Crowdhero is a crowdfunding platform for NFT projects with innovative backing and update process with flexible payment release schedule for creators.
Any creator who is looking to kickstart their NFT projects can use Crowdhero, we are providing solutions to help with raising funds from backers and also minting and delivering your rewards as NFT to backers.
Crowdhero is a platform. We are in the same category with Opensea, Raribles, Binance NFT marketplace, Foundation... But we are not operating like a normal marketplace. We are building our platform specifically for crowdfunding which makes it easier for creators to start. Which means, they don't have to complete the full projects in order to start selling and making income on marketplaces.
We provide tools for fundraising with just simple ideas and art directions, game concept, video’s mood board,... Once the fund is raised, creators can take time to execute the full project later, and provide updates to backers’ community along the way. And once finished, the creators can mint and release the NFT rewards to their backers through us.
This is our innovative approach compared to other NFT marketplaces in order to help creators kickstart project easier and minimize on the huge gas fees on minting mass volume of NFT in 1 time. Moreover, in order to minimize the potential frauds and fake, low quality projects, we provide a clear update tool for creators to update their backers, and backers can reject the update. If more than 50% of people reject the project, the fund will be refunded to the backers.
Creators are illustrators, artists, game studios.... For the first release of Crowdhero, to make sure of providing good quality projects to the community, we handpick creators to list on the site. Therefore, in order to become Crowdhero creator, you need to submit your information to us first via our website https://crowdhero.co/ then our team will reach out and discuss with you about your projects and ideas. If everything works, we will list you on Crowdhero and ready for crowdfunding.
Pledging into a project is a great thing as you are helping creators to move closer to their dreams, Crowdhero is facilitating project’s backing with USDT and since we are running on Binance Smart Chain in the beginning, you would need USDT in your Metamask Wallet and Running on Binance Smart Chain, on details on how to switch Metamask to Binance Chain please read here: https://academy.binance.com/en/articles/connecting-metamask-to-binance-smart-chain
Once you have USDT ready on your wallet, simply select any opening campaign that you would like to pledge and pledge.
Yes, by pledging, you are sending USDT into our smart contract. Once the project is not fully funded, the smart contract will give you a refund. Once the project is funded, payment to creators will be released following a set schedule by creators from the beginning. Along the way, if the creator failed to provide updates or get updates rejected by more than 50% of the backers, the remaining funds will also be refunded.
We are not and will not be able to guarantee any quality on the rewards delivered by any creator. As a platform, we provide tools for creators to provide updates about the project's process for the backers. Backers can vote to reject their updates and receive remaining funds back.
You can choose to keep it as a collectible, use it in a game by the creator… Or you can resell it on Secondary Marketplaces like Binance NFT Marketplace.
Yes, we will have multichain for our full release later, so there will be more than just BSC. We will update you about this progress.
Crowdhero’s Incubation Program is where we handpick quality creators to partner deeper for project executions, thus, we will be responsible for the quality of NFT rewards coming out to the backers.
The most standout thing is we have a strong team with previous experiences and expertise in building platforms.
By holding CRWD, you can get the rewards directly from our project’s crowdfunding volume, we are sharing 25% of our NET revenue from the volume to our holders, the other 25% we are adding into the liquidity pool to continuously increase the pool size.
The most important partner that we have is Binance NFT Marketplace, as they will be the secondary market to resell the NFT from projects on Crowdhero. We are very thrilled about this partnership, which means, anyone who back into projects on Crowdhero, can then resell their NFT on Binance NFT Marketplace.
Another important partnership we have is with AWS (Amazon Web Service) who will provide hosting, support and access to their incubation program for potential NFT games.
Other partnerships include Funds, Community partners for NFT, crypto projects, Record label for Music creators, Talent house for KOLs...