A second version of the Borrow a Dollar idea is to provide more incentive to people to “invest” in the project. Regardless of the fact that all the money that is borrowed would be returned, it proved to be very difficult to get people to participate.
This second version creates a drawing that is done every day, week, or month. The winner of this random drawing would receive a percentage of the interest earned from the pooled money during the time period. Since the winning would come from the interest and not from the borrowed money, the people who “invest” in this project will still retain 100% of their money at all times.
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