A crowdfunding campaign raised more than $50,000 in the first two days toward the creation of viral videos promoting Bitcoin Cash.
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.
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.4980
Smart vending machine maker Popcom raises $1.3 million through Regulated CF security token offerings.5774
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.5802
The crypto security firm has launched officially its new key backup for crypto hardware wallets, Ngrave Graphene.8189
A hardware wallet’s IndieGoGo crowdfunding campaign reached 450% of its target funding amount within two days of launch.4785
The SEC has introduced temporary changes to crowdfunding regulations that make it easier for firms to raise funds amid the coronavirus pandemic.7251
Run an eligible fundraiser related to COVID-19 and you’ll pay no fees on BABB.2238
Investment platform Republic plans to build its own digital asset on Algorand’s blockchain, allowing financial exposure to company.5640
ConsenSys is launching a new crowdfunding platform that focuses on jumpstarting a dedicated community, with Skale Network being its inaugural launch partner.3206
Plasma scalability for the Ethereum network is now a matter of implementation, according to the non-profit Plasma Group.5618
Wesley Snipes plans on tokenizing his future movies, but how prevalent is tokenization in film, and can it disrupt traditional funding?5819
2019 has seen a new way of fundraising, IEOs, become the go-to way to raise capital while ICOs lose steam.9362
Gab has made a bid to seal $10 million in a Series A crowdfunding round that will enable it to decentralize and integrate bitcoin.6089
Poland-based Golem Factory has spun off a new entity, the Golem Foundation, that is expected to increase the value of the entire project.5190