What is Fundrs?

Fundrs is a platform built on the principles of participatory capitalism which shifts the functions of validation, rating, and governance of a centralized funding entity (like a VC firm) to the collective input participants of the ecosystem. The Fundrs Protocol aims to provide a decentralized infrastructure allowing blockchain-based projects and traditional startups, called “Seekers”, to receive funding from the platform’s users, with other types of financing coming further down the line including convertible loans, peer-to-peer lending and so on. The Fundrs platform will be developed in the spirit of decentralization, by gradually shifting the governance powers to the Decentralized Autonomous Organization (DAO) controlled by a collective of the most reputable users voted in by the community.

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