[caleywoods]

This strikes me as a clone of Kickstarter but in place of funding you're giving people the ability to vote, and vote for free.

I think it has its uses but ultimately to me, votes hold no value because they aren't inherently valuable to a user. I would back projects all day long on Kickstarter with someone elses money but I have never backed a project myself.

Think about how downvoting on StackOverflow works. It costs you karma or points to downvote somehting, it's not free.

I think I would probably use LaunchSky as a way to make sure people didn't think it was potentially the worst idea they've ever heard of but outside of that I couldn't place any real faith in the platform for big ideas. I would probably limit myself to posting ideas which I felt I could build in a few evenings.