BitBacker
BitBacker is an open-source crowdfunding platform built on the Bitcoin blockchain that allows creators to raise funds for projects in a decentralized way.
crowdfunding
blockchain
bitcoin
cryptocurrency
decentralized
open-source
BitBacker: Open-Source Crowdfunding Platform on Bitcoin Blockchain
BitBacker is an open-source crowdfunding platform built on the Bitcoin blockchain that allows creators to raise funds for projects in a decentralized way.
What is BitBacker?
BitBacker is an open-source crowdfunding platform that utilizes the Bitcoin blockchain to enable decentralized crowdfunding campaigns. Creators can start campaigns on BitBacker to raise funds for their projects without relying on a centralized intermediary.
Some key features of BitBacker include:
- Decentralized - Campaigns and funds are managed through smart contracts on the blockchain, removing centralized points of control or failure.
- Lower Fees - By removing middlemen, BitBacker charges lower platform fees compared to traditional crowdfunding sites.
- Transparent Fund Management - The blockchain enables full transparency into how funds are collected and used for each campaign.
- Custom Campaigns - Creators have flexibility in setting up their fundraising model with customized funding targets, fundraising periods, etc.
- Trustless Escrow - Funds are held in escrow until campaign targets are met, enabling backers to get refunds if goals aren't achieved.
- Open Source - As an open source platform, BitBacker can be audited and improved over time by the community.
Overall, BitBacker brings the advantages of blockchain technology like transparency, security, and decentralization to crowdfunding - giving more control and earnings to creators.
BitBacker Features
Features
- Decentralized crowdfunding platform
- Built on the Bitcoin blockchain
- Allows creators to raise funds for projects
- Open source codebase
Pricing
- Open Source
Pros
Decentralized - no central authority
Transparent funding through the blockchain
Low fees compared to traditional crowdfunding sites
Open source allows community contributions
Cons
Less user friendly than mainstream crowdfunding sites
Limited adoption so far
Relies on volatile cryptocurrency
Official Links
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