The Clock’s Ticking

Posted on September 21st, 2014


So development has been progressing well and we’re only a couple of weeks away from our test pilot phase.

We’ve been working hard to identify potential pilot partners; both tibbers (payers/donors) and tibbees (recipients) to help us launch the test pilot.

We’re also starting to line-up potential investors for when our pitch goes live with @BanktotheFuture. We’ll be raising £140k for 20% of tibdit.

As well as enabling #bloggers to receive #micropayments as a thankyou for quality content, and online publishers to offer (e.g.) the rest of an article for a @tib, one of our slightly longer term aims is for sites to offer (e.g.) 1 day free of advertising as it’s an annoyance for everyone using the web. This is borne out by a great blog by @Whatsapp. The link is below for anyone interested in reading it. So true.

Thankyou for reading our blogs, and we look forward to providing a solution to the #micropayments problem soon.

Men at work

Posted on September 6th, 2014

As we’re all working hard to have our tibbing platform ready for the pilot in early October, we took the opportunity to gather the team together from across the UK (well, Newcastle upon Tyne, London and Reading!!), and Italy.  Claudio and Michael are working on the web development, with solution architecture advice from Justin. It was really beneficial to get the technical guys together in one place.

From L to R we have; @Claudio Fiorini, @Michael Sidon, @Jan Rees, @Iain Cresswell, @Justin Maxwell, and @Pauline Hunter (behind the camera).  

We also had an initial meeting with #Reform Magazine on 27th of August; which was really promising. We are certain they would benefit from using the tibdit button on their site to receive #micropayments as donations. Many thanks to @CharissaKing  @Reform Magazine have 2.2k twitter followers and 147 fans on Facebook.

Getting closer

Posted on August 18th, 2014

We were a minor sponsor of the recent #Blogstock2014 festival in Elstree, and registered some interested parties for regular updates and potential pilot partners. This was Iain and Justin setting-up the stand last Friday, before people arrived.

It wasn’t as well attended as we’d hoped and we managed to get absolutely soaked on Friday afternoon (as is the way with festivals in fields!), but it was a great learning opportunity and we met some great people. We had some logo’d badges and notepads to give-away which seemed to go down well, and we demonstrated the registration and tibbing process to a number of people to show how quick and easy it was.

Bloggers struggle to monetise their content without resorting to advertsing and tibdit is an excellent way to receive donations (tibs) that can mount up. Some of the more serios, longterm bloggers had in excess of 100k followers, if each of them said ‘thankyou’ with a 10p tib, that’s a fair income for quality content.

We took the opportunity to use the event as the backdrop to record our pitch video, with @BanktotheFuture too.

Michael and Claudo are making great progress towards having a live product by the end of September.

Micropayments R Us

Posted on July 27th, 2014

a good week of web development and we should have the demo available for our stand at @blogstock on 8 & 9 August. We’ve also ordered a few ‘give-aways’ with the tibdit brand/logo e.g. mini notepads, pencils and button badges, that look pretty cool.

We’ll also be filming our @banktothefuture pitch video at the event on 9th August; really looking forward to it although I’m sure my northern (Geordie) accent might cause some problems. Justin’s Kiwi accent is much more mellow and easy to understand.

Iain and Justin attended the @General Assembly Social Media meeting this week and took away some valuable advice and marketing strategies.

Next week we’re focussing on further #micropayments solution development, and Iain’s busy identifying potential tibbers (payers/donors) and tibbees (recipients).

Keep watching and contact us at [email protected] if you have any questions or comments.


What we’ve been up to

Posted on July 20th, 2014

Hi All

We’ve restarted development of the demo and live tibbing service with 2 new developers (hoorah), so we should have a demo to show investors and partners by the end of September.

We’ve also been looking at marketing opportunities and have identified some great events to look for pilot tibbees; #blogstock on 8 & 9 August and #blogfest on 8 November. We’re really looking forward to participating.

An interesting article was published in #TheGuardian on 17th July to help children (and adults) understand cryptocurrencies and hopefully bring them into the lives of the general public.

“Bitcoin and other cryptocurrencies are still a mystery to most adults, so teaching children how they work may seem a strange ambition.

Nevertheless, that’s the aim of a new app, The Bitcoin Alphabet – for Kids and Everyone Else, released for Apple’s iPad tablet this week by author Chris Bozak and publisher iKandy”

Keep watching

team tibdit

some progress but not enough

Posted on July 8th, 2014

Hi All

We believe in openness and honesty which means we have to tell you about some minor issues

We’ve had some bad luck with developers and have had to let our senior and junior developer go, so not enough progress on getting a product for people to see, as we’d hoped.

On the ‘up side’ we’ve recruited another junior developer who is really promising, thank you @Michael Sidon, and a senior developer mentor who has an impressive portfolio, thank you @Claudio Fiorini, so we’re back on track (if a little delayed).

We’re also moving forward with the #Banktothefuture accelerator and hope to launch our seed funding round soon.

Bear in mind we’re bringing ‘pocket change for the internet’ to you soon.

Best wishes to you all



June progress

Posted on June 29th, 2014

We’ve just completed week 2 of the @banktothefuture incubator. Really appreciate it #SimonDixon and #JalIslam.

Progress has been slow on product development due to developer availability but hopefully we’re back on track.

We’ve also applied for @startupbootcamp accelerator and awaiting the result.

We attended a great hackathon this weekend, organised by @Diacle. Nice one #AdamVaziri.

Finally, after much effort, we’ve had advanced SEIS approval from HMRC, for future investors.

June progress

Posted on June 29th, 2014

We’ve been invited to apply for an incubator by @banktothefuture.

Our clever founder @JustinMaxwell is developing our stick people powerpoint, to make it into a video with sound, for our @tibdit website. It explains how we deal with #micropayments, and how easy it will be to pay/donate.

We pitched at @startupbootcamp this week, and received some really useful feedback from 3 sets of mentors; Startups, Finance and Others.

We’ve agreed to apply for their accelerator programme. The application has to be submitted by 22 June, so any comments please by 20th, at the latest.

May Movement

Posted on May 26th, 2014

Had a glitch at the beginning of the month, as we lost contact with our developer in St Petersburg. We hope everything’s okay. As a result, we decided to go with our favoured option of having someone on-site with us. Advert done; sift and interviews complete and we’ve welcomed our new developer, @ArthurRuetenauer.  It’s all ‘go’ to get our product ready to show people in the next 4 weeks. We also have our business development manager, @IainCresswell coming on board on a more permanent basis in the next couple of weeks. So we hope to get things moving on the #micropayments front, using #bitcoin over the next 2 months. Watch this space!

‘May’ the force be with us

Posted on May 2nd, 2014

Interesting week; the tibdit trademark certificate arrived, so it’s official.

We met up with @rasajustionyte, who wrote a fantastic article about #micropayments. She’s refreshingly passionate about her work and it shows in her journalism.

We met with @DimitryGulanov from #Cryptopay to discuss how we could work with eachother, thanks Dimitry.

We went to the @Coinscrum mini bar event and presented our business to a great audience and also caught up with some of our friends and colleagues in the #bitcoin world; good to see you again @Sian Jones and Dimitry.

Development of the ‘button’ continues and we’re exploring options for seed funding.

Next steps include searching for the right ‘tibbers’ and ‘tibbees’ to commence a small pilot.