Pethreon: recurring payments on Ethereum

Support your favourite creator (an artist, a musician, a programmer) in a regular fasion.

Compared to centralized alternatives, Pethreon:

• requires no trust: a smart contract can not run away with the money
• respects privacy: neither supporters nor creators have to reveal their personal information
• offers lower fees: apart from Ethereum transaction cost, there are no fees

This is how it works.

A supporter:

• deposits ether into a smart contract
• makes a pledge to support a creator by regular payments
• can cancel the pledge anytime and get the remaining funds back

A creator:

• publishes an Ethereum address and waits for supporters to pledge
• can withdraw the available amount of ether anytime

Created at the Merkle week hackathon together with @robcat and @stferr. Thanks to Patreon for inspiration.