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XDAO for the fam:
CROWDFUNDING 💸
DAO isn’t just about voting — it’s also about shared capital. Crowdfunding lets the community pool funds for various goals, such as launching a product, acquiring an asset, expanding a project, or investing in opportunities 🎯
How it works:
1️⃣ The DAO sets a goal — for example, raising 10,000 TON
2️⃣ Participants send funds to a smart contract address, which records every transaction, tracks funding progress, and can automatically issue tokens in return
3️⃣ The campaign may have a time limit. If the goal isn’t reached before the deadline, funds are returned
4️⃣ Once the campaign ends, the funds are either used automatically for the goal or allocated via a separate DAO vote
Depending on the DAO’s settings, contributors may:
Unlike centralized campaigns, everything here is transparent and autonomous — managed by a smart contract, with no intermediaries or manual handling 💻
CROWDFUNDING 💸
DAO isn’t just about voting — it’s also about shared capital. Crowdfunding lets the community pool funds for various goals, such as launching a product, acquiring an asset, expanding a project, or investing in opportunities 🎯
How it works:
1️⃣ The DAO sets a goal — for example, raising 10,000 TON
2️⃣ Participants send funds to a smart contract address, which records every transaction, tracks funding progress, and can automatically issue tokens in return
3️⃣ The campaign may have a time limit. If the goal isn’t reached before the deadline, funds are returned
4️⃣ Once the campaign ends, the funds are either used automatically for the goal or allocated via a separate DAO vote
Depending on the DAO’s settings, contributors may:
— receive LP or other tokens that reflect their share and grant rights to future rewards
— receive nothing, if the campaign is a pure donation
— get a refund if the goal is not reached
Unlike centralized campaigns, everything here is transparent and autonomous — managed by a smart contract, with no intermediaries or manual handling 💻