Donations has presumably been the largest use-case of Juicebox to date, however with a lingering token-based mental model. This is where a lot of confusion has stemmed from. The pay disclaimer often says it’s not an investment, but the tokens immediately communicate otherwise.
Projects such as constitutionDAO have been primarily categorized into a viral donation-based fundraiser, however supporters were promised their payment would provide them with a portion of the constitution, classifying it as an investment. Similar to the way BrickX fractionalizes property investments into smaller pieces and sells them off to the lower end of the retail investor market.
Let’s explore how a pure donation-based funding mechanism works, and it fits into Juicebox.
Gofundme is a crowdfunding platform that supports personal and charitable causes. Built our around serving and supporting a community of organizers and donors. Primarily targeting the following areas:
These methods work because they tap into humans’ innate generosity and desire to help. Refunds do not occur unless it is a scam, which is backed by their Gofundme Guarantee.