Projects only launch when they’re fully funded.
🔒 No partial funding
🌍 Global
🔐 Non-custodial
⚡️ Seamless UX
Bigger ideas can finally launch without compromise.
You can now launch an All-or-Nothing campaign.
What are you going to fund?
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naddr1qv…jdw4All-or-Nothing crowdfunding on Bitcoin is now live on Geyser.
Anyone can create an All-or-Nothing campaign where funds are only released if the campaign reaches its stated goal. If the goal is not reached, contributors can claim their refunds.
This is a new funding primitive designed to support ideas that require full funding to move forward.
This unlocks funding for a wide range of creative and technical projects, including 📚 books, 🕹️ games and board games, 🎬 films, 📱hardware products, ⛏️ mining and Bitaxe-related projects, and other Bitcoin-native initiatives.
The problem we saw at Geyser
Peer-to-peer Bitcoin crowdfunding has proven to be an effective model. Over the years, Geyser has supported a wide range of projects through direct donations.
However, a recurring limitation became clear in practice.
Some projects raised partial funding, but not enough to fully deliver. This created a difficult situation for everyone involved. Creators faced pressure to deliver without sufficient resources, while contributors took on risk without clear guarantees.
As a result, creators became hesitant to propose more ambitious ideas, and contributors became more cautious about supporting early-stage or complex projects.
For many use cases, partial funding is simply not enough. In those cases, direct donation models begin to break down.
Why All-or-Nothing works
All-or-Nothing crowdfunding directly addresses this incentive problem.
Creators are able to ask for the amount they actually need to execute their project. Contributors commit funds knowing that those funds will only be used if the project can realistically proceed.
This model has been widely validated in traditional crowdfunding. Platforms like Kickstarter rely on All-or-Nothing to align expectations and reduce downside risk, processing close to $1B in funding volume per year.
Until now, this mechanism did not exist in a Bitcoin-native, non-custodial form.
Why Bitcoin makes it better
All-or-Nothing crowdfunding on Bitcoin inherits the properties that make Bitcoin a global settlement system.
🌎 Global by default
🔻 Low fee (5 percent)
🤝 Non-custodial
📖 Open source
Rather than relying on intermediaries or manual enforcement, campaign rules are enforced programmatically.
What this enables
All-or-Nothing crowdfunding is particularly well suited for projects where full funding is a prerequisite for success. This includes:
Early-stage prototypes
Projects with high upfront costs
Builders with little reputation but strong ideas
Campaigns that rely on momentum, hype, and community coordination
This unlocks funding for a wide range of creative and technical efforts, including 📚 books, 🕹️ games and board games, 🎬 films, 📱hardware products, ⛏️ mining and Bitaxe-related projects, and other Bitcoin-native initiatives.
We believe this funding primitive can help unlock creative potential that has remained out of reach until now.
How it works
From the user perspective, the process is super simple.
Contributors fund campaigns using Lightning or on-chain Bitcoin. Funds are locked for the duration of the campaign and cannot be accessed by the creator while the funding goal is still being reached.
Meanwhile, contributors can get refunded at any time of the campaign up until the point in which the project reaches the goal
If the campaign reaches its goal before the deadline, the creator explicitly claims the funds.
If the goal is not reached, contributors can claim their refunds.
The underlying infrastructure
This behavior is enforced by @rootstock_io smart contracts, which define the rules of each campaign and ensure they are followed.
@Boltzhq bridging enables seamless interaction between Bitcoin payments and the smart contract layer, allowing contributors to participate using familiar Bitcoin tools without needing to interact directly with Rootstock.
This seamless experience was made possible by:
@rootstock_io, the smart contract layer that is paired to Bitcoin, and
@Boltzhq bridging that connects Bitcoin payments to the contract layer
First campaign: WeSatoshi
The first All-or-Nothing campaign launched using this model is We Satoshi.
We Satoshi is a cool-looking Bitcoin hardware terminal designed to enable self-custodial Bitcoin payments.
It is representative of the types of projects that benefit most from All-or-Nothing crowdfunding. Users retain full control of their funds up to the moment of payment.
This project exemplifies the type of use case All-or-Nothing crowdfunding is designed to support.
Back it here: ➡️
https://geyser.fund/project/thefirstbitcointerminalhardware/
Launching your own campaign
If you are building something ambitious for Bitcoin, now is the time.
Geyser is also opening an Early Launches program, offering launch-day exclusivity, structured feedback, and direct support from the team, including calls.
All-or-Nothing's constraint is what makes this so powerful as it allows you to really explore those ambitious ideas and not ask for permission but launch them.
Register now for being an Early Launcher ➡️
Launch big,
- Geyser Team
