Mint test tokens
You can mint test tokens to create and fund projects
Balance:
Atoll is a Kickstarter for pop-up cities and network states, enabling communities to collectively fund projects, events, and initiatives.
How it works
- Project Creation - individuals or groups can propose projects by including details such as title, description, funding target and deadline, and an optional minimum contribution amount.
- Community Funding - community members contribute funding to the projects they support by transferring the funds to a smart contract that enforce the agreed-upon terms.
- Outcome determination
- Funding goals met - funds are released to the project initiator.
- Funding goals not met - contributors can retrieve their funds and a percentage of the project owners funding as a bonus.
This mechanic is called a dominant assurance contract and designed to create a win-win situation. Either the projects get funded or the contributors receive a bonus for their participation. It also encourages the owners to market the project and find contributors.