This is to solve the problem of well funded ideas on KickStarter going bust and not refunding. Essentially each project sets how much they will take from the pledge (e.g. 10%) which will fund the development. Then they take the remaining on delivery. It’s all encoded in the blockchain as a contract, so essentially it takes some amount in escrow, and on completion pays the rest without cumbersome bank transfers.

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One Response to KickCoin

  1. gemmell says:

    KickICO – exists.

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