Sunday, January 2, 2011

SociaBar

SociaBar connects social media and nightlife.

Imagine a bar with  a big flat tv displaying the bar's social live feed. The display will show who is at the bar, who is on his way, attendies pictures uploaded from their mobile and etc.

Bar owners can attract more people to the bar using the checkin feature. let's say I've checked in my favorite bar and I invited some new friends as well. Once my friends checkin, I automaticlly recieve a special post into my smartphone which grants me a free drink! This motivates the customer to invite more friend to the bar.

The same idea can be applied to diffrent areas such as buisness confrences and other big events where people get togheter.

still, not a billionaire.

Frazer

After watching the "The Social Network" my brain was wokring overtime and here is the result: the Frazer!

Frazer - The ultimate social fundraising game.
Frazer measures your social skills, by testing your Fund Raising capabilities. It uses Facebook as a platform for social fundraising . With a single click you can share your ideas and start fundraising money from your Facebook friends. your friends can invest 1$ in your idea and for doing that they will receive recognition by a special Facebook post. This way, Frazer encourages people to invest in their friends ideas by granting them special "Frazer" points.

Frazer leverages your social circles to create real value.
These days, not only the web is becoming more social.  We are becoming more social, because of the web. we share our thoughts,memories and ideas with our friends on a daily basis.We fulfill a major part in our social needs but we miss the opportunity in creating real tangible value. In order to create a real value, we should focus on leveraging our social web into real value by utilizing the viral advantage of social media.
This is exactly what Frazer does. It leverages your social circles to create real value.

Frazer offers answers to social questions
How popular am I?
How can I leverage my external social circles to create real value?
How can I pinpoint potential investors?

The fundraiser can check its Frazer status and get valuable information about its fundraising capabilities
An example for a Frazer status page:
How popular am I?

You were invested 124 times – 124 $ from your friends ! 

Who invested in my ideas?
The friend that invested in your ideas the most is: Abe Lincoln  (President Donator – Level 200) 

You invested in Abe 4 times – 4$  

What is my Frazer rank?

You are “Freshman donator – Level 4 “ – donated over 40$  

How Frazer works?
  1. Share your idea among your facebook friends
  2. Friends can invest 1$ with a single click (using PayPal micro-payments platform)
  3. Investor gets recognition points and rank for investing
  4. You get to know who your investors are
  5. Value: 
    You get 1$ , 
    You become closer to the investor/donator ,
    both You and the investor get recognition , 
    10% goes to charity of your choice 

An example:
Steve posted on his facebook wall: “ for 400$, I will write a poem to support the students struggle!.”

Danny sees David's Status and thinks: “Steve, a poem ?! I have to see it!” Danny clicks on the Frazer button and "click!"  1$ invested ! 

Danny recieves  Frazer points and gets a new investor level

Danny gets social recognition for investing in the idea by a special Fraze post on his facebook wall.

Steve and Danny become socially closer. 

Billion 1$ -> Billion 5 Cents

For each 1$ transaction, Frazer get 5 cents and 10 cents goes to charity.

I created a screenshot using the mspaint tool in order illustrate the idea:
After thinking of all that, I was searching for something similar and the best application I found was FundRazer. The mechanism is exactly what I had in mind, but it lacks the "EcoSystem" thus missing the point of the game.

there goes another good idea that could have made me a Billionaire.