Mango: Safe Crowdfunding

Deprecation notice

Starting WPSC v.2.0.11 Mango is no longer available for deployment

Crowdfundings are a set of Smart Contract for raising funds in Ethers to incentivize projects.

Smart Contracts gives the possibility to the contributors to approve all request to spend funds. This will empower investors and make them feel more confident with their contributions.

Mango: Safe Crowdfundings

Mango Safe Crowdfundings are simple crowdfunding campaigns that can receive contributions in Ether. The owner can spend the donations only on contributors approval.

A campaign can be defined with the following parameters:

Minimum amount that the smart contract will accept for contributions in Ether.

Percentage of approvers required to release a request to spend funds from the owner.

Approvers will need to vote in favor of the request

Only if the minimum percentage is reached the owner can release the funds

Deploy a Mango Crowdfunding

Use the Smart Contract Wizard

If you are not sure what flavor or network is the best for you, use the WP Smart Contracts wizard

Read more

Screen cast

Deploy a Crowdfunding

To deploy your Crowdfunding to any network do the following:

Login into your WordPress install.

Login into Metamask

Click “Crowdfundings” - “Add new”

Fill in the minimum contribution.

Minimum contributions are set in the native coin of the selected network (Ether, BNB, Matic, etc), you can specify a minimum of less than 1 using points as a decimal separator, i.e: 0.01

Fill in the percentage of approvers required to release funds.

This is a percentage that ranges from 10% to 50% (meaning that at least 10% or 50% of contributors are needed to release funds)

Select the network

Expand All networks

In the bottom left section of the screen you can click on "Expand All" in the network section to see all blockchains available to deploy the selected flavor. Available networks vary from one flavor to another.

Filter networks

In the bottom section you can click on checkboxes to filter your networks results by mainnet, testnets, Ethereum Bitcoin, etc.

Switch to desired network

Click on "Switch" on the desired networks to add this network to your Metamask and switch to it

Approve the operations in Metamask

Deploy with the native token of the selected network

Deployment and gas fees are paid using the native coin of the selected network, meaning that if you chose Ethereum you will pay in Ether, if you chose Polygon you will pay in Matic, etc. You will see the price in the native coin and the estimated equivalent in US Dollars in the top left of the networks section.

Click on the green “Deploy” button.

Read carefully the terms and conditions

Basically you need to know what you are doing and to know that this actions is irreversible.

If you agree and you know what you are doing click on both checkboxes

Click “Yes, please proceed”

Click “Confirm” in Metamask and wait for your transaction to finish.

Then your post will be updated showing the new Smart Contract information.