A Bitcoin-Friendly Crowdfunding


By  Greg Kumparak As the popularity of crowdfunding grows ever larger, an interesting new trend has started popping up: developers, curious if a new feature is worth adding to their products, are asking interested customers to chip in to cover the costs of development. In other words: if you really want a feature, put your money where your mouth is.

Balanced, a payment service, recently used crowdfunding to support adding a new money sending feature. App.net, a subscription-based/ad-free Twitter alternative which as a whole was born out of a $803,000 crowdfunding campaign, is currently using it to determine if they’ll accept Bitcoin payments on their site.

This morning, App.net announced that they’re opening up the engine they built for their Bitcoin campaign, allowing other companies to use the platform to raise money for individual features. They’re calling the new platform Backer.


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