# Idea-factory platform

**URL:** <https://discourse.uma.xyz/t/idea-factory-platform/139>\
**Category:** EthGlobal Hackathon\
**Created:** [February 9, 2021, 3:51pm UTC](https://discourse.uma.xyz/t/idea-factory-platform/139 "2021-02-09T15:51:38Z")\
**Posts on this page:** 5\
**Page:** 1

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**Author:** ![Mhairi](https://yyz2.discourse-cdn.com/flex032/user_avatar/discourse.uma.xyz/mhairi/32/48_2.png) [@Mhairi](https://discourse.uma.xyz/u/Mhairi)\
**Post date:** [February 9, 2021, 3:51pm UTC](https://discourse.uma.xyz/t/idea-factory-platform/139/1 "2021-02-09T15:51:38Z")

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Decentralized Startup incubator/funding pool that promotes investing and contributing to ideas

[![](https://canada1.discourse-cdn.com/flex032/uploads/umaproject/original/1X/72ac83e3811a9a79f3b6a1bddfa1d84867de9261.jpeg "Idea Factory Demo") ](https://www.youtube.com/watch?v=yMgnBUmwV3A)

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**Author:** ![kryptoz](https://avatars.discourse-cdn.com/v4/letter/k/dec6dc/32.png) [@kryptoz](https://discourse.uma.xyz/u/kryptoz)\
**Post date:** [February 10, 2021, 4:09pm UTC](https://discourse.uma.xyz/t/idea-factory-platform/139/2 "2021-02-10T16:09:27Z")

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You can also view our presentation here: [Idea Factory Presentation - YouTube](https://www.youtube.com/watch?v=dHr7D4dLhxk&t=13s&ab_channel=IdeaFactory)

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**Author:** ![G-0ne](https://yyz2.discourse-cdn.com/flex032/user_avatar/discourse.uma.xyz/g-0ne/32/367_2.png) [@G-0ne](https://discourse.uma.xyz/u/G-0ne)\
**Post date:** [February 16, 2021, 5:50am UTC](https://discourse.uma.xyz/t/idea-factory-platform/139/3 "2021-02-16T05:50:09Z")

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I hear about this site and check it out. I see and really like this amazing start-up idea that Dex has created or posted. Now , I mint a token and give it to his box on the screen as a vote for his idea?  
You had also mentioned a problem. Dex has a problem and I mint an idea for him, call it Dex 2, give a token or a vote and what does Dex get for the idea at the end? A share of the pool decided by the amount of votes or tokens his problem or idea received? Keep the accrued tokens?

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**Author:** ![kryptoz](https://avatars.discourse-cdn.com/v4/letter/k/dec6dc/32.png) [@kryptoz](https://discourse.uma.xyz/u/kryptoz)\
**Post date:** [March 1, 2021, 6:42pm UTC](https://discourse.uma.xyz/t/idea-factory-platform/139/4 "2021-03-01T18:42:52Z")

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For point one. Yes, if you have VOTE tokens and add it to an idea that counts as a vote for that idea. For the second one, The main thing that the original “dex” would get out of it would be a solution for the problem. Because when you fund an idea, you receive X tokens for that idea, if more people also fund that idea, the price of the tokens you receive rises. So as well, dex has the potential for making a profit.

I would say though that the main motivation for someone to add a problem is to simply see that problem solved, much like grants or bounties on gitcoin

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**Author:** ![kryptoz](https://avatars.discourse-cdn.com/v4/letter/k/dec6dc/32.png) [@kryptoz](https://discourse.uma.xyz/u/kryptoz)\
**Post date:** [March 1, 2021, 6:55pm UTC](https://discourse.uma.xyz/t/idea-factory-platform/139/5 "2021-03-01T18:55:41Z")

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Also just to further shill you can join our discord here: [https://discord.gg/84DbJ8tP](https://discord.gg/84DbJ8tP) and follow us at [twitter.com/Ideafactoryidea](http://twitter.com/Ideafactoryidea)