BG:Crowdfunding

=Timeline =
 * 16.5. kl 1500 Crowdfunding v1.0 er ferdig
 * 17.-18.5 små justeringer basert på feedback
 * 19.-23.5. betaling for "public" and "listed" bli implementert (diskutert med Ståle)
 * ca. 30.5. Crowdfunding v2.0 er ferdig (med betalingen og formidlingen) - Launch (swap til production) is subject to successful negotiation with a Norwegian Bank (Bjarne)

= Description= This part contains the descriptions of "what we mean by crowd funding", and the powerpoint describing the two versions
 * v2 with real payment (Movation settles the deal)
 * v1 with email exchange and just one selection of funding
 * Welcome_emails contains the emails going out to people.

Crowdfunding v2 changes

 * customer has to have LinkedIN to sign up for donation (gives us a possibility to check the person)
 * customer selected sums for donate, loan, stocks,....
 * Platform allows for direct payment
 * An overall progress of collected fund will be shown
 * More options of amount for donate, loan, stocks will be available for user to choose

General description
According to Wikipedia [], crowdfunding was introduced based on the charity principle.

We will introduce crowdfunding for ideas, including:
 * (i) Charity model: just provide money - YES
 * (ii) Loan, example: I provide you 100 kNOK, and will get 150 kNOK back after 12 months (otherwise the company is bankcrupt) - Note: Innovasjon Norge provides a loan based on markets tax rates, e.g. 4% - YES
 * (iii) Shares. What is the actual value of the company? "siste emisjon kan være 6 måneder gammel" - YES

The current version focusses on establishing the contact between the idea owner and those who want to provide crowdfunding.

It includes
 * a new design of all InnoBors pages (symbol after the idea)
 * an Admin Page for initiating crowdfunding
 * changes to the idea page

new design of page two

 * including the Crowdsourcing symbol

new Admin page
see description in Roberts .pptx (attached to this BG)

changes to idea page
see description in Roberts .pptx (attached to this BG)

= Design principles = The principles of funding are described in Roberts .pptx file
 * only those idea who gained more than 750 points in scoring can ask for crowdfunding
 * both Movation Admin and the idea owner can initiate the "crowdfunding"
 * after they initiated crowdfunding (through the crowdfunding admin page), they will get an crowdfunding icon on the first page, and a new design on the idea page.
 * a new crowdfunding page per idea

Graphical design

 * according to Roberts powerpoint: [[File:InnoBors-Crowdfunding.pptx]]
 * Symbols: [[Image:Crowdfunding_symbol.png|250px]], [[Image:Crowdfunding_tight.png|250px]]


 * Nice example: http://www.fundedbyme.com/

Open issues

 * Q: Who performs the transaction and distributes the money?
 * A: In version 1, it is a deal between the idea owner and crowdfunding people. Movation just gets a notice. (In v2 Movation might take responsibility for money transfer)


 * Q: Do we introduce crowdfunding for an innovation fond?
 * A: not yet


 * Q: Selection of crowdsourcing, done by idea owner or Movation?
 * A: Idea Owner


 * Q: Admin page for idea owner or Movation?
 * A: Idea Owner

= Implementation =


 * Expected time to implement: 45 h (Towhid)

= Modules affected by this = The following person is responsible for the implementation
 * idea details page - new entry in top right, see page 6 (?) in presentation - Gunnar to clarify
 * Codewise: For idea owner, My page > View idea page
 * Codewise: For movation admin > idea management page
 * Tawhid: Page 2 for adding crwdfunding icon in the table