Crowdfunding are collective platforms, projects consisting of project authors, investors and philanthropists. The goal of crowdfunding platforms is to raise money to fund a product.
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Crowdfunding is a type of financing system. Directions can be very different, for example, project support, product implementation, holding a conference, issuing an application, etc.
Modern models of crypto-crowdfunding platforms are conventionally divided into three types (according to the type of money collection):
- Crowdinvesting – investing new projects for a fee in the form of "shareholding".
- Crowdfunding donation – financial assistance without "dividends", charity, patronage of arts.
- Crowdfunding on Kickstarter model – financing for non-financial remuneration (advertising, cooperation, etc.)
Cryptocurrency crowdfunding platforms
The main advantage of crowdfunding is the ability to implement the project without the participation of banks, loans, stock-exchanges, official ICO and CTO. The most popular type of crowdfunding process is the online platform. If we talk about the cryptocurrency sector, then such platforms are specialized services for posting ideas, proposals, coin projects, or conference proposals.
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Cryptocurrency crowdfunding platforms work through the active interaction of all participants. Roles are distributed as follows: Author (project managers), Curator (companies providing technical equipment, premises, advertising), Sponsor (whoever invests money).
Services for crypto-crowdfunding are always equipped with built-in payment systems for transfer, and have security systems, if desired, also a system of anonymity of sponsors. Of the main advantages: a constant relationship and active communication between the Authors, Curators and Sponsors.
The most popular crypto-crowdfunding platforms: wings.ai (projects); bnktothefuture.com (crypto-coins); startcoin.org (investing crypto in blockchain startups).
Editor: Yulia Krasnaya