12 Bitcoin Money-Fueled Flipstarter Campaigns Elevate $1 Million

12 Bitcoin Money-Fueled Flipstarter Campaigns Elevate $1 Million 2

The Flipstarter platform has gained traction within the final 5 months elevating $1 million in bitcoin money for 12 totally different campaigns. In a latest learn.money weblog publish, the staff behind Flipstarter’s improvement stated the applying demonstrates how “stakeholder funding of the commons can work.”

On the finish of February, information.Bitcoin.com reported on the creation of a noncustodial bitcoin-cash powered fundraising utility known as Flipstarter.money. Per week later, the builders introduced the primary fundraisers held on the newly developed utility.

One of many first fundraisers was devoted to one of many BCH neighborhood’s hottest nonprofits Eatbch. The group leverages bitcoin money (BCH) donations to assist feed individuals in want all through Venezuela and South Sudan.

Over the past 5 months, individuals donated $6,000 in BCH donations to the Eatbch Flipstarter marketing campaign.

Different Flipstarter funded campaigns noticed donations despatched to infrastructure improvement, developer adoption, and peer-to-peer digital money adoption as properly.

Leveraging BCH trade charges on the time of the announcement, infrastructure funding noticed $769,200 in donations despatched to Electron Money, Knuth, Mark Lundeberg, BCHD, BCHN, Bitcoin Verde, and BitcoinCashJ. Developer adoption funding ($234,000) concerned occasions like mainnet, and BCH Devcon 3.

Alongside this, two common adoption efforts stemming from SofiaBCH, and Bit for Tip have been additionally funded ($11,904) by way of Flipstarter as properly.

12 Bitcoin Money-Fueled Flipstarter Campaigns Elevate $1 Million 3

“In less than five months, stakeholders have invested more than $1,000,000 in 12 campaigns,” the Flipstarter staff exclaimed.

“Each of the recent campaigns was created and operated by its team with no central authority. Not only that, but the campaigns cover a broad range of the commons and are not limited to technical projects” the learn.money publish provides.

It’s fairly frequent to see a number of standard Flipstarter campaigns being marketed on Twitter and Reddit boards like r/btc as of late. Final week the BCH proponent and Reddit consumer u/Shadowofharbringer stated that earlier than Bitcoin Money (BCH) and Flipstarter got here to be, he “never thought that spending money can feel so good.”

“My favorite way of spending money is on read.cash,” one other consumer referencing the BCH-fueled running a blog platform replied to Shadowofharbringer.

General the million {dollars} raised on a noncustodial fundraising platform is an achievement for each the Flipstarter improvement staff and the neighborhood utilizing it as properly. The announcement additionally particulars there are roughly seven extra Flipstarter campaigns within the technique of funding.

What do you consider the Flipstarter fundraising app elevating $1 million in bitcoin money in direction of quite a lot of efforts? Tell us within the feedback beneath.

Tags on this story BCH, BCH Devcon 3, Bchd, BCHN, Bit for Tip, bitcoin money, Bitcoin Verde, Electron Money, Flipstarter, Flipstarter Fundraising, Knuth, Mainnet, Mark Lundeberg, SofiaBCH

Picture Credit: Shutterstock, Pixabay, Wiki Commons

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