I have a folder on my computer with a number of unfinished/unshipped projects. We created Sink or Ship to address the problem of following though and shipping what you started.
On the other hand, I would consider pledging the money to a charity, and giving a small cut to service that facilitates it.
Also, there is gym-pact.com, which disburses your money to others who do meet their workout requirements.
The app doesn't work this way (pledge money). It's simply a tweet scheduler which charges $5 to make changes every time.
I'm not sure $5 is enough motivation, and if it were significantly more I'd start to question why I was giving this money to the developers of this app, rather than someone more deserving, like the users who are missing out on using the product, or a charity.
Whenever you get some completed projects it would be cool if there was a gallery to check them out.
As for the charity, it should obviously go to further research into procrastination disorders :)
Also, it doesn't say how much it'd cost if I don't ship in time, just "Free if you ship it in time. Pay $5 only when you want to make changes." -- what if I don't ship in time and I don't make changes?
Cool idea, though :)
It does nothing towards improving core problems of software development lifecycle planning issues.
I would suggest reading a book like Peopleware, before embarking on public shame or penalties as solutions. These band-aids are almost always self-imposed, and they almost never work.
The truth is, we don't know yet. And we definitely didn't try to solve/improve software development lifecycle/plannings.
We built this for people like us: bunch of friends working on fun projects and trying to get it out of the door.
try this addon feature : create a "gallery" of to-be released projects (don't need to reveal title/details due to secrecy). Possible candidate:
"@ashtonkutcher just pledged a secret project, $5000 to charity if he fails by 10th May. Watch progress here"
Although, I can see a $1 charge for the tweet as a marketing fee so you make SOME money if the planets align and the product ships.