BITES is a conceptual project which aims to create a platform that enables networks of creative people to develop, contribute and invest into different types of projects or ideas with their own time or capital. Built on Ethereum Blockchain, BITES provides easy distribution of shares and capital, thus enabling a more trusted way of facilitating agreements between contractors and clients via Smart Contracts. In such way, the platform aims to create a financially incentivised collaboration model, where people would be guaranteed of receiving reward for their contributions, should the projects they have worked on become financially successful.

You can find full process documentation here.