How It Works

1) Post a design brief

We'll provide helpful questions to clarify your needs for designers, to ensure that you get the ideal design for your business.

2) Set a price

At Crypdesigns, your Bitcoin gets stored in an escrow wallet, and when you choose a design after the contest ends, the funds will automatically transfer to the winner.

3) Offer helpful feedback

To help guide your designers, be sure to provide feedback on their first submissions, so they can make the necessary changes to best suit your needs.

4) After one week, choose a design!

If you like a design, the artist will automatically get paid, and you'll get all the rights to the design.

Why Bitcoin?


FAST

Transactions happen instantaneously, and then take around 10 minutes to be confirmed by the blockchain. This is far faster than other forms of payment, like a wire transfer or an automated clearing house transfer.

99designs, for example, allows designers to withdraw their funds using services like Payoneer and PayPal. These sites have a 24-48 hour turnaround at best, and payments are processed on business days only.

CHEAP

Bitcoin transaction fees are far cheaper than those of traditional forms of payment.

For the average user, a credit card fee will end up costing 3.15% + $0.22 per transaction.

As a comparison, it currently costs roughly $0.04 to broadcast a transaction on the Bitcoin network.

DEFLATIONARY

The total number of bitcoins are capped at 21 million. Unlike fiat currencies like the U.S. dollar, the value of a bitcoin isn't subject to the inflationary whims of a central bank.

Global

Bitcoin users do not need bank accounts, allowing members of the network to transact with the ~2 billion adults who lack basic financial services. As smartphone ownership in developing nations explodes, bitcoin is a cheaper alternative to traditional transfer companies like Western Union.

Testimonials


Questions?

Just email us at support@crypdesigns.com
and we'll be happy to help!