Blockchain financial ecosystem Infinity Foundation has announced it's releasing the crowdfunding platform on April 7 as the network sets a 655,230th block milestone. Along with this announcement the project also setup several feature release block further: as the height of the blockchain gets to a certain point, the specific feature is activated automatically. The coming features include shuffling, subscription, escrow and smart contracts.
Infinite Economics sees great potential in idea realization through democratic methods, i.e. crowdfunding: all that's necessary is the initiator, the donators and the platform that serves as a bridge to bring the parties together. Nevertheless, the biggest disadvantage of the current approach is fees: payment processing fees, raised amount fee, etc. Having a built-in currency feature, Infinite Economics offers fully automatic decentralized solution for fast and affordable crowdfunding that may include projects in arts, medicine, travelling, charity, social entrepreneurship and many others.
The company as a whole provides a decentralized and transparent system that allow transactions to be processed peer-to-peer over the blockchain. It recently partnered with LiveTree (blockchain based end-to-end production and distribution platform for TV and film) to offer loans to content makers through LiveTree's platform. As of the moment of the publication, the market indicators for Infinite Economics are as follows:
Average price: $0.015670
Volume (24h): $296,990