CROWDFUNDING PLATFORM USING BLOCKCHAIN
Author(s):
Fletcher Fernandes, Harsh Gharat, Anuj Kadam, Amaan Kamil
Keywords:
Blockchain, DAOs, Decentralized, Transparency
Abstract
Crowdfunding has revolutionized the way individuals and organizations raise funds for their endeavors. With the rise of online platforms and social media, this innovative method of fundraising allows entrepreneurs and non-profit organizations to reach a global network of potential investors and donors. Trust and credibility are key factors in the success of crowdfunding, and the integration of blockchain technology has taken this to new heights. The decentralized nature of blockchain brings a new level of democracy to the fundraising process, giving donors and recipients greater freedom, transparency, and incentives to participate. The trend towards distributed autonomous organizations (DAOs) has further disrupted traditional fundraising methods, as more capital is being directed towards blockchain-based crowdfunding campaigns. This has made fundraising more accessible, flexible, and efficient, freeing it from the limitations of centralized gatekeepers. Crowdfunding with blockchain technology has immense potential for growth and impact, and it is an exciting development in the world of fundraising
Article Details
Unique Paper ID: 158590

Publication Volume & Issue: Volume 9, Issue 10

Page(s): 112 - 116
Article Preview & Download


Share This Article

Join our RMS

Conference Alert

NCSEM 2024

National Conference on Sustainable Engineering and Management - 2024

Last Date: 15th March 2024

Call For Paper

Volume 10 Issue 10

Last Date for paper submitting for March Issue is 25 June 2024

About Us

IJIRT.org enables door in research by providing high quality research articles in open access market.

Send us any query related to your research on editor@ijirt.org

Social Media

Google Verified Reviews