Abstract
Blockchain, the technology behind Bitcoin, is a permissionless distributed database which allows distributed storage and computation over a large network of nodes. This technology has been applied recently to many other fields besides e-currencies (Bitcoin 2.0 projects). In this paper we present Betfunding: a blockchain-based decentralized crowdfunding platform. On the contrary of regular crowdfunding platforms, our system does not require a central and reliable organization. In Betfutding users bet whether the project will or will not be implemented in a given time frame, increasing the bounty and incentive for potential developers to carry it out.
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Jacynycz, V., Calvo, A., Hassan, S., Sánchez-Ruiz, A.A. (2016). Betfunding: A Distributed Bounty-Based Crowdfunding Platform over Ethereum. In: Omatu, S., et al. Distributed Computing and Artificial Intelligence, 13th International Conference. Advances in Intelligent Systems and Computing, vol 474. Springer, Cham. https://doi.org/10.1007/978-3-319-40162-1_44
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DOI: https://doi.org/10.1007/978-3-319-40162-1_44
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