Hi guys!! I go straight to the point! I am the Ambassador for #Teammalaysia for this new great initiative called FUNDITION. I'll explain in a detail what is FUNDITION and what does this mean to my community. First and foremost, I am thrilled by this new role. This is the right role as I want to give back to my community and make Steemit a better place for people. Before this, I have been going solo, not attached, been sharing about my travel but very limited time spent with my community, but that will change now as I am seeking more positive contribution and get to know #Teammalaysia so that we can prosper and grow from this magnificent platform. As with travel post, of course, that will continue on :P
What is FUNDITION
I'll try to explain in the simplest word. FUNDITION is a Decentralized Crowdfunding initiative sits on Steem blockchain aiming to disrupt how crowdfunding works. Users that have Steem account (or sign-up new account) has the chance to pitch their ideas on the website platform and get funded by backers.
There are a few ways to fund a project but all of it will be convert to Steem for the use of founders.
These are some key understanding of FUNDITION project:
- FUNDITION means FUND and COLLABORATION where we endorse collaboration between backers and founders.
- Founders is the one who initiates the project, Backers is the people who help fund the project and Collaborators is the one who collaborates with the founders. Noted that FUNDITION strongly encourages collaboration of a project.
- The Backers can upvote a project and in the website system, it is appeared as 'heartpower' instead of 'steempower'
- There's also few other methods of funding a project, cryptocurrency and Steem, but eventually, all will be converted to Steem.
- There's an Ambassador within country to foster projects and help with translation.
This is the link to FUNDITION
This is the official Steemit account of FUNDITION
What sort of projects being pitched out for funding?
Below is the kind of projects that are currently asking for funds from backers.
All of these projects can be funded through the website but connected to your Steem account.
What does this mean to #TeamMalaysia ?
This means that i'll be promoting crowdfunding initiatives within my country and support in anyway that I can. I hope my fellow countrymen produce good quality crowdfunding projects. I'll be fostering and brainstorming good project and endorsing them within my family.
Below are some of the FUNDITION post worth reading!
https://steemit.com/fundition/@fundition/news-of-luxury-mansion-fundition
https://steemit.com/trending/fundition
What a great day!
Jen