about

World's first mutually
benefitial crowdfunding

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hard cap 30 million USD

Soft cap 7.5 million USD

Soft cap
7.5 million USD
50% of private sale

white paper

How does it all work? Download our White Paper and the Crypto Economics to get a detailed look at the platform, and technical specifications to find out why Powershare is the future of fundraising.

Key Features

People around fire - third part People around fire - second part People around fire - first part
A.

Costless Fundraising

With Powershare backers don’t have to pay a penny from their pocket to finance ideas and causes they like. By keeping a browser tab open, they donate unused CPU resource to mine for Fire. No hidden fees or fine print - we say what we mean.

B.

Mutually Beneficial Crowdfunding

Backers earn money by donating! As the cause reaches the goal, Fire generated during the process is split equally between the project and the backers - to each and every miner according to their efforts.

C.

Quick and Simple

Anyone, anywhere with internet access and a computer or a smartphone can back ideas or causes! Backers fire up a favorite project with a couple of clicks without complex registration forms, personal banking details or deep understanding of how blockchain technology works.

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A.

Cryptonote Currency

We’re building Fire as a fast, secure, private cryptocurrency which is only mineable through desktops, laptops and smartphones. Speed and flexibility of the Cryptonote protocol, allows us to minimize transaction fees, and make Fire as globally accessible as it gets.

B.

Eliminating Inequality

Fire is for everyone! We’re putting in place democratic hash power limit per backer and mining pools are run by masternodes that ensure equality amongst miners, which guarantees equal chances of financing for every project.

C.

Community Coin

In addition to integrating groundbreaking Cryptonote features and truly egalitarian proof of work protocol, Fire is only generated through Fundmining on the Powershare platform and its value is solely derived from our community - ordinary people, who believe that sharing power can change the world for the better.

RoadMap

2018
Idea

Q1

  • Idea Formation
  • Launch of the Prototype
  • Data Collection and Analyses
Papers

Q2

  • Whitepaper Development
  • Team Expansion
  • Seed capital acquisition (100 k)
  • Rebranding
  • JSC Powershare Foundation Registration
  • IT Virtual Zone Status Acquisition
(Certified by Ministry of Finance of Georgia. This certificate means that JSC PowerShare Foundation is free from VAT and Profit Taxes outside of Georgia as well as export tax. See the certificate)
Handshake

Q3

  • Team Expansion Round 2
  • Start of Community Building
  • Cryptoeconomics Draft 1
  • R&D - Community Building
Alpha launch

Q4

  • Issuance of Tech Paper Draft
  • Issuance Legal Paper
  • Cryptoeconomics Version 2.0
  • MVP Launch (Alpha Platform)
  • R&D - Gamification
2019
Magnifier image

Q1

  • Legal, Tech and Security Audit
  • Creation of Secure Scripts for Browser-Based Mining
  • 10,000 Backers
  • Funding First Campaigns
  • Strategic Partnerships
  • R&D - Game Theory and Blockchain Governance
Decentralized network

Q2

  • Finalization of WP. Coin Economics and Tech Paper
  • Introduction of FIRE
  • Finalize Blockchin Architecture
  • R&D - Game Theory and Cryptography
  • Launch of Beta Platform
Champagne bottle

Q3

  • Mining Pool Configuration
  • Wallet Cofiguration
  • 100,000 Backers
  • R&D Further Blockchain Capabilities
Smartphone featuring fire

Q4

  • Intorduction mining-for-crowdfunding App (BETA)
  • R&D of Micro Processor Utility for Fundmining
2021

ESTABLISH BROWSER-BASED MINING AS BASIC TECHNOLOGY FOR CROWDFUNDING

Earth on fire

Distribution of

funds
Tokens

Meet the Firestarters

  • Photo of Beka Dalakishvili
    Chairman, Co-founder

    Beka Dalakishvili

    Blockchain Visionary
  • Photo of David Svimonishvili
    CEO, Co-founder

    David Svimonishvili

    Blockchain Entrepreneur
  • Photo of Ana Mikatadze
    COO

    Ana Mikatadze

    Pioneer in Blockchain Education in Georgia
  • Photo of Gega Abashidze
    Legal Counsel

    Gega Abashidze

    Consulting local and international blockchain projects
  • Photo of Sophio Chkhenkeli
    Art Director

    Sophio Chkhenkeli

    Artistic mind and vision
  • Photo of Samuel Visscher
    Advisor

    Samuel Visscher

    Blockchain Development
  • Photo of Roy Kime
    Advisor

    Roy Kime

    Investor Relations
  • Photo of Temo Bezhiashvili
    Advisor

    Temo Bezhiashvili

    Strategic Planning
  • Photo of Maxim Iavich
    Cyber Security

    Maxim Iavich

    Computer Science Professor, Ph.D. in Mathematics
  • Photo of David Chichua
    Research Scientist

    David Chichua

    Ph.D. in Mathematics
  • Photo of Giorgi Iremadze
    Head of Business Development

    Giorgi Iremadze

    Blockchain Evangelist
  • Photo of Shota Chinchaladze
    Chief Brand Officer

    Shota Chinchaladze

    Branding Consultant and Strategic Visionary at LIVE
  • Photo of Giorgi Chinchaladze
    Lead Front End Engineer

    Giorgi Chinchaladze

    Webby and Awwwards winning front-end developer
  • Photo of Misha Tsankashvili
    Front End Developer

    Misha Tsankashvili

    Abstract rainbow animations & back end master
  • Photo of Mikheil Zguladze
    Campaign Acquisition

    Mikheil Zguladze

    Student at Free University Tbilisi
  • Photo of Alex Chikovani
    Chief Branding Consultant

    Alex Chikovani

    Founder of LIVE Strategic Branding Agency
  • Photo of Giorgi Avaliani
    Branding and Creative Direction

    Giorgi Avaliani

    Folk Hero, Jury at Cannes Lions International Festival of Creativity
  • Photo of Nick Kumbari
    Design

    Nick Kumbari

    Award Winning Art Director and Visual Explorer, Jury at Awwwards

about us

We are the firestarters illustration - first part We are the firestarters illustration - second part We are the firestarters illustration - third part
A.

Fuel for ideas

Our unequal world desperately needs changes, but the power to change is limited by resources, reserved for the privileged few. We are here to level the playing field. We believe that small, personal, local changes lead to bigger shifts in the society. That’s why we want to make sure every voice has a chance to be heard, every idea has enough fuel to get off the ground.

B.

Fundmining = Crowdfunding meets crypto

To remove any barriers to the spirit of giving, we created a platform where ordinary people can raise money without actually paying money. Powershare is where crowdfunding meets mining for cryptocurrencies - simply by keeping a browser tab open, anyone can convert unused CPU power into Fire, our cryptocurrency to fund important ideas and causes.

C.

Democratic Fundraising

While the algorithm runs to power up the chosen cause, the generated Fire is split between the project and the backers. Every supporter gets a fair share of the profit, according to the power they donated. For the first time in history, you get paid for giving!

fire