Utopian Colony: FUNDITION – the decentralized crowdfunding
INTRODUCTION
Lately, Utopian Colony introduced the crowdfunding on Indigogo, this comes out to be a good new and success, but I would rather say they have also go on to bring another best which is Fundition.
Indigogo was a great opportunity for user to participate in the crowdfunding campaigning but greater one is now at the finger tip that will also give another opportunity o participating in the campaign which gives other great and unique available offers that is brought by many such as:
- SteemMonsters
- Actifit
- SteemPress
- Steemhunt
- Quasar
- SteemSTEM
What is FUNDITION?
FUNDITION is a decentralized crowdfunding platform in collaboration with Utopian Colony who are based on empowering open source innovation serving as a peer to peer crowdfunding and collaboration platform.
FUNDITION MISSION
FUNDITION is a great platform built on the steem blockchain but in all ways like its said that all great innovations must have the best and suited mission.
I will boast that the Fundition mission is to disrupt a traditional crowdfunding model that will count has a benefit to all stake holders around the global world in order for many to engage in larger numbers of incentive projects that will impact the economical world.
USERS OF FUNDITION
Three parties make use of FUNDITION which are:
THE FOUNDER
Founders are users that create a successful campaign of FUNDITION that is given an access with the role of creating project and assigning a fixed percentage of the campaign to other beneficiaries.
THE BACKER
Backer are users responsible for the support of a project on FUNDITION , there is a relationship between the Backer and the Founders where they receive the reward of the founder bounty percentage in form of SP (Steem power) in their wallet basically as a steemit user.
COLLABORATOR
A collaborator is also a user of FUNDITION that willingly decide on supporting a project and suggestion to the founders.
BENEFITS OF FUNDITION
- Both the founder and backer have opportunity of a one on one relationship- these will help in the better understanding of the project concerning an update, content and delivery.
- Reward as attached where the Backer are entitled in receiving reward from the founders for any contribution no matter how little the contribution might be.
- Founders are entitle to direct benefit from the backers for any content, update and final delivery
SECURITY AND PRIVACY
FUNDITION have the 100% assured of security where user privacy are ensured in the sense that all personal data of the users has an access token and all email between the users and FUNDITION are encrypted. These will ensure that all data’s and information are safe from hacking and stolen issues.
PAYMENT METHOD
FUNDITION payment method is very safe where has before payment is been made or transaction user must be a user of steem and if the user is not on the steem blockchain user will be safely directed to exchanges market such as Blocktrades, Challengly, Coinbase for credit donation.
REGISTRATION
Everyone who intend to be on the FUNDITION platform must not other than make sure a steem account in been in use in the cases of login in to FUNDITION and accepting or sending of fund from wallet.
FUNDITION VS OTHER PLATFORM
- No Middleman - FUNDITION is not base at involving a third party in the sense that deals are between only the Founders and Backer not even involving any collaborator.
- Support with Zero fees - Contributors are allowed to support founders without paying a dime
- Extended Heart Power Support – The founders support will be non stop using the heatpower until it is rescinded.
FUNDITION FEATURES
Collaboration
At the moment in the global world, there is actually no system that allows everybody to work as a team . FUNDITION make this possible in order to innovate more and additional ideas .
Zero Fees
There is no charges of fees requested from either the founder and backer on Fundittion
Donation via cryptocurrencies
Donation are collected using different crypttocurrencies such as Bitcoin, Ethereum, Litecoin, steem etc.
Decentralized
Intermediaries between the Founder and the Backer are not allow, business are done between both parties
Reward and Giveaway
Reward are been given to Founders and Backers no matter how small the Contribution might be.
Available Customer Support
FUNDITION provide many experts which are available for customer support
Other Associated Programs
FUNDITION provide as much programs which individuals association and Companies could partake.
No Censorship
FUNDITION allow users to summit any of the project without the need of choosing any suitable one. Projects can be submitted anytime so far you are on the steem blockchain.
Frees Support System
FUNDITION allow supporters to support founders at any time, day using their heat Power (Steem Power).
FUNDITION TEAM
FUNDITIONteam consist of expert that have much knowledge and wisdom concerning the blockchain
Technology with their effort of embracing diversity and welcoming users on to the platforms regardless
of the lifestyles, choices, gender identity etc.
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