Key Takeaways
- Geyser's new Launchpad requires 21 followers before campaigns can raise Bitcoin.
- The platform hosted 1,050 projects in 2024, raising $708,000 via 22,000 transactions.
- Projects can bypass Launchpad wait time by paying a $21 BTC fee.
Geyser, the Bitcoin-native crowdfunding platform, has unveiled a new Launchpad system that requires early-stage projects to meet community engagement thresholds before fundraising.
Community engagement requirements
Announced April 25, the Launchpad shifts the entry criteria for creators from immediate capital-raising to attention gathering.
Projects must first appear as draft listings in a public stream for 30 days and collect at least 21 followers to convert into a live fundraising campaign.
Once the threshold is hit, followers are notified and the campaign unlocks.
Fee structure & incentives
To skip the 30-day period or relaunch after a failed attempt, creators can pay a $21 BTC fee.
Geyser charges a 5% fee on all campaigns, which drops to zero for those running their own Lightning node.
Platform performance metrics
According to internal data, Geyser processed 22,000 transactions in 2024, raising approximately $708,000 across 1,050 projects.
Over two years, the platform moved around 30 BTC from more than 50,000 contributors.
Comparison with traditional platforms
The Launchpad model resembles Kickstarter’s “Notify me on launch” but makes the feature mandatory.
Geyser views this structure as a way to filter low-engagement campaigns by emphasizing community traction first.
Notable achievements & growth
Top projects like Bitcoinize POS Machine have raised up to 3.5 BTC (~$230,000 in 2024 prices).
The average transaction size reached 32,000 sats (~$21), showing moderate growth.
Future developments
Geyser operates on a non-custodial Lightning infrastructure and positions itself as an alternative to fiat platforms like GoFundMe.
The company plans to release initial Launchpad metrics in May and is working on Nostr messaging integration for later in 2025.
