BitFlyer Launches Japan’s First Bitcoin Crowdfunding Platform
Japanese bitcoin market bitFlyer has added a bitcoin crowdfunding platform called ‘fundFlyer’ to its feature list, launching the first service of its type in the country.
The system works in a fashion similar to more established crowdfunding services like Kickstarter and Japan’s own Shooting Star, but is taking a significant step towards mainstreaming bitcoin use in its home country with at least one high-profile user.
The fundFlyer website lists ‘the arts, product and software development, events, disaster prevention and political activity’ as projects with bitcoin crowdfunding potential, and encourages project owners to use the platform to build long-lasting communities.
Like other services, it allows project owners to set funding goals and differing levels of gifts, or perks, for supporters. Normally fundFlyer itself receives 10% of the total amount raised, but is currently offering 0% usage fees as an introductory campaign.
This post was published at Coin Desk on September 10, 2014.