not approved

AdaFundMe.io

$2,500.00 Requested
Ideascale logo View on ideascale
Community Review Results (1 reviewers)
Addresses Challenge
Feasibility
Auditability
Solution

Building out a public website to create a platform for this kind of fundraising.

Problem:

There are not yet any public websites to raise funds using Cardano Ada.

Yes Votes:
₳ 17,815,154
No Votes:
₳ 15,566,090
Votes Cast:
238

Detailed Plan

Currently, I have AdaFundMe.io partially built. Its purpose is to do GoFundMe, Kickstarter, and fundraising campaigns. Being that all three of these have different intentions, the various campaigns would have different criteria to be listed, and recieving funds would depend on the style campaign. For example.

GoFundMe style campaigns typically are used to raise emergency funds. The people who send funds are mostly relatives, friends, coworkers. In these campaigns, funds would be made immediately available to the campaign creator.

Kickstarter are traditionally business ventures, where a minimum amount of capital must be raised for the project to have any chance at success. In these campaigns, the funds would be held in a secure storage until the minimum criteria is met. If it is not, the funds would be returned to the people who contributed.

All campaigns would be fully vetted. To make this website user friendly, but also prevents bad actors, a small staff will be required to do the vetting on all projects that want to participate. Some site tools will need to be developed to identify the progress of any campaign. The funding we are requesting would go towards hiring the necessary people to achieve these things.

With the site framework largely in place, we beleive this project could be completed within 30 days of funding. Money will be spent as follows.

$1000 additional site development

$1500 staff hourly wages to vet projects

Further staff wages would be paid through the small fees collected from tipping, or percentages of campaigns; depending on the campaign stye.

Community Reviews (1)

Comments

close

Playlist

  • EP2: epoch_length

    Authored by: Darlington Kofa

    d. 3 se. 24
    Darlington Kofa
  • EP1: 'd' parameter

    Authored by: Darlington Kofa

    d. 4 se. 3
    Darlington Kofa
  • EP3: key_deposit

    Authored by: Darlington Kofa

    d. 3 se. 48
    Darlington Kofa
  • EP4: epoch_no

    Authored by: Darlington Kofa

    d. 2 se. 16
    Darlington Kofa
  • EP5: max_block_size

    Authored by: Darlington Kofa

    d. 3 se. 14
    Darlington Kofa
  • EP6: pool_deposit

    Authored by: Darlington Kofa

    d. 3 se. 19
    Darlington Kofa
  • EP7: max_tx_size

    Authored by: Darlington Kofa

    d. 4 se. 59
    Darlington Kofa
0:00
/
~0:00