Tribal assurance contracts

Today’s LA Times has a story about a group trying to get 5,000 people to buy timeshares on a Fijian island as part of a social experiment. A cynic would think Tribewanted.com has figured out how to create reality TV very cheaply by getting people who claim to dislike reality TV to pay to be cast members. I’m not that cynical.

Sounds like a reasonable idea, with passing resemblance to far more ambitious projects such as seasteading and the . I hope Tribewanted succeeds and is copied by dozens of copycat projects catering to different groups.

The Tribewanted FAQ says:

If, in the unlikely event that Adventure Island doesn’t go ahead, tribewanted will refund 100% of all membership fees. Unfortunately, if a tribe member decides to cancel their membership or not visit Adventure Island they will not be able to get a refund of any kind.

They could’ve made it even easier to sign up by offering a greater than 100% refund in case the project does not go ahead.

Via Boing Boing.

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