The new crowdfunding platform known as Coinfundr, will be accepting Bitcoin Cash (BCH) as the main virtual currency for its fundraising model. Coinfundr is expected to be operative by the end of month and it will focus solely on raising funds through Bitcoin Cash.
During the last years, different crowdfunding methods and platforms have appeared in the crypto arena. Some of them allowed individuals and projects to gather funds accepting virtual currencies in a very simple way.
Platforms such as Kickstarter and Indiegogo have suffered from not accepting virtual currencies in the past, and it seems that they will not start accepting them – at least in the short term.
— Unit Maemon (@itsmaemon) May 7, 2018
Now, a new crowdfunding platform based solely on Bitcoin Cash will start operating at the end of May. This could help the Bitcoin Cash community to feel that the project keeps moving and that enterprises are embracing the virtual currency. Moreover, there is nothing better than seeing great services and products getting financed just with Bitcoin Cash.
At the moment there is no specific information about how the platform will work, but we can expect a similar layout to those of traditional crowdfunding sites. The main difference will be in the payment methods available – only Bitcoin Cash. There was also the MEMO release that is an on-chain scaling solution for Bitcoin Cash as well.
Virtual currencies will keep expanding in the coming months and years, and enterprises may benefit from them. Bitcoin Cash aims to provide an on-chain solution to Bitcoin’s scaling issues, and it may have a deep impact in Coinfundr’s platform.