XRP News Today: OpenFundNet: New Crypto Project Aims to Revolutionize Crowdfunding with Trust-Based Model

Coin WorldWednesday, May 14, 2025 11:18 am ET
2min read

In the dynamic world of cryptocurrency, certain coins often emerge as quiet giants, delivering significant returns before gaining widespread attention. XRP, for instance, was initially dismissed by many but eventually became a top 10 coin due to its real-world utility. Similarly, Kaspa recently surprised the market by combining proof-of-work speed with community excitement, earning a loyal following and substantial returns.

Now, a new project is gaining traction among crypto insiders: OpenFundNet. Unlike traditional payment coins or layer-1 chains, OpenFundNet is focusing on a unique niche—trustworthy, community-powered crowdfunding on the blockchain. This project offers a quietly strong value proposition that could make it the next big thing in the crypto space.

The crowdfunding landscape is fraught with issues. Traditional platforms like Kickstarter and Indiegogo often charge high fees, limit access, and offer little accountability after a project is funded. Moreover, scammers and bad actors can easily exploit these platforms, walking away with the money. OpenFundNet aims to address these problems by leveraging the transparency and community trust inherent in Web3 technology. The platform introduces decentralized validation, real incentives for good actors, and a token-based governance model to ensure a more trustworthy crowdfunding experience.

OpenFundNet is a decentralized platform that brings together backers, creators, validators, and nominators in a trust-based funding system. Backers fund projects they believe in, while validators review and score projects before they are listed, earning credibility and rewards. Nominators stake their tokens behind validators, boosting trust and earning alongside them. The entire system is powered by OpenFundNet’s native token, which is used for staking, voting, and earning daily rewards. This validator scoring model is a first in the crowdfunding space, acting as a community-led due diligence layer that rewards honesty and quality.

One of OpenFundNet’s standout features is the absence of platform fees. Instead of skimming off the top of every project, OpenFundNet redistributes value back to users. Backers receive rewards in tokens, validators earn for accurate reviews, and nominator-stakers get daily payouts for supporting quality validation. This value-positive system ensures that more money goes directly to creators and their projects, while the ecosystem self-rewards good behavior. This alignment of incentives is a rare and valuable aspect of OpenFundNet, setting it apart from other projects like XRP and Kaspa.

OpenFundNet’s emissions system releases tokens daily to users who actively engage with the platform. Backing a project, validating a project accurately, or staking behind a high-performing validator all result in token rewards. This usage-driven emissions system builds platform value as more users engage, ensuring sustainable tokenomics. Unlike passive yield farming or liquidity mining, OpenFundNet’s approach is designed to incentivize actual usage and participation.

Currently, OpenFundNet is in its presale phase, offering lower token prices than the public launch, bonus allocations for early backers, and first access to validation roles and staking multipliers. This early opportunity allows investors to get ahead of the curve before the token hits exchanges, similar to the early waves of XRP or Kaspa. Joining the presale is straightforward: visit OpenFundNet’s official site, connect your wallet (ETH or stablecoins accepted), choose your allocation tier, and lock in your tokens to get ready for emissions and platform access. There are no whitelist hurdles or complicated KYC processes, ensuring direct and fair entry for early believers.

OpenFundNet’s silent strength lies in its real use case, community-driven model, and token utility that rewards platform participants. If you’re looking for the next undervalued project with solid fundamentals, this is your chance to get in early. Don’t wait until the crowd catches on—by then, the quiet giant will already be making noise.