Bitcoin crowdfunding sites find funding difficult
Could bitcoin be a suitable vehicle for crowdfunding? Over the past couple of years, crowdsourced funding projects have bloomed, but most of them still require contributions in fiat currencies. Now, however, some sites are emerging designed to help people attract bitcoin-based funding from a broad community of donors. Crowdfunding platforms such as Kickstarter and IndieGogo have become a popular means of funding for a range of projects, from manufacturing through to content production. According to market analyst Massolution, crowdfunding platforms raised $2.7 billion in 2012, 81% up on....
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The UK-based blockchain company wants to develop a unique blockchain development platform. In doing so, they expect to accelerate the development of new blockchain apps by enterprises and organizations. Securing funding as a blockchain startup is not an easy task these days. Unless one can find one or a handful of major investors, it will be difficult to scrape funds together. Stratis, a relatively new company, held a Bitcoin crowdfunding campaign to reach funding. So far, they secured US$100k, helping them on their way. Most people will not have heard of the name Stratis before. This....
A Polish company, InPay S. A., is the first in the world whose shares are available for purchase in public offering using the digital currency Bitcoin. The sale has just launched on the equity crowdfunding site Beesfund.com. Equity crowdfunding is simply raising capital thanks to the online community. Unlike the reward-based crowdfunding, made popular by sites such as Kickstarter, Indiegogo or RocketHub, in equity crowdfunding people who are involved in financing the company receive personal shares. Examples of sites which enable this type of capital acquisition include the American....
Financial technology, or fintech, is transforming the way we think about financial services. Advancements in the fintech industry allow companies to better serve their customers and make it easier for businesses to accept payment, manage their finances, and find funding. In order to better understand how financial technology can help you meet your business goals, it is important to learn more about the ways that fintech advancements can impact businesses. Crowdfunding. One advancement in financial technology that has opened up new opportunities for businesses to raise capital is....
Crowdfunding is a way of decentralizing project funding by people who have creative ideas or have come up with a new product. Developing a prototype of this idea is time-consuming and usually paid out of the creator’s own pocket. Taking the idea or product mainstream requires additional funding, and rather than sticking to one or a handful of investors,....
BitcoinJ developer and former Google engineer Mike Hearn is working on a new decentralized crowdfunding platform that will support bitcoin transactions and could lead to a reshaping of the peer-to-peer finance landscape. The crowdfunding platform, called 'Lighthouse', was announced during a talk led by Hearn at the Bitcoin2014 conference in Amsterdam. Hearn later elaborated on the announcement in a 17th May blog post. Like other crowdfunding platforms, Lighthouse will serve as a means for users to create projects and pledge funds to others. Hearn wrote, however, that its primary aim will....