Crypto Crowdfunding: Financing the Future
Crowdfunding is a process that raises funds from a large number of people through various platforms.
What is crowdfunding?
Crowdfunding is a process through which money can be raised to fund both projects and businesses. Crowdfunding gives fundraisers the opportunity to raise money among a large number of people through various platforms, usually online.
That is, crowdfunding is a technologically equipped financial service that covers a wide range of ways in which money can be raised. In doing so, a large number of capital providers use various online crowdfunding platforms that act as intermediaries, and instead of raising funding from traditional sources such as banks, mutual funds or business angels, funds are raised through “crowd”.
However, in many cases, the funds raised are mostly given as a donation. Keep in mind that there is investment crowdfunding as well as non-investment crowdfunding. This distinction shows the difference between when sponsors act as investors seeking economic profit and when sponsors support a charitable project or receive a reward in non-monetary form.