Decentralized crowdfunding
We're shaking up how Bitcoin crowdfunding works. Angor is a decentralized platform, uniquely merging the security of Bitcoin with the transparency of Nostr. Investors funds are released in stages through time-lock contracts. Unspent funds can be recovered at any point, ensuring that investors maintain control and aligning the interests of investors and founders.
- Investor Empowerment
- Founder Advantage
- Transparent Platform
Angor has no backend and is verifiable source code
It relies on Bitcoin explorers and Nostr relays, which users can run on their own.
- Tech stack:
- Multisig 2-of-2 for revocation
- Taproot for efficiency
- Time-lock contracts (CLTV, CSV) for milestones
- Nostr protocol for comms and web of trust
- Hash locks for group revocation
Angor Hub
Angor Hub is a Nostr client built around the Angor protocol, offering tools to explore crowdfunding projects, connect with investors, and engage directly with founders. Whether you're seeking investment opportunities or funding for your project, Angor Hub provides secure messaging, project pages, and group channels for seamless interaction within a decentralized environment.
Have any questions?
Frequently Asked Questions
What is Angor?
Angor is fully decentralized, with no middleman involved in the investment process. It has no backend and uses the Bitcoin and Nostr protocols to achieve this.
How does Angor work?
Angor leverages Bitcoin’s scripting language to program spending conditions like timelocks, hashlocks, and multisig. Each project milestone is represented as a UTXO, releasing funds over time using timelocks, while a 2-of-2 multisig allows investors to exit if needed.
What role does Nostr play?
Nostr is used for storing project metadata and facilitating communication between founders and investors. Angor Hub allows you to create custom project views, search for projects, and get updates from founders.
How does Angor benefit investors?
Investor funds are time-locked, preventing rug pulls, and offering more control over unspent funds, which reduces financial risk.
What advantages does Angor offer to founders?
Founders benefit from a secure platform for investors, unlocking more capital. Investors are guaranteed that their funds are committed to the project, attracting serious backers.
Is Angor suitable for all types of crowdfunding projects?
Angor’s decentralized and secure nature makes it suitable for a wide range of crowdfunding projects.
What assets can I invest?
Angor only supports Bitcoin for investments.
Do I need permission to use Angor?
Angor is permissionless and censorship-resistant, just like Bitcoin.
How does Angor ensure the security of funds?
Angor uses Bitcoin’s time-lock contracts and a 2-of-2 multisig approach, ensuring the security of funds at each stage.