Key Takeaways
- Geyser’s new Launchpad requires 21 followers earlier than campaigns can elevate Bitcoin.
- The platform hosted 1,050 initiatives in 2024, elevating $708,000 through 22,000 transactions.
- Initiatives can bypass Launchpad wait time by paying a $21 BTC price.
Geyser, the Bitcoin-native crowdfunding platform, has unveiled a brand new Launchpad system that requires early-stage initiatives to satisfy neighborhood engagement thresholds earlier than fundraising.
Introduced April 25, the Launchpad shifts the entry standards for creators from quick capital-raising to consideration gathering.
Initiatives should first seem as draft listings in a public stream for 30 days and acquire not less than 21 followers to transform right into a dwell fundraising marketing campaign.
As soon as the edge is hit, followers are notified and the marketing campaign unlocks.
Payment construction & incentives
To skip the 30-day interval or relaunch after a failed try, creators pays a $21 BTC price.
Geyser costs a 5% price on all campaigns, which drops to zero for these working their very own Lightning node.
Platform efficiency metrics
In response to inner knowledge, Geyser processed 22,000 transactions in 2024, elevating roughly $708,000 throughout 1,050 initiatives.
Over two years, the platform moved round 30 BTC from greater than 50,000 contributors.
Comparability with conventional platforms
The Launchpad mannequin resembles Kickstarter’s “Notify me on launch” however makes the function obligatory.
Geyser views this construction as a option to filter low-engagement campaigns by emphasizing neighborhood traction first.
Notable achievements & development
Prime initiatives like Bitcoinize POS Machine have raised as much as 3.5 BTC (~$230,000 in 2024 costs).
The typical transaction dimension reached 32,000 sats (~$21), displaying average development.
Future developments
Geyser operates on a non-custodial Lightning infrastructure and positions itself as a substitute for fiat platforms like GoFundMe.
The corporate plans to launch preliminary Launchpad metrics in Could and is engaged on Nostr messaging integration for later in 2025.