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It’s not retroactive—it’s like Kickstarter, but Web3.
You pitch your idea, set a funding goal + deadline, and people pledge crypto. If you hit the goal, funds get released via smart contract. If not, everyone gets their money back. No DAO votes, just let the market decide.
Example: want to make a short film about traveling cross country to find the perfect hotdog? 🌭 You write up your plan, estimate the cost, and offer rewards like early screenings or digital copies to backers. Boom—seed funding from the crowd.
Works for all kinds of projects:
Art, Comics, Crafts, Dance, Design, Fashion, Film, Food, Games, Journalism, Music, NFTs, Photography, Publishing, Technology, Theater, Causes.
It’s mostly for future work, but retro funding could happen if folks really vibe with something already made. 1 reply
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