I'm sure you'll get a lot of developers sign up, so the supply side is fine.
But how are you going to generate demand? I know a number of people paying ~$20/hour on elance for developers (usually from Eastern Europe or the Phillipines). None of them are complaining about paying too little (or about the quality, or the language etc).
Your site is right when it says "Great talent does not work for peanuts". But $20/hour is great money in many places - why would someone want to pay more?
But how are you going to generate demand? I know a number of people paying ~$20/hour on elance for developers (usually from Eastern Europe or the Phillipines). None of them are complaining about paying too little (or about the quality, or the language etc).
Your site is right when it says "Great talent does not work for peanuts". But $20/hour is great money in many places - why would someone want to pay more?