fundabit

Crypto subscription platform

10 followers

Crypto subscription platform

10 followers

Liberating the creative class using #blockchain. The first membership subscription platform that let's creators get paid in #crypto.

Launch tags:Payments•Maker Tools•Web3

Launch Team

Framer — Launch websites with enterprise needs at startup speeds.

Launch websites with enterprise needs at startup speeds.

Promoted

StoryBee

This is cool. Where is your smart contract that handles the automated recurring payments, can you please share the source?

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7yr ago

fundabit

Maker

Hi @niksmac, we are built on top of the Ethereun ERC-1337 standard. You can look it up and adapt it to your needs. Let me know if you have any questions!

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7yr ago

StoryBee

@mixkas Yeah, I'm curious about how you implemented the automated recurring transfers. Please share contract address?

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7yr ago

fundabit

Maker

@niksmac I sent you a PM

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7yr ago

StoryBee

@mixkas Got it, thanks.

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7yr ago

StoryBee

@mixkas Considering the amount of interest received for my question, I think you should answer in public.

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7yr ago

ReliAPI

In order to use the platform, you need to install MetaMask in the browser. This is very inconvenient and makes a stumbling block for mass implementation.

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7yr ago

fundabit

Maker

@kiku_reise You are right but the way we see it is; with crypto-apps there is always the tradeoff between control and UX. We might add alternatives in the future but for now we feel much more comfortable with the users being in control of their funds/wallets. Especially with regards to the number of cases where dApps hosted wallets and got hacked.

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7yr ago

@kiku_reise While true (honestly, I agree), it seems like MetaMask is widely enough used by the primary demographic of Fundabit that this won't be a serious barrier to entry. I'd like to see how Fundabit achieves additional adoption of MetaMask, though

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7yr ago

fundabit

Maker

There are also other alternatives as well. With tokenary.io even Safari users can join the fun. We are evaluating other options as well. Yet, I believe that time will take care of most inconveniences @kiku_reise @chris_germano

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7yr ago

From what I understand, it's not possible to force money out of a wallet unless you give away your private key. I presume that subscribers will have to deposit money into a wallet controlled by Fundabit?

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7yr ago

fundabit

Maker

@dddraeger Actually not anymore. Users do not have to pay in advance or put down a debit, but give only the permission to a recurring transaction from their wallet. That's what the Ethereum ERC 1337 standard we make use of is all about.

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7yr ago

ketl

Please, don't buy upvotes on Product Hunt. Most of the people who upvoted this project have the same number of followers and subscriptions. I'm reporting this to PH, they'll investigate.

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7yr ago

unpalette

@nikitakolmogorov Agree. I was keeping watching the board and upvotes of this increased 100 to 400 in 3 hours... unfair results.

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7yr ago

fundabit

Maker

This is very exciting! We are so proud that Fundabit has reached this stage and hope that you are going to love it. We truly believe that this is an important step towards Web 3.0 and creator independence. Subscriptions and recurring donations are essential for the livelihood of many creators today. Yet, the de-financing and de-platforming practices of YouTube, Patreon, PayPal or Visa have revealed the high level of platform dependency. Blockchain & cryptocurrency are invaluable in ensuring creative freedom and bringing creators and fans closer together. 🎉 Special PH Promo 🎉 We pay for your smart contract! The first 100 creators that start a project on Fundabit don’t need to pay the 50ct transaction fee. All you need is the MetaMask plug-in or any other Web3 browser. No cryptocurrency needed.

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7yr ago

Honestly speaking I have no clue about crypto currency. But I can tell you that the founder is a great person who I worked and studied with and completely trust.

Pros:

I know Tobias for years, he knows how to create solid business cases and is an awesome person.

Cons:

None I could think of

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7yr ago