Hey Stellar peeps,
Me and my partner have been trying to figure out a way to create a blockchain business model that can help in times of crisis, inspired by a start-up idea contest here, in Romania.
I remember reading about Stellar and its protocol that is designed specially for fintech and we came up with an idea of a crowdfunding platform based on it.
I am pretty agnostic when it comes to this, so please bare with me and tell me if this is feasible and if not, why not.
Seeing that Stellar can help facilitate inter-currency conversion and transaction with immediate transfer and withdrawal by the recipient, we thought that we could use it to create a community based crowdfunding platform.
The idea is simple - the user converts his currency into tokens and donates for a cause. The recipient can take the coins at the other end, withdraw at any time and use the money, without waiting for the campaign to end or for 2 weeks before being able to take out money.
As I said, I am pretty agnostic and I don't know if Stellar's protocol and the resources that the foundation puts at the disposal can be used to develop this solely on its architecture & tools.
Can any developers here confirm/infirm and provide feedback on this idea of ours?
We are considering partnering up with a developer who wants to work on this, especially if our idea is selected and we get the funding.
Many thanks,
Tudor.