You are viewing a single comment's thread from:

RE: Vlog Testing with Ithaqa

in #comics6 years ago (edited)

Fundition itself is essentially just a site that styles blockchain content in a format akin to a crowdfunding site. So post rewards get paid to the author/Project automatically just like any other content. Direct donations made through the Fundition site are almost immediately forwarded to the wallet of the Project author.

So unlike something like a KickStarter, it’s not all or nothing. The funds aren’t in escrow until the project reaches its goal. So I always advise folks to support projects that they would anyway... regardless of any potential backer rewards.

The recipient is entirely responsible for cashing out to fiat currency when necessary, fulfilling promised rewards, etc.

Sort:  

Hey, thank you so much for this full explanation, I have been looking at this and also the upfundme bot/project/tag, trying to get everything together for a small test run early this next week.

I appreciate all your help! Also, you draw good!

Love and Light!

Coin Marketplace

STEEM 0.30
TRX 0.12
JST 0.032
BTC 59043.03
ETH 2983.41
USDT 1.00
SBD 3.72