WHIRL (WRL)

WHIRL is a socially driven, pay it forward crowdfunding platform that’s built on the blockchain. You can use WHIRL to get funding for just about anything, as long as it’s legal. Your dream could be a startup сompany, a charitable project, a gift, a holiday or even a new car. All you back someone else’s campaign before you seek backing for your own. WHIRL is ideal for people who don’t have the contacts, skills, or funds to campaign in other ways.

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Interest lvl

NA

Updated: Nov 13, 2018

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Ticker

WRL

Type

Utility-token

Token standard

ERC20

FoundedMalta

Registration year2018

Office addressPresnenskaya nab 12

What is WHIRL

What is WHIRL?

WHIRL is a socially driven, “pay it forward”-style crowdfunding platform that’s built on the blockchain. On WHIRL, you can only submit a fundraising campaign after you’ve donated to others, creating a positive feedback loop of generosity. WHIRL is inspired by historic community giving funds, but uses blockchain technology to enable anyone to participate, regardless of currency or geography. WHIRL is reinventing philanthropy by helping global nonprofits and charitable organizations access a new source of capital.

WHIRL’s mission

WHIRL is improving the lives of people around the world by giving them a new, better way to raise money for their projects, passions, and obligations, without having to ship rewards, ask friends and family for donations, or take out expensive loans. WHIRL is connecting people with one-another in mutual self-support, regardless of what they need money for, where they’re from, or who they are.

What makes WHIRL different?

WHIRL is the only crowdfunding platform that’s built on mutual self-support. Fundraisers raise money without shipping rewards or asking friends and family for charity. Backers earn karma points, which enable them to create their own fundraising campaigns later and determine their campaign’s position in WHIRL’s launch queue.

WHIRL only allows a limited number of campaigns to raise money at once, ensuring that everyone gets to share equally in the limelight. Active campaigns get chosen by a fair and transparent queue. This system solves one of the biggest problems facing crowdfunding today: declining success rate. (In the beginning, WHIRL will only list one project a time, but as the community grows that number will ramp-up proportionally.)

WHIRL is a socially-driven platform that gives special attention and platform benefits to campaigns by confirmed charitable organizations.

Because WHIRL is built on the blockchain, it’s truly global and facilitates payments with cryptocurrency in addition to fiat. There’s much less risk of fake donors, chargebacks, or banking friction. And fees are far lower than traditional crowdfunding platforms.

How WHIRL works

Charitable Giving

Reinventing social giving and philanthropy is one of WHIRL's core values. WHIRL will partner with leading non-profit organizations to give them white glove access to the platform. These organizations will pay no campaign listing fees and have their campaigns featured in a special "charity" slots. WHIRL members who donate to these campaigns will also receive a major Karma boost.

Market opportunity