Project funding
Creators needed a way to raise money for their projects.
Crowdfunding Marketplace: Blockchain funding with goal-based release and refunds
Blockchain funding with goal-based release and refunds
We built a blockchain crowdfunding marketplace with KYC, wallet donations and a vault that releases funds at the soft cap or refunds funders otherwise.
The Challenge
What stood in the way.
Creators needed project funding, and funders needed funds held until funding conditions were met. Funders are more willing to back a project when they know their money comes back if it falls short.
Holding funds
Funders needed their money held until conditions were met.
Refunds
Funders needed their money returned if a project missed its target.
Trust in participants
The platform needed identity checks for those taking part.
Our Solution
How we answered it.
We built project creation, KYC, wallet donations and a smart-contract vault that releases funds when the soft cap is reached or refunds funders otherwise. Rewards and privacy settings are included.
- ProblemFunders needed assurance their money was protected.Our answerWe built a smart-contract vault that holds funds until the soft cap is reached.
- ProblemProjects that miss their target need to return funds.Our answerThe vault refunds funders automatically when the soft cap is not met.
- ProblemThe platform needed to know who was taking part.Our answerWe added KYC to the platform.
How It Works
The parts that made the difference.
Project creation
Creators set up projects to raise funds.
KYC
Identity checks for platform participants.
Wallet donations
Funders donate from their connected wallets.
Smart-contract vault
Holds funds and releases them when the soft cap is reached, or refunds funders if it is not.
Results
What changed for the client.
Creators can now raise funds while funders keep the protection of goal-based release and refunds.
- Funds held in a vault until the soft cap is reached
- Refunds to funders when a project misses its soft cap
- KYC, rewards and privacy settings in place
Technology
What it was built with.
Part of our custom software work.
- Blockchain
- Smart-contract vault
- Wallet integration
- KYC
More Work Like This
Related projects.
Let’s Talk
The next big thing starts with a conversation.
An idea, a challenge, a “what if”. Tell us what you have in mind, and we’ll figure out the next step together.
What happens next
- Share your ideaSend the form or book a call, whichever suits you.
- Discovery callWe talk through your goals, timeline and scope.
- A clear proposalA fixed price or monthly rate before any work begins.
- info@technomous.com
- Phone
- +92 333 0440459
- Chat on WhatsApp