hexbox
  • Intro
  • Waitlist
  • FAQ
    • General Questions
      • What is hexbox?
      • Which chains do you support?
      • Can I invest by bank?
      • What languages are supported?
      • What are Premium Features on hexbox.money?
      • How antifraudulent system works?
      • What are Funding Types?
      • What's Products and Services?
      • How to connect wallet?
    • Executor Questions
      • How do I start a project?
      • Do I have to sell Tokens?
      • How my business access to funds?
      • Who can use hexbox?
      • What are the milestones for project creators?
      • Can a business raise funds on hexbox.money?
      • How Can I Tokenize My Business on Hexbox?
      • Executor's Checklist
    • Investor/Buyer Questions
      • What do I get to my wallet in exchange of my purchase?
      • How can I buy Products and Services?
      • What are the milestones for buyers/investors?
      • Can I invest with credit card?
      • Can I donate/purchase anonymous?
      • What happens if I lose access to my wallet?
      • Can I withdraw my money? or, Can I get a refund for my ticket NFT?
        • What are the refund funding types?
        • Can I refund anytime?
        • What happens if a campaign fails to reach its funding goal?
        • Are there any fees for withdrawing my funds?
        • How do I request a refund?
        • How long does it take to get my funds back if a campaign fails?
        • Can I partially withdraw my contribution?
        • What happens if the campaign goal is exceeded?
        • Can I get refund after finalization of campaign?
        • Who do I contact if my funds are not returned after a failed campaign?
    • Get Sh*t Done
      • General Information
        • What is Get Sh*t Done?
        • What is the purpose of this "Get Sh*t Done" collection?
        • How can I use my NFT from this collection?
        • How many pieces are in the collection?
      • Art Details
        • What themes do the artworks represent?
        • What's the back story of visuals and motto?
        • Who created the Get Sh*t Done artworks?
        • Are the NFTs truly unique?
      • Purchasing and Ownership
        • How can I buy an Art Piece from this collection?
        • What is the cost of each NFT?
        • What are the benefits of owning a piece hexbox art collection?
        • Can I resell my NFT?
      • Technical Details
        • Which blockchain is the collection built on?
        • What wallet do I need to purchase the NFTs?
        • How do I access the premium features on hexbox.money with my hexbox NFT art piece?
      • Timeline and Availability
        • Where Can I by Get Sh*t Done Tokens?
        • When does the collection go off sale?
        • What happens if the collection sells out?
        • When Analytics Pages will be open?
      • Support And Community
        • How does this collection support the Hexbox team?
        • How can I stay updated about the collection?
        • What if I have issues purchasing or using my NFT?
  • Press Kit
    • Brand Press Kit
  • Resources
    • Links
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  1. FAQ
  2. General Questions

What are Funding Types?

There are three funding types in hexbox.

  1. All or Nothing Funding

  2. Limitless Funding

  3. Flexible Funding

We suggest you to find your own choice in terms of funding type. Here are common application areas;

Funding Type
Best For
Examples
Constrains

All or Nothing

High-risk projects, trust-building

Product launches, large-scale software

Must meet 100% funding to proceed.

Limitless Funding

Continuous growth, no cap

Open-source, blockchain DAOs, influencers

No specific funding goal required.

Flexible Funding

Scalable, partial funding projects

MVPs, pilots, creative works in stages

May proceed even without full funding.

Funding Types are working based on only two KPI's; Deadline and Funding Amount.

Funding Models and Actions Explained

1. All or Nothing Funding

  • This funding model requires the project to meet 100% of its funding goal before the deadline. If the goal is not met, the funds are returned to the investors.

  • How All or Nothing Method works?

    • If 100% funded before the deadline: The funds are transferred to the project's business wallet.

    • If not 100% funded by the deadline: All money is returned to the investors.

    • If neither condition is met (waiting for the deadline): No action is taken until the deadline passes.

2. Limitless Funding

  • There is no funding cap or deadline for this model. Projects can raise money continuously until the project is deactivated when is also the time when funds are transferred to business.

  • How Limitless funding works?

    • Whenever funds are contributed: They are immediately transferred to the project's business escrow wallet.

    • Funds are transferred to business wallet when campaign page is deactivated.

3. Flexible Funding

  • Projects can receive funds even if they don’t meet their funding goal by the deadline. Contributions can be used whether the target is achieved or not.

  • How flexible funding works?

    • If 100% funded before the deadline: Funds are transferred to the project's business wallet.

    • If less than 100% funded and the deadline hasn’t passed: No action is taken unless overvaluation is triggered (additional rules or thresholds may apply).

    • If less than 100% funded but the deadline is reached: Funds are transferred to the project's business wallet.

    • If no funding and no deadline met: The system waits until the deadline is reached to determine the next step.

Funding Type
Is 100% funded?
Is Deadline meet?
Action

All or Nothing Funding

1

0

Wait / Trigger Over valueation

1

1

Transfer money to Business's Wallet

0

1

Return Money to investors

0

0

Wait to deadline

Limitless Funding

No cap

No deadline

Transfer money to Business's Wallet

Flexible Funding

1

1

Transfer money to Business's Wallet

1

0

Wait / Trigger Over valueation

1

0

Transfer money to Business's Wallet

0

0

Wait to deadline

For further support please apply via cretor's support channel from discord

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Last updated 5 months ago

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