OnlyFunds

Fund innovative ideas

Find interesting projects

OnlyFunds is a platform for every kind of project

Stay up to date and transparent

Our transparent DAO voting-system allows you to control the release of funds

Track and control your funding

Our platform displays all projects you backed in a separate tab

Platform comparison

Platform fee	Payment fee	Withdraw time
0 %	2.9% + $0.30	2 - 5 days
5 %	3.0% + $0.30	within 15 days
5 %	3.0% + $0.20	at least 17 days
4.9 %	2.9% + $0.30	< 1 days
Nonprofit: 0-5% Personal: 0%	Nonprofits: 2.9% Personal: 2.9% + $0.30	< 1 days
Nonprofit: 0% Personal: 6.9% + $0.30	Nonprofit: 0% Personal: 6.9% + $0.30	< 1 days
4 %	0 %	INSTANT

source: https://www.crowdfunding.com, 15.11.2022

01

Connect your wallet

Only one-click needed - no difficult registration process

02

Tell your story

Create a unique story about your idea and get funded

03

Enjoy benefits

Our platform is transparent using blockchain techology

Our solution

With the help of web3 we tackle both issues at the same time. Projects create a new campaign, and a smart contract gets created once they entered all information's.

Users can then invest in the project, by contributing money into the smart contract. If the funding goal is reached, a partial amount immediately gets released to the project.
Our crowdfunding platform gives backers the power of DAO governance to control the release of the other funds raised. This holds the founding team accountable to be transparent about their work.

A vote at each milestone either releases the remaining funds or returns them to the backers. On the other hand, we can provide a transparent and easy model for projects. We have a fee, only if they are successfully funded and that is it. NEAR allows us to charge no transaction cost, as the gas costs are negligible. Projects can calculate much better on their timeline, as soon as they are funded, they can start.

Start Now

Your perspectives

Funders

In the last decade crowdfunding saw a massive rise in popularity. And with it, many projects saw the opportunity to raise money, with no proof of concept ready.

Often, they simple present an idea with no plan on how to realize it. In the last few years, a good render trailer was enough, and people lost millions in unfinished products that never saw the day of light. And once they run out of money, funders lost every cent they previously pledged. This can massively discourage new funding and potentially good ideas receive no funding.

Projects

While crowdfunding platforms offer a stage for projects to present themselves, they come with problems and complications too. In addition to a platform fee, nearly all platforms have an additional transaction fee.
Once projects are funded, they pay up to 3 percent, just to receive their money. On top of that, long wait times until they receive the money can delay the project's start time.