How It Works
FundX Now is revolutionizing crowdfunding with blockchain technology. Learn how our decentralized platform connects creators with backers worldwide.
The Process
Create an Account
Connect your blockchain wallet (like MetaMask or Sui Wallet) to verify your identity in a decentralized manner.
Launch Your Campaign
Set your funding goal, timeline, and project details. A smart contract is automatically generated for your campaign.
Share With Backers
Promote your campaign to potential backers worldwide. No geographical limitations means global reach.
Receive Funding
Backers send cryptocurrency directly to your campaign's smart contract. Track contributions in real-time.
Track Progress
Monitor your campaign's performance with transparent blockchain-based tracking and analytics.
Deliver Rewards
Distribute digital rewards or tokens to your backers automatically through smart contracts.
Benefits of Blockchain Crowdfunding
Our platform leverages blockchain technology to offer unique advantages over traditional crowdfunding methods.
Transparent Funding
Every transaction is recorded on the blockchain, providing complete transparency for where funds go.
Lower Fees
Cut out middlemen and save on platform fees compared to traditional crowdfunding platforms.
Global Access
Anyone with a crypto wallet can back projects, regardless of their location or banking situation.
Automated Distributions
Smart contracts automatically distribute funds when goals are met or return them if not.
Token Rewards
Offer backers digital tokens that can represent ownership, voting rights, or exclusive benefits.
Community Governance
Implement DAO-style voting for project decisions, giving backers a real voice.
Security & Transparency
Our platform prioritizes security and transparency through blockchain technology. Every transaction is immutably recorded, smart contracts are audited, and funds are held securely until campaign conditions are met.
- ✓All smart contracts undergo rigorous security audits
- ✓Transparent record of all transactions on the blockchain
- ✓Automated fund distribution based on predefined rules
- ✓Non-custodial platform - we never control your funds
Frequently Asked Questions
What cryptocurrencies can I use to back projects?
Currently, we support SUI, ETH, USDT, and USDC. We're working to add more options in the future.
How do smart contracts ensure my funds are safe?
Smart contracts are self-executing contracts with the terms directly written into code. Funds are only released when predetermined conditions are met, and if the campaign doesn't reach its goal, funds are automatically returned.
Do I need technical knowledge to create a campaign?
No! Our platform handles all the technical aspects. You just need to fill out the campaign details and connect your wallet.
What happens if a project doesn't reach its funding goal?
We use an 'all-or-nothing' model. If the campaign doesn't reach its goal by the deadline, all funds are automatically returned to backers through the smart contract.
Can I update my campaign after launching?
Yes, you can post updates to keep your backers informed. However, core details like funding goals and deadlines are locked in the smart contract and cannot be changed after launch for transparency.
How are rewards distributed to backers?
Rewards can be distributed as NFTs, tokens, or other digital assets directly to backers' wallets through the smart contract.
Still have questions? We're here to help!