OpenFundMe
OpenFundMe is a decentralized crowdfunding platform that ensures funds are released transparently via milestone-based smart contracts. It provides a secure and fair fundraising ecosystem for startups,
Description
Unlike traditional crowdfunding platforms that take a large cut from donations and lack transparency, OpenFundMe operates entirely on blockchain-based governance. Fundraisers can create campaigns with milestone-based payouts, ensuring donors’ contributions are used effectively. Smart contracts release funds only when predefined goals are met, reducing fraud. Donors receive voting power to approve or reject fund releases, adding another layer of trust. OpenFundMe also integrates stablecoins to mitigate crypto volatility, ensuring contributors and campaigners receive the expected value. The platform supports NFT-based backer rewards, giving donors exclusive digital collectibles for their contributions.