Frequently Asked Questions
Contributing to a Funding Chain is simple and flexible, giving you multiple ways to support causes that matter to you. Here's how you can contribute:
- Access the Funding Chain: Visit the campaign page of the Funding Chain you want to support. You'll find details about the cause, its goals, and progress.
- Choose Payment Type: Select whether you'd like to contribute using fiat currency (via card or bank) or cryptocurrency.
- Choose an Amount: Decide on the amount you'd like to contribute.
- Select a Contribution Method: You have several options for making a contribution:
- Fiat (Card or Bank): Use MoonPay to contribute with your debit/credit card or a bank transfer. MoonPay securely converts your fiat currency into crypto and sends it directly to the smart contract.
- Built-in Wallet: If you're a registered user with a built-in smart wallet on our platform, you can contribute directly from your account balance.
- Self-Custody Wallets via WalletConnect: Use WalletConnect to easily connect your preferred Web3 wallet (such as MetaMask, Trust Wallet, or others) and make a contribution securely.
- Direct Send (POL on Polygon): Alternatively, you can send POL tokens directly to the smart contract address from any wallet on the Polygon network.
- Confirmation and Receipt: Review your contribution details and confirm the transaction. Once the transaction is completed on the blockchain, you'll receive a confirmation receipt as proof of your contribution.
By contributing to a Funding Chain, you're participating in a transparent and efficient fundraising process powered by blockchain technology. Your support helps make a meaningful difference.
If you have any questions about contributing to a specific campaign, using WalletConnect, MoonPay, or the contribution process, our support team is here to assist you.
At Funding Chain, we make it easy for people from anywhere in the world to support your fundraiser. When you create your Funding Chain, you’ll receive a unique smart contract address. Contributors can send their support directly to this address, ensuring that their funds go straight to your cause.
To make it even more accessible, we also provide a simple, user-friendly donation option on our website. Whether contributors prefer to use their own wallets or pay with a card or bank transfer, we’ve made the process seamless and straightforward.
Our goal is to ensure that fundraising on Funding Chain is inclusive and easy for both creators and supporters. By harnessing the power of blockchain technology and combining it with intuitive features, we’re changing how people connect and contribute.
At Funding Chain, we stand for principles that set us apart from other crowdfunding platforms. We prioritize user privacy and staunchly reject the notion of censorship. Unlike some websites that have cancelled fundraisers or withheld funds based on their own beliefs, we firmly believe that censorship has no place in our society. If you're within the bounds of the law, we respect your right to raise funds for your cause, whatever it may be.
Moreover, Funding Chain distinguishes itself through the use of smart contracts. Once you initiate your Funding Chain, it becomes an immutable entity. It will continue to operate and collect donations for the specified duration, ensuring your fundraising efforts remain intact. When the time comes, the smart contract will execute the payout according to its original configuration. This level of reliability is reinforced by the fact that even we, the creators, lack the power to halt or interfere with the smart contract's operations.
We're committed to transparency, autonomy, and the unwavering support of your fundraising endeavors. With Funding Chain, you're empowered to drive change and secure the resources you need without fear of censorship or disruption.
A blockchain is a revolutionary technology that underlies digital currencies like Bitcoin and has broader applications beyond just cryptocurrency. At its core, a blockchain is a decentralized and distributed digital ledger that records transactions across multiple computers or nodes.
Key characteristics of a blockchain:
- Decentralization: Unlike traditional systems that rely on a central authority, a blockchain operates on a network of nodes, each maintaining a copy of the entire ledger. This decentralization enhances security and resilience.
- Transparency: Every transaction added to the blockchain is visible to all participants in the network. This transparency ensures accountability and prevents tampering.
- Immutability: Once a transaction is recorded on the blockchain, it cannot be altered or deleted. This feature ensures the integrity of the ledger over time.
- Cryptography: Transactions are secured through advanced cryptographic techniques, ensuring data privacy and protection.
Blockchains are made up of blocks, each containing a batch of transactions. These blocks are linked together in chronological order, creating a chain of blocks, hence the term "blockchain." The process of validating and adding new blocks to the chain is achieved through consensus mechanisms like Proof of Work or Proof of Stake.
While initially used for cryptocurrencies, blockchains have expanded their use to various industries. They power applications in supply chain management, healthcare, voting systems, and more. The technology's potential to enhance security, transparency, and efficiency has led to significant innovation and exploration of new use cases.
At Funding Chain, we leverage blockchain technology to create a secure and transparent environment for fundraising, utilizing smart contracts to automate processes while maintaining the integrity of transactions.
A smart contract is a revolutionary concept that combines the principles of traditional contracts with the capabilities of blockchain technology. Think of it as a digital contract that enforces and executes the terms of an agreement in an automated, tamper-proof, and trustless manner.
Unlike a physical contract that relies on intermediaries and manual enforcement, a smart contract operates as self-executing code on a blockchain, such as Ethereum or Hedera. Once deployed to the blockchain, the terms of the contract are encoded into the code, and its execution becomes a part of the blockchain's immutable history.
Here's how it works:
1. Establishing the Agreement: Similar to a traditional contract, a smart contract defines the terms, conditions, and actions that need to be carried out by the involved parties.
2. Code Execution: The terms of the smart contract are written as code, often in languages like Solidity. This code resides on the blockchain and automatically executes when specific conditions are met.
3. Trustless and Automated: The code's execution is trustless, meaning it happens exactly as programmed, without relying on intermediaries. This automation eliminates the need for third parties to oversee the contract.
4. Immutable and Transparent: Once deployed to the blockchain, a smart contract's code and execution history are immutable. No one, not even the creators, can alter the contract's terms or outcomes retroactively.
5. Use Cases: Smart contracts have a wide range of applications, from financial transactions to supply chain management. They can facilitate automated payments, voting mechanisms, decentralized applications (dApps), and more.
At Funding Chain, we utilize the power of smart contracts to create a robust and transparent fundraising platform. Our Funding Chain smart contract is meticulously designed to ensure transparency, immutability, and adherence to the specified terms. Once deployed, the Funding Chain smart contract becomes a dependable and unalterable mechanism for collecting and distributing funds according to the fundraising campaign's rules.
