Cryptocurrency has been gaining more and more popularity in recent years, not only as a form of investment but also as a means of payment for goods and services. Crowdfunding, on the other hand, has revolutionized the way businesses and individuals can raise capital for their projects.

With the rise of cryptocurrencies, it's only natural that crowdfunding platforms would start to accept them as a valid payment method. Let's take a look at these eight crowdfunding platforms that accept crypto payments, providing a convenient and secure option.

1. Kickstarter

Kickerstarter webpage screenshot

Kickstarter is a reliable crowdfunding platform that allows creators to fund their projects by raising money from many people, usually through small contributions. The platform was founded in 2009 and has since become one of the largest and most popular crowdfunding platforms in the world.

Key Features

  1. All-or-nothing funding: Projects must reach their funding goal within a set timeframe, or no money changes hands.
  2. Creative projects only: Kickstarter only allows projects related to the arts, design, film, music, games, technology, and publishing.
  3. Reward-based crowdfunding: Backers pledge money in exchange for rewards, which can range from a thank-you note to a physical product.

The Crowdfunding Process

  1. Campaign creation: Create a campaign page and set a funding goal, project duration, and rewards for backers.
  2. Campaign promotion: Promote the campaign through various channels, such as social media, email, and targeted advertising.
  3. Backer support: Backers can pledge support to the campaign and receive rewards in exchange for their financial contribution.
  4. Campaign completion: If the project reaches its funding goal by the end of the campaign, the funds are collected and transferred to the campaign creator. If the campaign falls short of its funding goal, no funds are collected.

2. Indiegogo

Indiegogo webpage screenshot

Indiegogo is a popular crowdfunding platform that connects individuals and organizations with people who are willing to support their creative projects, innovative products, and charitable causes.

Since its founding in 2008, Indiegogo has helped campaigners raise millions of dollars to turn their ideas into reality.

Key Features

  1. Campaign Creation: Indiegogo provides a simple and user-friendly interface for campaigners to create their campaign page
  2. Flexible Funding: Indiegogo offers flexible funding options, which means that campaigners keep whatever funds they raise, even if they do not meet their funding goal.
  3. Fixed Funding: Indiegogo also offers fixed funding options, which means that campaigners must reach their funding goal to receive any funds at all.
  4. InDemand: Indiegogo's InDemand feature allows campaigners to continue accepting funding after their campaign has ended.

The Crowdfunding Process

  1. Campaign Creation: Campaigners create a campaign page on Indiegogo, set their funding goal and duration, and describe their project or idea.
  2. Campaign Promotion: Campaigners promote their campaign through social media, email, and other channels. Indiegogo also provides tools and resources to help campaigners promote their project.
  3. Backer Support: Backers can support the campaign by making a financial contribution in exchange for rewards offered by the campaigner.
  4. Campaign Completion: If the campaign meets its funding goal, the funds are collected and transferred to the campaigner, who can use them to execute their project or idea.

3.BitGive

Bitgive webpage screenshot

BitGive offers a platform that enables donors to make instant, low-cost donations using cryptocurrency, such as Bitcoin or Ethereum. The platform uses blockchain technology to provide a transparent and tamper-proof donation process that allows donors to see exactly how their funds are being used.

One of the key features of BitGive's platform is its transparency. Using blockchain technology, donors can track their donations and see exactly how their funds are being used by the charitable organization.

This provides an additional layer of accountability and helps build trust between donors and charitable organizations.

The Crowdfunding Process

  1. Choose a campaign - BitGive offers a variety of charitable campaigns to choose from, each with a specific cause and goal.
  2. Make a donation - Once you've chosen a campaign, you can make a donation using cryptocurrency. BitGive accepts Bitcoin, Ethereum, and other cryptocurrencies.
  3. Track your donation - BitGive's platform allows you to track your donation and see exactly how your funds are being used.
  4. Receive updates - BitGive provides regular updates on the progress of each campaign, so you can see the impact of your donation over time.

4. Bithope

Bithope webpage Screenshot

Bithope is a non-profit crowdfunding platform that allows users to make donations in Bitcoin to support various charitable projects around the world. The platform was founded in 2013 and aims to use the power of Bitcoin to provide a transparent and secure donation process.

One of the key features of Bithope is its focus on transparency. Donors can track their donations and see exactly how their funds are being used by the charitable organization.

The Crowdfunding Process

  1. Choose a project - Bithope offers a variety of charitable projects to choose from, each with a specific cause and goal. Donors can browse the projects on the platform and select the one they wish to support.
  2. Make a donation - Once a donor has chosen a project, they can make a donation in Bitcoin. Bithope accepts Bitcoin as its primary form of payment, and donors can make a contribution using their Bitcoin wallet.
  3. Track your donation - Bithope's platform allows donors to track their donation and see how their funds are being used by the charitable organization.

5.Bitbond

Bitbond webpage screenshot

Bithope is a unique crowdfunding platform that leverages the power of blockchain technology and cryptocurrencies to promote social and environmental change. The crowdfunding platform uses Bitcoin and other cryptocurrencies to fund various social, environmental, and technological projects.

Key Features

  1. Accepts Bitcoin and other cryptocurrencies for donations
  2. Allows users to donate anonymously
  3. Offers traditional payment methods like credit cards and bank transfers
  4. Provides a platform for crowdfunding social, environmental, and technological projects

The Crowdfunding Process

  1. Project creators create a project page on Bithope and describe their project, including their funding goal, project timeline, and the impact of their project.
  2. Donors can then browse the project pages and select the projects they want to support.
  3. Donors can make a donation using Bitcoin or other cryptocurrencies, or traditional payment methods like credit cards and bank transfers.

6. Giveth

Giveth webpage screenshot

Giveth is a blockchain-based charity platform that enables donors to give directly to social projects and non-profit organizations. Giveth operates on the Ethereum blockchain and uses smart contracts to ensure transparency and accountability in the donation process.

Giveth also provides a range of other features, including the ability to create decentralized autonomous organizations (DAOs) to manage projects and the ability to create personalized fundraising campaigns.

The Crowdfunding Process

  1. Project creation: Charities or individuals create a project on the Giveth platform and set a funding goal.
  2. Campaign launch: The project is launched, and donors can start contributing to it through cryptocurrency donations.
  3. Reward distribution: Once the project reaches its funding goal, the Giveth platform distributes the rewards to the project creator and the donors.

7. Fundition

Fundition webpage screenshot

Fundition is a blockchain-based crowdfunding platform that utilizes cryptocurrencies to fund social projects and causes. It is a decentralized platform that allows project creators to create campaigns and receive donations from supporters around the world.

Fundition provides several unique features, including the ability to create Trusted Lending Circles and social media integration to promote campaigns. The platform's use of blockchain technology provides transparency and accountability in the crowdfunding process.

The Crowdfunding Process

  1. Project creation: Project owners create a project on Fundition, including a description, funding goal, and rewards for backers.
  2. Fundraising: Backers can then contribute funds to the project using FUNDI or other cryptocurrencies. Project owners can choose between flexible or fixed funding.
  3. Campaign promotion: Project owners and their supporters promote the campaign on social media and other channels to attract more backers.

8. WeTrust

WeTrust webpage screenshot

WeTrust is a decentralized financial platform built on the Ethereum blockchain. It aims to provide an alternative financial system that leverages existing social capital and trust networks to provide financial services to underserved populations.

Some key features of WeTrust include a ROSCA (Rotating Savings and Credit Association) feature that allows individuals to pool their resources and save money together. WeTrust also enables the creation of Trusted Lending Circles, which are self-funded and self-governed groups of individuals who provide microcredit loans to each other.

The crowdfunding process on WeTrust involves the creation of a Trustcoin campaign. Trustcoins are WeTrust's native cryptocurrency, which can be used for transactions on the platform.

A Trustcoin campaign can be created to fund a project or cause, and supporters can contribute Trustcoins to the campaign. Once the campaign reaches its funding goal, the Trustcoins are transferred to the project creator.

The Future of Crowdfunding Is Crypto-Powered

As the world becomes more digitized, crowdfunding platforms have also evolved to offer innovative ways for creators to raise funds for their projects.

The rise of crowdfunding platforms that accept crypto payments is a significant development, marking the beginning of the crypto-powered crowdfunding ecosystem. It offers an opportunity for creators to access a more extensive pool of investors and raise funds in a decentralized, transparent, and secure manner.