Frequently Asked Questions About PICISI [this post is updated regularly]
PICISI is an idea, a name, a plan, a vision, a project, a community, a company, a currency, and a crowdfunding site.
How was PICISI created?
In January of 2015 the Einsteinium foundation (EMC2), a cryptocurrency (CC) organization, conducted a crowdfunding campaign to benefit a scientist: https://www.indiegogo.com/projects/science-study-memory-loss-dueto-sleep-deprivation, during that campaign organizers tried unsuccessfully to have Indiegogo enable CC to be used as a donation vehicle for the campaign
EMC2 organizers found themselves having to create their own system to enable people who wanted to donate CC to be able to do so. In addition to donating CC, developers, foundations, and communities were also encouraged to sponsor the campaign in different ways. From that experience the idea of PICISI (pronounced ‘pick-eh-sea’) was conceived. The creation itself came weeks after that experience, the first plan was more complex and involved multiple cryptocurrency communities working together, when that didn't seem to get traction the plan was scaled down to a more popular version of the original plan.
What does PICISI mean?
When looking for a name the creator of PICISI wanted specific characteristics, he wanted a name that was less than 8 characters, he wanted a word that would cause the speaker to smile when said correctly, and he wanted a word that was quirky, had a rhythmic pattern, and meaning.
These characteristics would enable readers and hearers of the word to more easily identify the word with the plan and the project.
The acronym is formed from words that directly relate to the vision for the site:
Philanthropic Investment and Charity for Inventions, Startups, and Ideas = PICISI
What does PICISI mean?
When looking for a name the creator of PICISI wanted specific characteristics, he wanted a name that was less than 8 characters in length, he wanted a word that that would cause the speaker to smile when said correctly, and he wanted a word that had meaning was quirky with a rhythmic pattern.
These characteristics would enable the reader, and hearer of the word to more easily identify the word with the plan and the project.
The word itself was designed by taking multiple words that directly relate to what PICISI is all about: Philanthropic Investment and Charity for Inventions, Startups, and Ideas
What constitutes the PICISI community?
The PICISI community is made up of admin team, sponsors, campaign organizers, campaign contributors, promotion contractors, campaign contractors, referral agents, all other contractors, Pi (NUMUS) investors, volunteers, advertisers, endorsers, social media followers, and all those who meaningfully support PICISI.
What is the makeup of the PICISI admin team?
The business of PICISI is designed to be managed by an admin team of seven individuals: Executive Director, Deputy Director, Assistant Director, Content Director, Promotion Director, Communications Director, Compliance Director, and Finance Director.
The Executive Director is the chief executive who presides over all areas, he is finally responsible to all stakeholders, governmental agencies, and site members.
The Deputy Director is second in command, in charge when the Exec Dir. is on vacation, incapacitated, or as directed by the Exec Dir.
The Assistant Director assists the Executive Director and the Deputy Director however at times may also serve other directors as the need arises.
The Content Director is responsible for everything seen on the site, his primary focus is to make sure the site has a high number of high quality campaigns, he should also work closely with Tech to make sure the the site is user friendly, secure, and robust
The Promotion Director is responsible for marketing the site to sponsors, organizers, donors, and media for more business. The Promotion Director is also responsible for training Promotion Contractors.
The Communications Director is responsible for having our site make news somewhere around the world everyday at all times of the day. via press releases, articles, and interviews. around the world everyday: via press releases, articles, and interviews. This person is the face and voice of the site
The Compliance Director is primarily responsible for certification of all work performed by Promotion Contractors, also responsible for site policy enforcement by all site members and the monitoring of : rankings, feedback, and reviews .
The Finance Director/ Auditor is responsible for all financial record keeping, filings, reporting, accounts, taxes, etc...
Your Mantra is ‘Promotion, Promotion, Promotion’, what’s that about?
We mainly use it to mean promotion of: our site, our sponsors, and campaigns featured at our site, however it could also be viewed as the three promotion vehicles we use:
Publicity – broadly raising awareness to grow the community,
Outreach – the specific purpose of finding organizers to conduct campaigns at our site,
Marketing – the specific purpose of finding donors to fund campaigns at our site.
What forms of payment are accepted at PICISI?
We accept all major credit or debit cards via Stripe or Paypal, and we also manually process all major cryptocurrency payments. Currently we are accepting the following cryptocurrencies:
- NXT (NXT) - sponsor
- Metal Coin - endorser
- Einsteinium (EMC2) - endorser
- HYPER (HYPER) - endorser
- Magi Coin (XMG) - endorser
- GSM Coin (GSM) - endorser
- GoldPieces - endorser
- Coin2 (Coin2) - endorser
- Gridcoin - endorser
- HTML5 (HTML5) - endorser
- World Aid Coin - endorser
- Triangles (TRI) - endorser
- Sativacoin (STV) - endorse
- Hobonickels (HBN) - endorser
- Aricoin (ARI) - endorser
- Energy Coin (ENRG) - endorser
- Artsry Coin - endorser
- AudioCoin (ADC) - CC accepted
- Bitcoin (BTC) - Industry standard
What is the difference between ‘fiat’ and ‘cryptocurrency’
Fiat is a currency that is issued, distributed, and supported by a nation state, ig: USD for the United States. Currently all fiat is physical, and may or may not be backed by anything else.
Cryptocurrency is a digital currency that is often created and issued by a programmer, supported by a community, and rarely backed by anything.
PICISI issued a currency called PICISI that is referred to as Pi that has the currency code NUMUS, it was distributed by PICISI and is supported primarily by PICISI.
How does sponsorship help me as a campaign organizer at PICISI.com?
Sponsorship is a great way to receive support in the form of encouragement, money, and publicity for your project.
PICISI.com has 5 specific sponsorship opportunities:
- Host CC - you receive a small sum, and awarded a CC with the honor of being the Host CC for your campaign. The host CC is the currency that all other CCs contributed to that campaign will be converted to for the duration of the campaign.
- Campaign Text- you receive a small sum to allow up to 5 sponsors to affix their logo to the body of your campaign text.
- Donor Perk - you receive a small sum to allow up to 4 sponsors to place a perk at your campaign to help attract more donors to your campaign. Any perks remaining after the campaign is completed is donated to your campaign, if the donation perk is CC it will be converted and added to your host CC bal.
- Advertising Perk - you receive a small sum to allow up to 4 sponsors to place a perk at your campaign to help attract more donors to your campaign. Unlike the Donation Perks, any perks remaining after the campaign has concluded is returned to the advertiser(s). and
- Video - you receive a small sum to allow a sponsor message of up to 5 seconds that will be used to introduce your campaign video.
[this blog entry will be updated daily, there are lots of common questions that will be addressed if you have a specific question please ask in the comments below they will be answered immediately]