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1 sat \ 1 reply \ @faithandcredit 27 Oct 2022 \ parent \ on: 🌊 Hey Stackers, we're Geyser! Welcome to our AMA bitcoin
Geyser does not hold any of your funds
Sorry i am late and may not get a response for that reason but here is my qurstion. How does this work in terms of refunds, for example if a given project doesent raise enough money in time and gets canceled. Will anyone get their money back?
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10 sats \ 0 replies \ @geyserfund OP 27 Oct 2022
Currently all funds given go straight to the creator - 'keep it all' model.
With this model it is a bit harder to get funding due to the problem of trust. The way we plan to tackle it is by allowing creators to do long-running projects, write entries/articles that can allow them to grow their trust through time.
That said, we'll also be experimenting with the 'all or nothing' model and will be launching something in the coming months related to that.
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