I like the concept.. A bit like turning video blogging into a sustainable “public medium”. Maybe.
Would like it even better if the creative output of this was Creative Commons licensed, perhaps Creative Commons Attribution-NonCommercial-ShareAlike License would be appropriate.
From the site:
Have Money Will Vlog? What’s the deal?
Many good projects need only action to be successful. With the distribution of the internet, a person with a good video project can be seen by thousands of people. But some ideas need money.
Money for equipment.
Money for travel.
Money for time.
Traditional artists can apply for grants to make their work. Have Money Will Vlog supports videobloggers trying to do the amazing. The power of the community can fund projects on a regular basis. You easily spend $10 or more everytime you go out to see a movie…so consider donating $10 a month to a videoblog project. If we have 100 people that give $10 a month, that’s $1000. Let’s energize creators.