The CoinFunder Team is proud to announce the launch of the 2nd iteration of CoinFunder.com.
What makes CoinFunder different from other CrowdFunding platforms?
1) CoinFunder allows you to post projects / fund projects based on your currency (BTC amount floats as exchange rates change / we support 19 currencies)
-This feature is especially important given the volatility of the BTC market if you are trying to fund projects in a local currency
-Of course, you can choose project owners and funders can choose to pledge in BTC, in which case the amount does not fluctuate
2) Flexibility - CoinFunder allows you to pick between 2 Campaign Types:
-Escrow - A funder is not counted toward your project's goal until the pledge is paid. Any funds that are pledged are held in escrow until the project reaches it's funding goal.
-Pledge - A funder is counted toward your project's goal immediately once they pledge. Funds are not requested until the project reaches it's funding goal - they go directly to the Project Owner.
View our Youtube video here for more information:
http://www.youtube.com/watch?v=QD5Ghec_CA0CoinFunder.com allows 2 types of crowdfunding initiatives:
-Projects - A user can post a project and solicit Bitcoins from the community for their idea. If the idea is fully funded, bitcoins are transfered to the project owner
-Bounties - A user can post a request for a bounty, and fund it. Other people within the community can contribute to the bounty. Once a bounty is funded, other people within the community can post solutions for that bounty. If a solution is approved by the project owner, they can choose to award the solution contributor the bounty.
Our Fees:
CoinFunder has always charged a 5% fee on all initiatives. In some cases - we may waive our fee all together (i.e. Bitcoin PR Campaigns)
In order to start a project, post a bounty, fund an initiative, or post a solution you must be a member of CoinFunder.com.
We launched our initial version on 3/25. We have been hard at work adding the features requested by the community.