General FAQ

What is Angor?

Angor is a fully decentralized crowdfunding protocol using Bitcoin and Nostr protocols to ensure security and transparency.

How does Angor work?

Angor employs Bitcoin scripting for milestone-based funding using timelocks and multisig setups. Each milestone is represented as a UTXO, allowing secure and time-restricted fund releases.

What role does Nostr play in Angor?

Nostr is used for project metadata storage and enabling direct communication between founders and investors.

What assets can I use on Angor?

Angor exclusively supports Bitcoin for all transactions.

Is Angor permissionless?

Yes. Angor is fully permissionless and censorship-resistant, allowing anyone to use the platform without restrictions.

How are funds secured on Angor?

Angor uses Bitcoin smart contracts (time-locks and 2-of-2 multisig) to ensure the security of funds at every stage.

How do I recover unspent funds?

Unspent funds can be recovered through the Angor wallet by initiating a secure recovery transaction.

What happens if a project isn’t fully funded?

Funds can be returned to investors through the multisig setup, or a penalty process can be initiated.

How can I track project updates?

Project updates are shared via Nostr relays and can be accessed on Angor Hub.

Does Angor charge fees?

Angor charges no platform fees. Only miner fees are applicable for transactions.