Funds are collected until a goal is reach. Then the total of all funds collected are sent to receiver.
A group of volunteers came together to create Flipstarter; and move the Bitcoin Cash community one step closer to solving these problems (through voluntary funding of the Bitcoin Cash commons):
- 1.Can it work at the large scale we need?
- 2.Can it be reliable enough to make long term plans based on it?
- 3.Is it possible to have meaningful accountability with a distributed group of supporters?
- 1.Permits up to 650 contributors (based on the 100 KiB single transaction limit).