FundRequest initial coin offering (ICO)

Funding and rewarding open source development



FundRequest is more than a platform to fund projects. We provide the best experience to fund an issue and incentivise the open source community. FundRequest breaks down barriers traditionally encountered in open source by providing a support layer between no support and enterprise level support. The ease of use of the FundRequest platform enables users to fund issues without any coding knowledge. It allows developers to search for funded issues that best match their skill set to solve.

4.1
3 3 expert ratings
3.2
5
4.1
4
View rating distribution
Starts in 1 second ago
2019-08-24 - 2019-08-24
Token
FND
Type
ERC20
Price in ICO
5 FND = 1 USD
Platform
Accepting
ETH,
Hard cap
20,000,000 USD
Raised
700830
preICO start
Jul 1, 2017
preICO end
Aug 11, 2017
More on ICO
Report

About FundRequest ICO

Open source software refers to a computer application where the source code is available to the general public for use and/or modification. Programmers contribute their coding skills to a broader community when there is a personal gain to use the open source application or to receive peer recognition. The benefits of this so-called crowdsourcing offers small and medium sized companies value by i) reducing the internal cost of development ii) by increasing the speed to market. Yet, a lack of incentives causes the majority of open source projects' inability to garner sufficient community adoption for a longer period of time.
FundRequest is an integrated platform to fund open source projects, thus financially incentivising the open source community. The platform allows developers to fix bugs or to program additional features for an existing application.
FundRequest will be developed on the Ethereum Blockchain.
The centralised structures of traditional businesses are challenged, as blockchain gains traction as a solution for secure and transparent transactions without the need for a mediator. FundRequest aims to leverage upon a decentralised ecosystem as it reduces both operational and regulatory burdens and protects against organisational corruption such as fraud and embezzlement. FundRequest creates smart contracts to incentivise developers to solve a problem in the open source community. With a smart contract the code is law and thus there is no ambiguity ruling whether the conditions for funding have been met. FundRequest offers a layer on top of open source platforms such as Github or StackExchange and uses their functionality to automatically decide if a request is resolved (or not). Smart contracts use that information to automatically and autonomously distribute the collected funds for that request. This significantly reduces the risk of fraudulent reporting that is rampant on existing platforms.
Token distribution


  • 20% of the distributed tokens during the ICO are assigned to the founders. 50% of these tokens are vested over 6 months the other 50% are vested over 1 year.

  • 2% of the distributed tokens during the ICO are assigned to the advisors. 50% of these tokens are vested over 6 months the other 50% are vested over 1 year.

  • 10% of the distributed tokens during token sale will be used to fund a bounty program to discover issues in the FundRequest codebase.

FundRequest reviews

Alexandr Lozovuk
CTO/founder at CoinIndex.agency - world's first index platform for crypto assets
Rated on Oct 7, 2017
5
5
4
3%
Luca Cotta
Icodriver...expert launching ICOs, Influencer, IT expert.
Rated on Feb 4, 2018
5
4
4
30%

Update, i found ALL!
pre and all info...

I pugrade my rate.

PlumBot
ICO Analyzer Bot
Rated on Sep 2, 2018
0
0
0
67%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

FundRequest ICO price

Price in ICO

5 FND = 1 USD

FundRequest (FND) crypto

FundRequest coin

FundRequest token
FND
FundRequest type
ERC20
FundRequest platform

FundRequest (FND) value

Tokens for sale
75000000

FundRequest market cap

FundRequest market capitalization
$ 700830

FundRequest investment info

Accepting
ETH,
Hard cap
20,000,000 USD

FundRequest whitepaper

FundRequest team

Apply as an advisor

Thomas Matthys

Finance Advisor

Advisory board

Nakrin Narula

Investment & Growth

Advisory board

Christopher Heymann

Technology and token economics

Advisory board

FundRequest milestones

1
Build

WePower idea

2
Integrate & Grow

WePower idea

3
Pilot

WePower idea

4
Pivot & Expand

WePower idea

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