Bitcoin native crowdfunding platform Geyser has introduced Bitcoin Launchpad, a new mechanism designed to gate campaign access through community engagement thresholds rather than immediate fundraising.
The update was announced via X on April 25th and targeted early stage Bitcoin projects seeking visibility before launch.
Community’s attention as a new gate to capital
The LaunchPad mechanism fixes how creators access Geiser’s core crowdfunding tools.
The project starts as a draft list placed in a public rashpad stream for 30 days. During this period, they will not receive funds and will need to secure at least 21 followers to unlock the full campaign feature.
If the threshold is met, Geyser emails a notification to followers and converts the list to a standard funding page.
This gating system reframes the initial hurdles of Bitcoin native crowdfunding, from raising capital to quantifying attention.
According to Geyser’s model, creators can either prepay a $21 BTC fee or bypass the waiting period after a 30-day failure. Geyser applies a standard 5% platform fee. This will be zero for users who self-hosted Lightning nodes.
For each internal figure, Geiser hosted over 1,050 projects in 2024, processing 22,000 transactions and promoting approximately $708,000 in funding. Furthermore,The E-Platform moved around 30 BTC to over 50,000 contributors in the first two years.
Filtering signal from noise from Bitcoin crowdfunding
LaunchPad Design is structurally borrowed from Kickstarter’s “Notify Me on Launn” feature, but is embedded as a prerequisite rather than an optional prompt.
The requirement to protect followers is to add a social validation layer before deploying capital. This positions the mechanism Geiser as a tool for filtering low-signature campaigns. In practice, this model may support creators who can bring together micro-communities before raising funds, especially in contexts where attention is paid more than capital.
Compared to traditional platforms such as Kickstarter and GoFundMe, Geyser runs on non-mandatory Bitcoin lightning infrastructure. The Geyser reward-based campaign is reportedly 3.3 times better than the donation-only campaign.
To date, the top-performing project, POS machines, have been converted to Bitcoin and raised 3.5 BTC, worth around $230,000 at 2024 BTC prices. Last year, the average transaction size across the platform increased to SAT of 32,000, equivalent to around $21, reflecting the slightest growth of the previous year.
Landscape and meaning
Geyser distinguishes himself within the broader crowdfunding landscape through non-obligatory design and Bitcoin native tools. In contrast, fiat native platforms like Kickstarter and GofundMe operate with management models and multi-tier fees.
Rather than changing payment infrastructure, Geyser’s launchpad aims to reconfigure campaign eligibility for measurable social traction.
In Bitcoin’s fragmented attention economy, introducing social thresholds prior to monetization emphasizes filtering of audience demand rather than raw capital access.
Company sources suggest that the success metrics for the first cohort of LaunchPad will be published in May, when the first 30-day cycle ends. Long-term updates may include integration with NoSTR Direct Messaging for campaign communications and backer interactions expected in the second half of 2025.
Founded in Sheridan, Wyoming in 2022, Geiser remains a remote company with a team of eight spanning the US, Greece and Portugal. Early stage venture support came from Lightning Ventures and MX2 Capital, but the exact amount of increase has not been revealed.
The revenue comes from platform fees, creator boost options, Guardian membership subscriptions, and current LaunchPad First Track payments.
As Geyser is about to reach financial self-sufficiency by 2026, LaunchPad will add a structured entry point for creators and a new revenue line for the company.
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