If App.net Raises $500k By Monday, Twitter May Be In For Some Serious Competition

App.net is billing itself as a “different kind of social platform” and it’s gearing up to woo you away from Twitter (and Facebook).

The catch? It will be a paid platform unlike the free Twitter and Facebook options. But THAT may not be so bad actually.

The founder and CEO of App.net, Dalton Caldwell, has come up with an idea that has a lot of folks excited. And he and his team have set a $500k Kickstarter goal to fund the idea and make the project a reality. Here’s what you’ll find at the heart of App.net:

Our team has spent the last 9 years building social services, developer platforms, mobile applications and more.

We believe that advertising-supported social services are so consistently and inextricably at odds with the interests of users and developers that something must be done.

Caldwell logics that the dissatisfaction with Twitter stems from it’s free ad-supported business model:

“If we’re selling a service [as App.net plans to do], our customers are our service and our job is to make our users happy.” But with a free ad-supported service [read: Twitter/Facebook] “our customers are advertisers and our job is to make advertisers happy.”

So App.net plans to operate with three core values

  1. They will never be ad-supported. The product is the service, not the users.
  2. The company will be aligned with making the most innovative, fun product they can. They won’t be preoccupied with creating advertiser options.
  3. App.net will be committed to developers. They’ll never “screw over good faith” developers.

So where can you check out this platform? Right here. It’s very Twitterish.

But  you can’t take it for a test drive till you pledge at least $50, making you an App.net member ($50 being the price for a year-long membership, so you’re prepaying). But don’t worry, if they don’t reach their 500k goal and do not move forward with the project, you will not be charged.

Please note, I just committed myself at this level (as I’m writing this) because I wanted to check it out – and because I think it could be a step in the right direction.

There are three tiers for backers:

So what do you think of this? Does it have the potential to give Twitter a run for its money? And will you be investing?

(Coins and plant image from Shutterstock)

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