> For the complete documentation index, see [llms.txt](https://guide.geyser.fund/geyser-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://guide.geyser.fund/geyser-docs/product-guides/launch-a-project/create-an-open-fundraiser.md). # Create an Open Fundraiser Open Funding, also known as Take-it-all, is a crowdfunding model where you receive contributions immediately as people send them. There is no funding goal or deadline, and funds are paid directly to your wallet. This model is flexible and fast, but relies more heavily on trust between creators and contributors. Note: you cannot create an All-or-Nothing campaign within the Open Fundraiser and cannot switch it to an All-or-Nothing campaign later. *** #### How does it work? 1. You launch a project without setting a funding goal or end date. 2. Contributors can support your project at any time. 3. Each contribution is sent directly to your wallet as it is made. 4. There is no minimum amount required to receive funds. *** #### How does it work technically? Open Funding uses direct Bitcoin payments rather than locked smart contracts. * Contributions are sent straight from the contributor to the creator’s wallet * Funds are not held or escrowed by Geyser or any smart contract * Payments are settled immediately, either on-chain or via Lightning * Once a contribution is made, it cannot be automatically refunded by the protocol Because funds move directly between wallets, this model is simple, fast, and fully non-custodial, but it depends more on the creator’s reputation and the contributor’s trust. *** #### Recommended for * Charity and humanitarian fundraisers * Emergency or urgent causes * Ongoing community or grassroots initiatives * Creators with an established reputation or strong community trust *** #### Disadvantages * Contributors have less protection if a project is not completed * Projects without prior proof of work may receive fewer contributions * There is no built-in momentum from deadlines or funding targets --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://guide.geyser.fund/geyser-docs/product-guides/launch-a-project/create-an-open-fundraiser.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.