Meiko S. Patton
The Daily DeSo


The Daily DeSo

Decentralized Social Is The Easiest Way For Creators To Raise Money In 2023

Decentralized Social Is The Easiest Way For Creators To Raise Money In 2023

Meiko S. Patton's photo
Meiko S. Patton
·Jan 13, 2023·

4 min read

Raising money for a project can be daunting and exhausting. Even if you have a great idea, getting the funds to implement it is another story. This is especially true for online creators, trust me, I know. Fortunately, that's no longer the case because raising money just got ten times easier with OpenFund on the DeSo Blockchain.

OpenFund: Kickstarter + Coinbase

OpenFund is a web3-native fundraising platform that allows you to start, fund, and trade your next big idea. Imagine Kickstarter and Coinbase had a baby, that's OpenFund.

As a creator, you can raise money for the following things and much more:

  • Metaverse Project

  • Investment Fund

  • Ethereum Project

  • Solana Project

  • NFT Collection

  • Podcast Show

  • YouTube Show

  • Online Community

  • Newsletter Project

  • Early-stage Startup

A creator recently had an idea to create a DeSo Shopping Project, so they set it up on OpenFund and raised over $1,860.

Another creator had an idea for a Post2Earn Project, so they set it up on OpenFund and raised over $3k. The next project funded could be yours.

For creators looking to raise money quickly, OpenFund is a great option. By doing so, you can promote your projects to a wider audience, and in return, receive donations from loyal supporters.
The greatest advantage of being on the DeSo Blockchain is the power of all the connected apps. Once you post about your project on OpenFund, that post is seen by everyone on the blockchain. By leveraging the power of DeSo, you're able to reach your goals faster.

Whether you're looking to finance your start-up, create a prototype for a new product, buy equipment for your studio, or rally support for a charitable cause, crowdfunding with OpenFund is super easy.

Here are just a few benefits:

One of the primary benefits of utilizing OpenFund is the almost instant access to capital. By tapping into the power of the crowd, you're able to raise the capital you need to launch your project. This is especially beneficial for marginalized creators who may not have access to traditional funding sources.

Crowdfunding on OpenFund makes it easy to reach out to potential supporters and to build relationships with them. By creating a compelling story, you can attract the right people, and make the right connections. The beauty of OpenFund is that it's on the DeSo Blockchain which means you have a community of people already rooting for you to succeed and will be happy to contribute if your project resonates with them.

One of the most powerful benefits of using OpenFund is the ability to connect with potential supporters who already love DeSo and are die-hards in the community. In addition, this is a great way to galvanize a community around your project, take it to the next level and get the funding for your next masterpiece.

OpenFund Features

Start a Project

Setting up your project is as easy as creating a social media profile, with sensible default settings that you can change anytime.

100% On-Chain

All profiles, content, social graphs, social transactions, trading & governance are stored on the DeSo blockchain.

Goodbye Gas-Fees

It costs virtually zero gas fees to start and fundraise for your project. Store tens of thousands of on-chain transactions for less than a dollar.

Multi-Currency Contributions

Accept contributions in ETH, SOL, BTC, and DESO, with additional currencies to be added soon like DOGE, USDC, FIAT, ADA and more.

Instant Tokenization & Trading

Provide instant liquidity with coins when members contribute. And trade them via the on-chain non-custodial order-book exchange.

Flexible Fundraising

Configure all the details of your fundraising round from choosing your coin price, privacy settings, start/end times, and even price curves.

Built-In Referral Programs

Every project can set its own custom referral bonus to reward advocates. Bonuses are taken directly from contributions during a funding round.

Creators, what are you waiting for? Get your next project funded today with OpenFund. If you're still unsure about how to make money with DeSo, be sure to get a copy of my free Notion template.

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