Education

How does CoFunders work?

CoFunders is reward crowdfunding. You back a project with digital dollars. Your pledge waits in escrow until the goal is reached, then goes to the creator, who may send you a reward. If the goal is missed, you take your pledge back, minus the fees you paid when you backed.

Key facts

  • Your balance is held in digital dollars, a token designed to stay at one dollar. It isn't a bank deposit.
  • Your account is protected by keys held on your device, and you can export your account key.
  • Backing costs a platform fee of 1.5% plus a flat fee of $0.99 per pledge.
  • Money sitting in your account has a weekly holding cost. Money pledged to campaigns doesn't.
  • Staking is separate from backing a campaign and isn't a CoFunders product.

For short answers, see the questions people ask most. To keep your account safe, read how to spot a crowdfunding scam. To put CoFunders on your home screen, follow the install guide. When you're ready, find a campaign to back.

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Digital dollars

Your balance is held in digital dollars (USDC), a token its issuer designs to stay at one dollar.

How it works

Also on our site: The crowdfunding course

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