Share this article
Bitcoin Crowdfunding Comes to South America
Idea.me, a regional crowdfunding platform in South America has announced that it will accept bitcoin.
Updated Sep 10, 2021, 12:04 p.m. Published Dec 19, 2013, 11:00 a.m.
Idea.me, a regional crowdfunding platform in South America, has embraced bitcoin payments.
Although the platform uses a Montenegrin domain, it's an Argentinean outfit currently available in seven South American countries.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
In fact, Idea.me is the only regional crowdfunding platform in South America, according to TechCrunch.
So far, the company has managed to raise $750,000 and it hopes to raise a further $2.4m in Series A funding next March. To date, the platform has funded over 450 projects using an estimated $2m.
Idea.me recently added bitcoin as an alternative to more traditional payment methods like credit cards and PayPal. Chief Operating Office Pia Giudice claimed Idea.me is currently the only crowdfunding platform in the Americas to include bitcoin support. She said:
“Our business unit is unique in the world: Idea.me is the only platform that executes campaigns with multinational companies to fund specific projects.”
To make it all happen Idea.ma uses BitPay, which allows it to convert bitcoins to dollars automatically. In other words, although the pledger pays in bitcoin, the project receiving the funding gets the contribution in dollars.
This helps protect all parties involved in the process from bitcoin volatility and wild price swings. In essence, bitcoin is used as a money transfer vehicle in this process.
According to the Idea.me blog, the company's decision to embrace the virtual currency was a direct result of bitcoin’s recent surge in popularity.
Idea.me hopes its bitcoin support will allow more backers to join the platform as bitcoin payments are available for all projects listed on the platform.
It is worth pointing out that major crowdfunding platforms like Indiegogo and Kickstarter do not support bitcoin donations at this time.
However, they do support various bitcoin-related projects, such as Nio Card, a bitcoin payment card, open-source ASIC mining rigs and various bitcoin related start-ups.
Crowd Image via Shutterstock
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Strategy shares register first six-month losing streak since adoption of bitcoin strategy in 2020
Crypto analyst Chris Millas has highlighted an unusually persistent slump in Strategy shares, breaking with past drawdown patterns even as the firm continued accumulating bitcoin.
What to know:
- Strategy shares fell in each of the final six months of 2025, marking the first time since the firm adopted bitcoin in August 2020 as a treasury reserve asset.
- The decline stands out for its persistence, as past selloffs were often followed by sharp rebounds.
- The stock sharply underperformed both bitcoin and the Nasdaq 100 despite the firm's continued BTC purchases.
Top Stories
