The future embodiment of this solution will be a decentralized application (dApp) called Pledgecamp. Pledgecamp will be the first platform to offer Backer Insurance—a security mechanism that holds campaign funds in a smart contract governed by backer vote. This financial incentive holds creators accountable to their promised timelines and provides a basic security mechanism for backers.
"Pledgecamp has launched a first-of-its-kind backer insurance solution, that reduces risks for investors when they contribute and gives backers the option to tack back their funds if they suspect any wrongdoing."
@zycrypto posted an exciting overview – https://t.co/lDD9pzRMBQ
"One of Pledgecamp's features is known as Backer Insurance. Instead of funds being released in full as soon as a target is met, project creators must propose clear development milestones before contributions are made."
Check out @Cointelegraph article – https://t.co/PtPrMAQbiw
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