- This looks to me as a no-brainer, a rare win/win situation. Obviously getting another well read OT will be a great boon to many, including those who cannot afford to purchase it. Those of us, who can chip in to cover the initial cost, will be out the cash, but will get to use the result and get a return for our money in products we may otherwise have to purchased outright. Have I got this right? Or did I miss something? If I understand this correctly, we should get as many folks who can, chip in what they can and not worry about the lowest possible bid. If Mary contributes $20, Chuck $5, Jack $50 and Anne $100, they will each get a credit for the amount contributed and the project gets done. Then Bob who can't chip in because he has hardly enough for his groceries gets the blessing to which all of us have contributed. I would love to bless my brother Bob in this way.
- The bidding doesn't work quite like that; everybody pays the same amount and Logos starts the project when there are sufficient bids at a given level to fund it. So to take your example, Mary, Chuck, Jack and Anne would each have to bid $44. But I agree, there's no reason not to participate given that the amount paid will be refunded.