cryptoknowmics.com
Crowdfunding is a concept that revolves around ideas of assisting startup projects through the raising of funds. Nowadays, with the rising economy, the number of investments required to start a project might be too much to handle. That's where crowdfunding comes in. As such, crypto crowdfunding refers to the raising and donating funds using cryptocurrencies. Moreover, this has become a trend with investors using coins like Bitcoin, Ethereum, and Litecoin, among others. Individuals as well as other small businesses seek opportunities to fund their projects through crypto crowdfunding platforms. The main focus of these platforms is assisting in early-stage support from investors to push their ideas into reality.
Top Crypto Crowdfunding Platforms
Blockchain technology has impacted crowdfunding a great deal. Advantages brought about by the technology include security and transparency, ensuring the protection of both the donors' and creators' interactions. Business models keep evolving with time due to different market changes. However, there are a number of crypto crowdfunding platforms available. Take a look at the top 7 crypto crowdfunding platforms available from this article. Understanding the different investor requirements and knowing what platform matches your requirements for the project fund-raising.
1) Coinstarter
Coinstarter is among the largest platforms offering crypto crowdfunding. According to their website, individuals from all over the globe can be part of the Coinstarter community, and become qualified Coinbox members. The platform enables the connection of startup creators with Metamask (browser connection that’s connected with the Ethereum blockchain), and they can collect coins using the Coinbox. However, the platform requires monthly subscription fees. Also, to enable connection to the Ethereum network, transaction fees need to be cleared. It allows access to smart contacts and the collection of coins from the platforms Coinbox. Coinsterter is a flexible and reliable platform for its investors, the reason being investors need not have high technical knowledge in order to start a campaign. Considering its user-friendly features, the platform also avails a crypto news section that allows investors and startup creators to follow current crypto trends.
2) KickICO
The KickICO platform is also among the best in crypto crowdfunding where users are allowed to purchase tokens of upcoming startups during their early stages. For crypto-based startup projects, the ecosystem is the perfect platform to use in raising project funds. It was also a winner of the “ICO of the Year” award from Bitcoin CIS back in 2017. KickICO has traded over major crypto exchange platforms and has over 60,000 users registered. Also, they have an annual event called the CryptoSpace Moscow. Its focus is on gathering over 50 plus international industries and 3,000 plus individuals.
3) Kickstarter
Kickstarter is a famous site that is also considered a top crypto crowdfunding platform. Starting in 2009, the platform is supported by all crypto investors. It is among the most reliable platforms that have raised over $5 billion for 180,000 plus projects, from around 18 million people. Recent news from early December last year shows Kistearter’s intent to make a bet on the blockchain industry through the introduction of an open-source protocol. The main agenda of this protocol is creating a decentralized version of the platform’s core functionality.
4) GameFi
Among the IGO crowdfunding mechanisms, GameFi is among the largest. Following its specific niche, the IGO platform presents viable chances for individuals to launch their specific projects. Blockchain gamers are funded in different ways. Moreover, GameFi is among the few IGO launchpads that allow users to purchase tokens in the IGO project as well as in-game assets. Users can get easy access to poops through the purchase of tokens or ticket systems.
5) PancakeSwap
For the Initial Farm Offering development, PancakeSwap is the most popular. IFO Development is an ICO development successor where upcoming DeFi projects can raise and earn capital. Here, users earn rewards and the platform project owners can benefit from the liquidity pool provided by the platform. For a user to participate in IFO crowdfunding development, project owners need their profiles registered on a decentralized exchange that also supports IFO development. Users thereafter stake CAKE of BNB tokens. The farming process liquidity is required from the users. IFO development assures its participants earn token rewards, and PancakeSwap is no different.
6) ILO Box
Initial Liquidity Offering development is among the most popular crypto crowdfunding options that facilitate the launching of new projects. ILO Box is no different. It assists experts from various relevant domains to provide knowledge and insight into ILO development. Here, liquidity providers get the new tokens in exchange for liquidity contribution into the pool in order for the AMM to work. Simply, investors purchase new coins and get bonus rewards called yields. It provides a ready market for the new tokens.
7) Zab Technologies
Zab Technologies is also a popular ICO crypto crowdfunding development platform that allows users to sell specific crypto assets on various special listings. The major focus of the ICO development platform is to create a demand for the new tokens, in the long run increasing their value. It has launched several successful ICO projects and as such has boosted project profits thus assisting new project owners. The platform’s main focus is on the creation of Smart Contracts, ERC tokens, ICO websites, as well as Digital Wallet Development.
Conclusion
Many new developments are seen every day in the crypto space. Currently, crypto crowdfunding provides and secures opportunities for upcoming businesses to launch blockchain-based projects. Through these platforms, project owners can tap into the demand in crowdfunding development platforms in order to boost their projects. Anyone in need of funds to support their new crypto projects can access funding from the above platforms. It benefits both the project owners as well as the blockchain industry.