AptosCrowd

Frequently asked questions

What is AptosCrowd, and how does it work?

AptosCrowd is a decentralized crowdfunding platform on the Aptos blockchain, enabling project creators to raise funds securely and transparently.

It supports two crowdfunding models: Flexible (Keep-It-All) and Fixed (All-Or-Nothing).

By leveraging smart contracts, AptosCrowd minimizes fees and eliminates the need for intermediaries, making it easier to manage campaigns.

This approach helps creators reduce costs and gives supporters greater visibility into how funds are managed and used.

What are the main benefits of using a decentralized platform like AptosCrowd for crowdfunding?

A decentralized platform like AptosCrowd offers significant advantages over traditional crowdfunding platforms.

By cutting out intermediaries, it reduces the typical platform fees, which often include fundraising charges (5 – 8%) and payment processing fees (about 2.9%).

With smart contracts automating transactions and enforcing rules, funds are managed transparently, ensuring they’re allocated as promised. This added layer of security and trust is a key benefit for both creators and supporters.

What crowdfunding models are available on AptosCrowd, and which should I choose?

AptosCrowd offers two crowdfunding models to suit different project needs:

Flexible (Keep-It-All): This model lets project owners access funds at any time, regardless of whether the funding goal is reached. Since contributions are non-refundable, it works well for smaller or scalable projects where any amount of support is beneficial.

Fixed (All-Or-Nothing): In this model, funds are only accessible if the project meets its funding goal by the end of the campaign. If the goal isn’t met, supporters can claim a refund. This is ideal for larger projects that require a minimum amount of funding to proceed.

Choosing between these models depends on your project’s specific requirements.

For instance, you can opt for the Flexible (KIA) model if any amount of funding can help you progress, or choose the Fixed (AON) Model if reaching a certain funding threshold is essential for your project’s success.

What is the campaign duration limit on AptosCrowd?

While AptosCrowd currently does not enforce a strict limit, it is recommended that campaigns set their duration between 3 and 45 days.

This suggested timeframe helps keep campaigns efficient and focused, allowing creators to reach their funding goals within a manageable period.

By setting a defined end date, campaigns maintain momentum and provide a clear sense of urgency for supporters.

Can projects raise more than their funding goal on AptosCrowd?

Yes, AptosCrowd supports overfunding, allowing projects to exceed their target goal. These extra funds can enable creators to implement additional features, stretch goals, or improvements, enhancing the overall project.

This flexibility gives supporters the option to contribute more, even after the initial target is met, thereby fostering a greater sense of community investment.

Who can use AptosCrowd?

AptosCrowd is designed for anyone, whether you're a developer, entrepreneur, creator, or community leader. We simply provide a user-friendly platform, allowing individuals of all experience levels to easily launch crowdfunding campaigns.

We would love to support a wide variety of projects, from tech innovations and creative ventures to social initiatives and beyond, fostering a community where diverse ideas can thrive.

Will AptosCrowd evolve into a community-governed platform?

Yes, as the platform grows, we hope to move towards a decentralized governance model.

This will empower our community to have a shape our platform’s future, enabling them to vote on new features, policies, and other aspects of AptosCrowd’s evolution.