524 sats \ 2 replies \ @k00b 2 Apr \ on: Geyser AMA 🙌 😎 AMA
Concretely, how has fundraising changed with bitcoin?
write
preview
this territory is moderated
543 sats \ 0 replies \ @geyserfund OP 2 Apr
  • Access: 85% of the world that are outside fiat rails can now actually do fundraising. 50% of all projects on Geyser are created in areas with previous no or limited access to fundraising.
  • Ease of fundraising: Some of our projects raised 10x more on Bitcoin than they did on fiat. We see a massive enhancement in funding with Bitcoin than with Fiat. Plebs want to Let the Sats Flow!
  • Immediate direct Funding: Geyser does not custody funds, so funds go straight to the creator's wallets. This empowers creators who don't have to wait weeks, months or years to receive funds into their wallets.
...and a lot more to when it comes to privacy, immediacy, UX... Abubakar just published a nice article about Geyser for more info: https://x.com/ihate1999/status/1774578678602649919?s=20
reply
163 sats \ 0 replies \ @geyserfund OP 2 Apr
Fundraising with Bitcoin offers several advantages:
  1. Bitcoin is a global and permissionless network , so it allows access to financial services such as crowdfunding to anyone with an Internet connection. In contrast, traditional platforms such as Kickstarter, are limited to a handful of countries.
  2. It allows pseudonymous donations, which is very important to many contributors for sensitive projects like Bitcoin4Palestine
  3. Allows lower fees than traditional platforms, especially when currency exchange fees are also considered
  4. Fundraising with Bitcoin brings with it the Bitcoin community, which over the years has always been super generous and ready to donate to valuable initiatives
I hope this sums it up well ;)
reply