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RE: Could Blockchain Technology Make Crowdfunding More Efficient And Easier Than Ever Than Ever Before?

in #blockchain7 years ago

Practically any ICO is a form of crowdfunding, so we could say it's already here. And it's one of most successful one. Many ICO's were able to raise tens of millions dollars in a matter of weeks. This can beat any Kickstarter project.

Not to mentioned the fees. Kickstarter is taking 5% plus another 3% for the payment fee. That's 8% and it used to be higher. 8% percent is a huge amount.

Some funds are rewarding early adopters with extra coins. It's like taking those 8% to give them to the first contributors because they are the ones to make any project possible.

Bitshares found the way to reward the stake holders through 'dividends'. Owning bitshares pays you, so definitely a good investment.