Bitcoin-Powered App makes decentralised crowdfunding a reality
An application called Lighthouse allows it's users to support or start crowdfunding campaigns for their projects in a similar manner websites like Indiegogo or Kickstarter do. But it's using bitcoin and funding is done in a decentralised and peer to peer fashion! The app was launched recently and it's now publicly available for download. The innovative features of bitcoin come along with this application as well. It's free, open source, accessible worldwide and there's also no requirement for a middleman. Restrictions and fees campaigns would have to face in case they were using....
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Lighthouse, the bitcoin-powered crowdfunding application, raised 3.5 BTC for Medic Mobile during its first 24 hours. The Medic Mobile project, Lighthouse's demo campaign, has now been reset to allow for an additional fundraising round to begin. The news comes via a blog post, in which Mike Hearn, the app's developer, offers some updates and long-term plans. Not all targets reached. Despite this success, however, not all projects reached their set fundraising targets. Richard Myers, a developer at Bitsquare, revealed that its crowdfunding campaign had ended without reaching the funding....
BitcoinJ developer and former Google engineer Mike Hearn is working on a new decentralized crowdfunding platform that will support bitcoin transactions and could lead to a reshaping of the peer-to-peer finance landscape. The crowdfunding platform, called 'Lighthouse', was announced during a talk led by Hearn at the Bitcoin2014 conference in Amsterdam. Hearn later elaborated on the announcement in a 17th May blog post. Like other crowdfunding platforms, Lighthouse will serve as a means for users to create projects and pledge funds to others. Hearn wrote, however, that its primary aim will....
Kickstarter and Indiegogo aren’t suitable for modern crowdfunding according to Ram Budime, the Business Development Manager of Gok!llo, a new bitcoin-powered crowdfunding platform. CoinTelegraph spoke with Budime on their innovative approach to crowdfunding, why volatility isn’t a concern, and why traditional platforms are set to be disrupted. Gok!llo is a crowdfunding platform that uses bitcoin as a cheaper alternative to traditional payment methods increasing security and reducing costs for project originators. It is incorporated on the Isle of Man and will file for its equity....
Lighthouse, the bitcoin-powered crowdfunding application, has officially launched. The beta version of the app, which developer Mike Hearn described as a specialized wallet for decentralized crowdfunding, is now publicly available for download. The release follows months of development, which included an investment from noted bitcoin entrepreneur Olivier Janssens. The app is designed to function as a streamlined tool for using smart contracts to commit pledges to particular projects, which can range from bitcoin development initiatives to charity drives. Currently, the only project....