Announcing Fundition - The First Decentralized Crowdfunding Platform

in #dlive6 years ago (edited)

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Dear Steem community,

After months of hard work, with the help of my small, but dedicated team, I am happy and excited to release the first platform of FutureShock (our apps incubator) that we believe will make a positive impact on the lives of thousands of people across the world (including yours).
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Find out more about our vision for Fundition here: https://purplepaper.fundition.io

Help us change the world: https://fundition.io

As a Creator: We call creators “ Founders ” for a reason. We invite you to create a Fundition campaign that will support your vision for a better future, whether an invention, a symphony, or a nonprofit organization. Now is the time. This is your chance. Start innovating on this decentralized platform; there are no fees, and all transactions are peer-to-peer. There is literally nothing standing in your way.

As a Steemian: At Fundition, we have a vision of a fairer world, where power is not only in the hands of a centralized few. We hope to instead support projects that foster real and lasting change. We have therefore carefully built into the Fundition platform a system of HEART GIVING. Much like other Steem-based apps, but unlike “likes” on other social media platforms, the “upvotes” (or what we call HEARTS) on the Fundition platform are worth Steem currency, and are supported by the Steem blockchain and its Proof of Brain algorithm. In other words, when you give a HEART to a project, that project will be given currency (Steem) for their merit-based efforts. But you do not necessarily need to reach into your (fiat) wallet to support those projects. (And you will even be rewarded with a small amount of HeartPower in exchange for your support of the project.)

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Will We Fail to Change the World?

Throughout history, creators, inventors, and other geniuses have failed to change the world.
Why? – Because their ideas stayed only ideas. We aim to change that paradigm.

Crowdfunding startups have changed the ecosystem for entrepreneurs and artists already, and in recent years, crowdfunding projects have generated billions of dollars in revenue. However, corporate crowdfunding platforms continue to take substantial fees for minimal service. The coffers of these centralized platforms continue to fill up, generating massive profits for the company, without any significant innovation or development.

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History shows us that it’s creators who sweat and bleed for their innovations, while too often, capital supporters take their ideas and earn large profits. Unfortunately, creators are often left with little to nothing.

This is why we created Fundition. We believe in empowering and supporting artists, creatives, innovators, developers, and entrepreneurs. Directly. In a decentralized way.

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About Fundition & Our Contribution to the Community

Fundition is a next-generation, decentralized, peer-to-peer crowdfunding and collaboration platform, built on the Steem blockchain, that aims to replace extant, outmoded, centralized models such as Kickstarter, GoFundMe, Indiegogo, and Patreon; while offering a valuable solution to link creative entrepreneurs with like-minded supporters.

At Fundition, our goal is to put more time into making Steem grow, instead of trying to increase the value of our account. Our goal is to put coal in the locomotive of the Steem train instead of building a slow train of our own. Our interest is in scaling the community and value of Steem, rather than simply scaling our own endeavor.

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We are using a new system at Fundition called HEART GIVING. This is built upon the merit-based rewards of the Steem blockchain, and it goes one level further. Instead of rewarding projects or contributors with currency or fiat, they are given HEARTS, HEARTPOWER, and lifetime HEART SUPPORT. At the moment all of these gifts are powered by Steem, SBD, and SP, but we are working to develop an SMT (Smart Media Token) called the Heart Token, which will be released in the near future.

I have also come up with something called Proof of Merit (PoM), which is an ethical overlay for the Steem blockchain. Fundition is based on this PoM, and we have a somewhat more detailed description of PoM in our PurplePaper (with much more discussion to come): https://purplepaper.fundition.io

In brief, the idea of PoM is that plankton, minnows, dolphins, and whales should have relative parity. Steem does seek such equality for its users, though it has struggled with uneven distribution (mirroring income inequality in the fiat world). We believe that Fundition addresses both the long-time users of Steem, and the beginners, wanting to get started quickly.

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About Our Team

My name is Aytaç Ozden Cetinkaya ( @hightouch ), and I am the founder of FutureShock and the Fundition platform. Before these project, I worked to develop the DTube platform, and I have a wide knowledge of the Steem blockchain’s operating system, the thinking process, and the necessity of an ecosystem. Before this work, I spent more than a decade as an engineer, specializing in the research of numerical solutions using mostly Microsoft technology. I live between Paris and Strasbourg, France, where I have worked for many famous companies in my lifetime.

Following my four months of successful work on the DTube project, I made a conscious decision to turn my work next towards building something not only useful for the community, but above all, for humanity. Today, I have no doubt about having gone the right direction.

I took on the challenge on gathering a motivated team (some of them were already active in our associations), to improve the crowdfunding world together, with the goal of building the biggest decentralized crowdfunding community over the Steem blockchain.

Credits :

Fundition Team : @candia, @theshinstory, @enisshkurti, @goyard, @addicttolife, @overmybrain, @burakakdogan, @drkent, @free999enigma, @planetenamek

Fundition Advisors & MVPs : @fredo77200, @infromthecold, @acidyo, @coldbolt, @alucare, @liveyourdream, @nannal

I'm also thankful to @fabien, @reggaemuffin, @redjepi and @cloh76 for our discussions.

And a special thanks for my friend “The Visionary Marksman” Christopher KEO aka @ekitcho who helped me to make this a reality. To be honest, this wouldn't be possible without his help.

We created this platform not only to spread humanity, but to take a position and to bring a new vision to the Steem Ecosystem.

Thank you all for your contributions!
Let's build the future, all together on the Steem ecosystem !

Contribute to our Project

Give Feedback

We are open to your valuable feedback, to be able to build a good product that you may love. If you have any feedback or ideas that you would like to share with us, please comment under this post or feel free to contact us in our Discord channel. https://discord.me/fundition

Support and Share

If you would like to help us with our project, you can support with your upvote on this post. We will be grateful for your help! (ALL rewards from this post will be used to keep the platform on track.)

For business or partnership inquiries, please feel free to email your proposal to [email protected]

You can follow @fundition & @futureshock for our futures updates.

Don't forget if you support the first Fundition's project :
https://fundition.io/#!/@fundition/m33nd7t1k
You will appear on : https://www.saveawhale.fundition.io/

Futureshock video is at DLive

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First Impressions...

First, I'm so excited to see someone tackle the crowdfunding application of Steem. I've been anxiously awaiting a development like this for a long time.

Logged in with SteemConnect easily. The site has a very pleasing design and seems very well done. Most of the site text is well done, but the Purple Paper could use some attention in it's english translation. It reads a bit clunky and strange. There are also a couple typos you'll want to address on the site. (Check the "Start New Prroject" button first!)

I'm happy to see the roadmap mentioning continuing UI design, bug fixes, app development, etc. From my exploration so far, I don't see a way to follow a project from within the site itself. I gave my first "heart donation" to the launchpad, "Save the Whales" campaign. I'd like to be able to see that in my dashboard and possibly see my heart levels across all projects.

There are some icons in the top right heads up display that are unclear to me and could use further explanation. The mention of setting up a recurring support subscription is also great, and I'm curious how it's implemented. Is it basically an integrated "Steemvoter" type bot? I didn't see any option in my cast vote.

Personally I think the aspect of growing your heart power and the supporter role you've defined, vs the backer role and it's direct transfer of funds, are the key differentiating factor of Steem and a huge selling point and should be emphasized even more! Voting is such a frictionless method of support it's wonderful.

The site fundamentals are also a bit confusing concerning defined goal projects (ala Kickstarter) vs. continuing creator support (ala Patreon). I'm hesitant to play around with setting up a Patreon style project without knowing if it can be edited or outright ended at a later point by the founder. Would love to see more documentation on that before I commit something to the blockchain!

I'd also like to see a bit more information on exactly how the system is working in terms of what Steem blockchain content is being included in the calculations. Does a project automatically end on Fundition if it's met it's heart goal? Do all posts made by the founder account count toward the campaign or is it tag based? Do votes on comments count toward the heart totals?

I'm sure all this will play out in time with more tutorials, documentation and refinement. Not jumping on you at all, quite the contrary I'm impressed, excited and enthusiastic! Just my suggestions for documentation and improvements.

Keep up the great work, looking ahead to much success!

First of all, thank you for your feedback.

We will improve both text soon :) and I m sorry if you had hard time to understand something.

I and my team are glad. You gave your Hearts to the first Fundition Limited Edition project.
Which mean that you will appear here : http://www.saveawhale.fundition.io/

Seems like you are talking about your items in your inventory. And this point will be explained in the future update with more interaction and more help (as popup, etc)

The recurring bot is in work, but I cant say much about it now. But I hope that will be well receveid by the community.

I will give a fast answer to your questions but we are also building our FAQ (in a decentralized way) and everyone will be able to find these kind of information soon.

On Fundition the project end only when the post passt 7 days. But with an update by the founder or by a collaborator the project will/can continue. That mean, you can start a project, do a little pause for weeks and continue to make updates to get it in the trending of Fundition (explore page).

Only updates made with Fundition count toward the campaign. Since we are the only platform to allow sharing your rewards. But we are already working to give the possibilty to make an update with all DAPPS platform.

Both comments and donations, on your post and on your updates are taken into count for the total heart. Sometimes Donations are not displayed, just need another refresh, but this is because api.steemit changed some things few weeks ago.

We will work to simplify our platform and to give extra tutorial to help new users to achieve their dreams.

Thank you for your time :)

I will keep an eye on your future updates on Steem. Consider yourself followed sir!

Great response, it covers pretty much all my concerns and saves me typing them all :)

I have to say this looks like a project with great potential, but certainly could do with a lot of polishing. Then again, this is at a very early stage; I will keep a close eye on this and see where it is heading.

Great post Great project and good idea ireally happy to read your good post.I proud of you.

Great and informative post keep going...

Awesome review, I did't have to visit the site :D tip!

Hi @bryan-imhoff! You have received 0.3 SBD tip from @cardboard!

Protip: if you want to send tips and upvotes from @tipU you need to make a deposit first.

I also agree with this assessment. Looks like a promising project.

The Great project and the good idea really happy to read your good post.
@futureshock

Nice artical of faundation vary nice plan and thanx steemit comiunity

Great post, keep on steemit

Yea it's really a great post

Dear steemians!

Please click on the link to access to our discord channel, the previous link post by @futureshock is expired from now, please use this one:
https://discord.gg/S6xyd4

FUNDITION TEAM

Wow! I’ve been waiting a long time for a site where people can post their creative works and innovative ideas and earn some cryptocurrency for them! How exciting!

Do I need a Fundition web wallet for this?

Hi @ats-david
You only need your Steem wallet/account to start to benefit from all advantages of Fundition.
Thank you for your appreciation ;)

So...a prospective new user would just create a Steem account, publish a post about their art or project, then other users would vote on it based on whether those other users like the post, and then the post is rewarded based on those votes and the voters get a little bit of rewards for finding and supporting the post?

This is brilliant!

Good job, team! This should revolutionize the Steem blockchain! Can I donate all of my money to this, or are there limits?

A peer to peer crowdfunding and collaboration platform sound pretty amazing to me. The team looks good as well that can pull the trigger to sustain and fulfill the idea of this project. Experienced team wise. We need to see how this can improve our use of the blockchain. Great project

Thanks @hiroyamagishi,
We are working on these things, and if you noticed we are already trying to remove the barrier between users and the powerfull Steem blockchain. But this will be done with the time and I hope will create a change in the way of developers are building their apps.

Looking forward to it

you are a sports lover. Right?

Soccer lover :)

Excited to see such a platform live, we do need a decentralized crowdsale platform. Also, some functions can be realized in Bitshares.

Hi @jademont
Dont hesitate to join us on Discord for any suggestions : https://discord.gg/S6xyd4
Thank you

Discord joined... maybe, I'm the first Italian on your server? ;)

Will help so many steemians.

This comment has received a 0.31 % upvote from @booster thanks to: @laconic.

Wow man this is good stuff! I've been wanting to put a crowdfunding campaign together for a while now. I've studied Nanotech and would like to kick off my own project / research institute / innovation hub centred around nanoscale assembly technology. Basically to build a functioning nanofactory. Think that's something someone would fund?

The future looks bright!

Good luck and it is a nice effort i pray for your success.

Thanks @thedawn for this kindly comment.

Awesome idea and I like how it is on the steem platform. Anyone know how that NYC eviction guy is doing? I think he got funded from here and I think he was able to keep his place.

great

Finally , this is going to be a great project !

Did you had any doubt about it :)
Thank you for your appreciation bro dude @steeminator3000

I am looking forward to see your future! Good luck!

Thank your for you support @lemouth.

I don't even have the words to say how much I can't wait to see all this in action :-) ! A great project that I hope will open Steem's doors to as many people as possible! Special mention to @hightouch for the enormous work accomplished, huge thank you!

Yeah and I hope this project and futures will help humanity.
Thank you @planetenamek I am also proud to have you in our team ;)

This seems like a really interesting project, I am going to take a look at it because the potential for this application is amazing

Thank you @barne734
Dont hesitate to join us on discord and give us your feedbacks and suggestions : https://discord.gg/S6xyd4

Good Luck @futureshock

wow. i think this is a great project. let me read more about this project

@futureshock thank you for creating the first Decentralized Crowdfunding Platform because for the first time we have a place where we can fund projects without huge fees in the middle! I am happy to see this on Steem because it gives all of us hope that just showing up here and contributing each day is enough to make a huge difference in the world! I found this via @drkent's recommendation!

I will resteem to help more of us discover https://fundition.io and begin funding projects!

I m glad that you like it.
Thank you very much for your appreciation and your support @jerrybanfield.

This looks like a fantastic opportunity guys and definitely something that I’d get behind and make use of. The crowd funding space is a brilliant area to target.

Will keep a close eye on your progress and will get involved when time permits.

Nice to hear that :)
Thank you for the support @mazzle

great initiative, congratulations to the working group that is behind

@futureshock, welcome and congratulations on making your first post! I gave you a $.02 vote! If you would be so kind to give me a follow in return that would be awesome!

Great work. I will take out time to get details latter. Meanwhile, I have to resteem it for wide visibility.

@fundition & futureshock happy to join you...good luck

hmmm sounds interesting.

We believe in empowering and supporting artists, creatives, innovators, developers, and entrepreneurs. Directly. In a decentralized way.

Great work and iniciative, keep up with good work. Will follow your next steps :)

Thanks for your support @occupation.

SALUTE TO YOU, A GREAT STEP EVER TAKEN ON STEEMIT. ALWAYS SUPPORT FROM ME . THANKS FOR THE POST.
BEST OF LUCK

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SUPPORT FROM ME

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Thank You!

Looks great! Steemconnect sign in worked @futureshock !

Check out my first Project


https://fundition.io/#!/@darkflame/saez15sa6

wow.... i can see the application of this to help attract talent, innovation, and ideas onto the Steem blockchain, hopes this grows into the crypto-gofundme-kickstarter-hybrid, would you consider:

  • donations beyond Steem, including wallets for other crypto?
  • plugging in community accounts?

just dropping ideas, well done @futureshock .... APPLAUSE!

hey @cemke come see how awesome your countryman is! Turkey FTW!

hey @dj123! it is really good work! I hope it works. I will try to be part of this project. It is good to see this type idea :) Let the heart giving begin!

I am proud of all of them, it doesn't matter if they are my countryman or not :)

Interesante proyecto por tratar de cambiar la vision para un mejor futuro innovando y descentralizando el poder ademas de proponer la transacciones de igual a igual luchar contra el plagio para que reciba la recompensa quien realmente la merece y el empoderamiento de autores me alegra que fundition este creada en blockchaing y que este dirigida a los diferentes niveles sean ballenas delfines o nuevos @hightouch si puedo colaborar en algo para ayudar a su consolidadcion cuenta con mi apoyo igualmente para @futureshock.

!])

Gracias por sus comentarios @luis01gs, no dude en unirse a su discord : https://discord.gg/S6xyd4 . También necesitaremos ayuda para la traducción al español pronto.

welcome to the future!! long live to @fundition!!

I would say more : Welcome to the future and long live to Fundition !
by : Dupont

Umarim basarili olursunuz sayenizde bizde basaririz gibi 😄

In other words give steem to the worthy project of your choice?
(I read the book ,Future Shock did you? Science fiction is the vaccine for it)

Exactly @everittdmickey, the PoM hide all infos about the user wallet and project are displayed randomly. So, the only way to choose a project is by the project itself (at least on Fundition).
It seems like you know from where we got our inspiration :)

Thank you for writing a thought provoking article about a new merit based platform. I have up voted and resteemed this article.

Verry nice post big thumbs up and a resteem from my side best of luck Advance.

salute u did great job
waise to me english me boht weak hun par apne axha kam kiya he
i hope k ap mazeed yun hi axhi apps bnaenge r hamen introduce karwaenge ham se share karne k lye boht boht shukariya
best of luck

Hard to understand except for the compliments.

Thank you ;)

hahaha its ok thats my style

i hope you success... good luck you you
hope your mission guccess
DQmZsshK2Wn2HBwi3MJXw8cE7DmGBLj2JxTnKEExxr4kog9 (1).gif

“Success is not final, failure is not fatal: it is the courage to continue that counts."
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Awesome post 👍 thanks a lot 🔥❤️

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Thank You! ⚜

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Thanks for the great content!!

@futureshock dear it seems great to see your effort on steemit it help me alot and also after it i can feel that i have increase my confident and experiance while using steam it ,as a steemer i also want to make such a app or softwere but i m not so much experianced .
Happy to see your team work ,and team work is also key of sucess .hope your this effort and great work help a lot people indeed.

There is a lot of place on Steem for anyone, and not only developpers. Keep trying to find your own ;)
And thank you for you appreciation @ahsanbukhari.

nice. really exciting.

decentralised crowd-funding website , sounds exciting already. Will soon come up full power ready for my startup campaign
Thank You ;)

Great post ..I am looking forward to see your future! @futureshock Good luck and it is a nice effort .

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