This looks amazing! How will the blockchain transaction register be... supported? I assume we don't want people "mining for trust" that they haven't earned from others, so what's the incentive to verify / process these... "trustactions"? :D
The financial incentives for running a node take the form of a "publishing fee" - similar to the transaction fees for other cryptocurrencies - that block creators will receive.
I would at least give them an honest, non-emotional resignation letter, so they know what the cause is, and whatever notice you want to make it. Considering they're not paying you, 2 weeks is probably not fair, but at least a day or two, whatever you think is fair. And then leave.
This may be beyond the scope of "business," but I agree with the don't burn bridges comments. It is your responsibility to get yourself out of a bad situation as soon as you can, but as long as you have the power to do it gracefully, and with respect, that's the right thing to do - or rather, it will bring you good karma ;)
Crazy!! Would a newspaper that does this have to totally abandon paper distribution? As in: there would be no way for a person to go buy the Sunday issue of XYZ daily, if they happen to be vacationing in XYZ?
Perhaps there could be installed a paperbox which is actually an on-demand 3G printer? Basically, "you swipe your RFID dongle, it pulls down a PDF of your favorite newspaper and prints it out, and debits your account." It could be a third-party service that newspapers subscribe to, subsidizing the boxes/paper/toner in exchange for having their paper printable at them.
The goal is to find a newspaper who will swing for the fences. In year two, the cost savings for a typical daily newspaper will be significant. In some cases, we believe it will double profit margins.
Since this went up on Hacker News we've had interest from two newspapers. We'll see how it goes.
Well, obviously if you have a kindle, it's not a problem - but not everyone has a kindle :) So I'm just wondering if there would be a way to buy the paper outside of signing up for a 1 year contract and getting a free kindle. I mean, if they want to sell me a paper for $1.75 and throw in a free Kindle ... sounds good to me, but in that case the profitability of this plan comes into question ;)
Don't get me wrong, I'm all for someone trying the idea - it sounds like a pretty awesome, and environmentally friendly way to go for the future of newspapers. Just playing the devil's advocate.
On the other hand, I've come to despise 1- and 2-year contracts, thanks to cell-phone service providers ;)
I've never lived outside of the midwest, so I don't know enough about how Minnesota compares, but do I love living here. I plan on leaving to help make Seeing Interactive successful, which I'm not torn up about, but I hope to move back before too long. I say if there's anyone successful out there who loves MN, move your started up start-ups (aka companies) to MN and make it work. You too can be an angel some day :) The midwest is long overdue for a tech mecca.
