There are two significant parts to our plan. The first is to design and engineer a small, wearable camera that takes images/video once each minute for under $5, captures the time and gps coordinates, and then uploads in real time (within a minute) to our website where all images are filtered and automatically tagged with relevant information including facial recognition. The camera is free for users but is also compelling because, for once, the fabric of the "social network" is in the real world and requires real interaction with it.
We will launch at music festivals and give away tens of thousands of cameras per week.
The second part is the revenue model. Within the mosaic of images are user created advertisements each of which cost as little as $1 and can be owned forever. With $1 a user can create an ad zone of 100,000 tiles/images and, because of the time/place design, could own those tiles forever or resell at any time on our auction site.