I think this system is ingenious. Many people want to start up projects yet don't have the immediate funds and I think this is a great way for users who have amassed a great amount of steem to contribute a low risk amount of steem into a project.
But is flagging enough to protect that investment?
What would the requirements be to take out a loan?
Can't wait to see how this plays out and will keep it on the table as another option to fund my website after I'm finished with the buissness plan.
Great stuff man.
Followed.