• Ether Fund Raiser

  • Using Smart Contracts to raise funds
Ether Fund Raiser - Using Smart Contracts to raise funds
  • Fund-Raisers deploy a “fundraiser” Smart Contract, defining the contract deadline, the financial goal and the minimal contribution levels
  • Contributors connect to the relevant contract and send donations. If the deadline passes without the goal being reached then the contributors can directly claim a refund of their contribution
  • Once the goal is reached, the fund-raiser can then issue one or more Spending Requests with details of what the raised funds will be spent on
  • The contributors can then vote to approve each spending request
  • Once a spending request receives votes of over 50% of the contributors the fund-raiser can then release the crypto funds. If no spending requests are approved and paid within the Initial Payment period then the contributors can also claim a refund of their contribution

This DApp requires an Ethereum Wallet, such as MetaMask, to process each transaction.

Status: Live

Author

Malarena SA

Software license

MIT

Last updated: May 25th, 2020
Submitted: May 25th, 2020
  • Mainnet contract (Ethereum)

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