
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