Decentralized finance (DeFi) platform SideKick Finance has launched JumpStart, a decentralized non-fungible token (NFT) crowdfunding platform.
JumpStart is deployed across multiple Ethereum Virtual Machine networks and aims to provide a scalable and interoperable crowdfunding platform for use cases including gaming, music, art and charity.
The platform uses NFTs and smart contracts to allow creators to crowdfund projects securely, transparently and decentralized, while also offering contributors the ability to verify and trace each step of the process.
Contributors can also receive rare NFTs as rewards and be part of the creator’s community, while creators can collect royalties.
JumpStart is intended to provide a safer and more transparent alternative to traditional crowdfunding platforms.