What started with the unexpected closure of an investment platform may have ramifications for U.S. DeFi projects say critics.
Crowdfunding is the practice of gathering financial support for a project by raising small amounts of money from a lot of people. Crowdfunding typically happens through different internet platforms but can be executed via mail-order subscriptions, benefit events and other methods. Crowdfunding is widely adopted for the funding of creative projects, social entrepreneurship, medical expenses for indigents, and startups. Blockchain-related startups often use cryptocurrency crowdfunding via simply asking for some amount of a cryptocurrency or starting an Initial Coin Offering (ICO), which sells new tokens to investors in exchange for legal tender or other, more liquid cryptocurrencies. For a long time, the most popular cryptocurrency for crowdfunding was Bitcoin crowdfunding, but today most ICOs occur on the Ethereum blockchain.
With applications for new businesses surging in the U.S., a crypto-focused platform says it is determined to help entrepreneurs get their ideas off the ground.12103
When NFTs and crowdfunding meet, game developers and players can both win14594
A project is building a blockchain ecosystem that unites freelancers, entrepreneurs and business investors in a new, logical way.10800
Polkadot reveals details of a new crowdfunding mechanism: the initial parachain offering.16693
After numerous extensions, Celsius’s equity crowdfunding raise has attracted 1,000 investors and more than $20 million.6504
A community governed DeFi project sets a new standard for crowdfunding.9407
A crowdfunding campaign raised more than $50,000 in the first two days toward the creation of viral videos promoting Bitcoin Cash.2342
The crowdfunding model in crypto is far from dead, as Republic illustrates with a compliant profit-sharing token that distributes the proceeds from successful equity investments.5510
Smart vending machine maker Popcom raises $1.3 million through Regulated CF security token offerings.5996
Polkadot will now have representation on Gitcoin, a developer-focused platform that uses a mix of crowdfunding and foundation grants to grow Web 3.0 and blockchain.6384
The crypto security firm has launched officially its new key backup for crypto hardware wallets, Ngrave Graphene.8763
A hardware wallet’s IndieGoGo crowdfunding campaign reached 450% of its target funding amount within two days of launch.5075
The SEC has introduced temporary changes to crowdfunding regulations that make it easier for firms to raise funds amid the coronavirus pandemic.7432
Run an eligible fundraiser related to COVID-19 and you’ll pay no fees on BABB.2361