Who wants to sell their iphone app idea??
Thursday, April 23rd, 2009So who hasn’t come up with their own secret iphone app idea…one that will revolutionize society for ever and make you a squillionaire!!…if only you had that spare $50K around to put it together you could just drop it in the app store and all your Christmas’s come together!
Well I am not Santa Clause but I have found something that might put some extra money in your pocket if you are willing to spill the beans on your creative genius!
MEDL Mobile’s web-based App Incubator (appincubator.com), has announced the launch of an App Incubator iPhone fund where anyone with a concept for a mobile application can submit the idea directly to MEDL Mobile — anytime, anywhere.
They have committed $2.5 million to the development of these applications across multiple mobile devices, such as the iPhone, Blackberry and Android.
Each submission to the App Incubator is rated according to five criteria — Originality, Functionality, Simplicity, Revenue Potential and Fun. Apps that pass MEDL’s scoring criteria go into development. All development and marketing costs are funded by MEDL Mobile and 25% of any profits go back to the originator of the idea.
With some applications earning thousands and even tens of thousands of dollars a day, the App Incubator will allow people with great ideas for mobile applications to profit from their creativity.
I have to say, what a fantastic marketing idea from MEDL Mobile. They no doubt had a budget set aside to build iphone apps anyway and by using the collective skills of the masses they can cherry pick the best apps (saving themselves hours…even if they could come up with these apps) and only have to pay the ‘creator’ a success fee…brilliant idea!
So tonight when you head home…turn off the TV…put on your thinking caps and see if you can come up with something a bit more creative than the ‘Fart machine’ app!!


