LittleBitBack is a web-based project hub centered around Bitcoin. Our focus is organizing support and funding for charitable groups, non-profit campaigns and community-oriented efforts. Bitcoin gives us all an an opportunity to efficiently deliver funds to where they are needed. Somewhere between a phone book and a crowdfunder, this repository is a way for Bitcoin users to create a greater and more effective giving network.
We are a small team that met on Reddit and we’ve come together to build a tool that we want to use. We believe the Bitcoin ecosystem could benefit from a conduit between content and action creators and their support communities. Combining the simplicity of Bitcoin with a simple feedback and verification system, we hope to create a platform that represents the strength of Bitcoin, both as a platform and a userbase.
We believe the value of this project is found within its ability to reduce friction between content creators and content consumers. Rather than requiring users to sign up to donate, we are committed towards keeping public addresses openly visible in order to maximize donor convenience. By linking proposals to established social networks and verified pages, we provide those looking to take action the ability to raise funds based upon their existing reputations, while having to relinquish a decreased amount of personal information compared to existing crowdfund models.
LittleBitBack has the potential to be a great utility for Bitcoin users and we feel monetizing it akin to traditional crowdfunding sites would only decrease its efficiency. In keeping with it’s roots, this project will instead be driven by the efforts of its community’s support. We have placed a campaign on our page identical to the others for financing operating expenses and we welcome those interested in participating in the expansion of this project to join us on Reddit. Alternatively, you can contact us via our contact page or through the comments on any of our campaigns.
Bitcoin is a tool to enrich the entire web and we look forward to seeing what can be accomplished when efforts of all sizes are concentrated.