What are "Funding Types" in Hexbox?
There are three funding types in hexbox.
All or Nothing Funding
Limitless Funding
Flexible Funding
We suggest you to find your own choice in terms of funding type. Here are common application areas;
All or Nothing
High-risk projects, trust-building
Product launches, large-scale software
Must meet 100% funding to proceed.
Flexible Funding
Scalable, partial funding projects
MVPs, pilots, creative works in stages
May proceed even without full funding.
Limitless Funding
Continuous growth, no cap
Open-source, blockchain DAOs, influencers
No specific funding goal required.
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 and it's after deadline; The funds are transferred to executors wallet.
If 100% funded before the deadline: No refunds are allowed. We advertise your project until the deadline.
If not 100% funded by the deadline: All money is returned to the investors. Investors needs to collect from the website.
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 transferred to smart contract escrow account. Refunds are still available at this point.
When the campaign is deactivated: Funds are transferred to executors wallet. No refunds are allowed after this point.
3. Flexible Funding
Projects can receive funds even if they don’t meet their funding goal by the deadline. But they still have to wait deadline to receive the funds.
How flexible funding works?
If 100% funded at the deadline: The funds are transferred to executors wallet.
If 100% funded before the deadline: No refunds are allowed. We advertise your project until the deadline.
If less than 100% funded and the deadline hasn’t passed: Wait till the deadline.
If less than 100% funded but the deadline is reached: Funds are transferred to the project's wallet.
All or Nothing Funding
Yes
No
Wait Deadline / Trigger Over Valuation (No Refund)
Yes
Yes
Transfer money to Business's Wallet
No
Yes
Return Money to investors
No
No
Wait Deadline
Flexible Funding
Yes
Yes
Transfer money to Business's Wallet
Yes
No
Wait Deadline / Trigger Over Valuation (No Refund)
No
Yes
Transfer money to Business's Wallet
No
No
Wait Deadline
Limitless Funding
No cap
No deadline
Transfer money to Business's Wallet when project is deactived
For further support please apply via creator's support channel from discord
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