Decentralized Crowd Funding Options.

Photo by David Shares on Unsplash

As you may know from my most recent posts, I am interested in getting Steem/ SBD integrated into OpenBazaar. I would like to continue to do work like this on other projects, and I have been interested in how these platforms work for a while now, so now is the time to get into it.

This article will just be a brief outline. I plan to go a bit deeper into the ones that I end up using, so keep an eye out for those.

Sadly, I’m no dev.

What I am, however, is able to spend the time and effort to help with things like funding, organizing or publicity. Hopefully, this ongoing information hunt will be interesting and useful for others that may want to do the same or similar things.

Sustainable Open Source Funding.

One of the biggest hurdles I see in the Open Source project space is funding. Projects need developers and infrastructure and neither of those is, nor should they be free.

Many, if not most developers in the open source world do work for free. Thankfully, a passion for the project motivates a good portion of the open source developers to continue on. Without this passion, most projects wouldn’t exist.

When we look at the quality of the leading open source projects today, we see some real top shelf stuff. Paying people will not necessarily get this kind of quality, but there is more to it than that.

What if someone like me sees something they want done, but don’t have the chops to get it done? The only thing we can do is hire a developer. These people are doing a service and should be paid.

So, how can we get the work done that we want so that ourselves and others can continue to enjoy the freedom and “free-ness” that we all enjoy and probably take for granted?

Today, there is a growing amount of options in the blockchain and decentralized, crowd-sourcing space.

In sticking to the decentralized and open source principles DiggnDeeper is always looking for, lets see what is out there.


Fundition is a next-generation, decentralized, peer-to-peer crowdfunding and collaboration platform, built on the Steem blockchain.”

That certainly says a lot of the right things to me. I have seen a few projects using Fundition including HomesteadersCoop that is using this service to help with start-up and initial operations, as I understand it. Being on the Steem blockchain helps greatly in transparency and simplicity.


Crowd funding can be done through content creation on a project in the form of project updates or other information that is relevant. There are a lot of things being funded this way and the genius of it is that donors aren’t really out anything.


Built to be a Patreon type of replacement for the blockchain, this is more of a standard subscription-based platform (like Patreon) for content creators.

There is a moderate “close to 1%” fee, but like Tallycoin below, they never hold your keys or coins.

BitBacker is came to notoriety as Patreon started to censor creators on its platform. BitBacker claims that you will never be banned for your ideas.


Another Patreon-like replacement for the crypto-sphere. It has a very slick and simple interface. You can set up subscriptions and lock your content behind a paywall or create a fundraiser. You can keep your audience up to date by posting on the site.

There are no fees and you get pain immediately, as your bitcoin goes directly from donor to your wallet of choice.

I have no idea what the community is like and there isn’t a whole lot of talk on the Interenet about it, even though it seems to me like a pretty slick replacement for those of us that are crypto-centric in our fundraising efforts.

Utopian Colony

“Utopian Colony is a platform for open source collaboration, home to all digital professionals with a passion for open source innovation. Utopian Colony gives everyone a voice and a place to contribute, reward and be rewarded.”

This is the most promising platform I have found. It is also the most difficult to initially wrap my head around. Now that I have read through the guidelines and rules, and have chatted with the kind folks in their Discord, I feel like this is a truly revolutionary way to sustainably manage projects.

As with any platform, the community is the key. Here again, is where seems to handily outperform the others at this time. Right now, it is pretty much just well organized blogging on the Steem platform with a GitHub account, but development for complete project funding and collaboration is underway.

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