Monthly recurring crowdfunding
With do nxt we wanted to try something new in the crowdfunding space. The goal was to enable artists to crowdfund a steady monthly income through their networks. To make this possible we used the payment solution from Mangopay on top of a social networking web application we created in Ruby on Rails. The application was used to provide paying supporters with different levels of access to the artist's content stream.
With Mangopay we implemented the automated monthly billing, capturing and transfer as well as splitting of pledges. As the amounts were mostly larger amounts, bankwire transfers were preferred and also automated through Mangopay.