Thread by @FlareNetworks

We are happy to announce the launch of a novel crowdfunding launchpad in partnership with the Swiss #blockchain software and infrastructure firm @LenaBlockchain🎉🧵

#Flare #ConnectEverything

bit.ly/3RmB1oM

What is CloudFunding?
CloudFunding is a launchpad that’s designed to bring a new dimension to the concept of crowdfunding, with contributors gaining exclusive access to carefully curated crypto projects & unique benefits, while retaining safe custody of their principal investment

How is it different?

CloudFunding contributions come from the rewards earned by contributors' wrapped $FLR/$SGB capital, ensuring contributors always hold onto their principal investment.

Through this unique model, CloudFunding provides one of the most secure & low-risk crowdfunding mechanisms in the industry.

Users can dedicate anything from 1% to 100% of the rewards their principal generates to fund the projects, all while retaining their original investment

In return for their contributions, users will have access to an IOU of the project’s token, available before the token generation event, which will be listed by a number of #Flare’s decentralized exchange partners.

For projects launching on CloudFunding, the major benefit is they receive a regular cash flow that comes in at the end of each reward epoch, and for the entire duration of their community’s contribution.