DAISY Global | Understanding Decentralized Crowdfunding

Daisy Global03 Oct, 2024Business

Decentralized crowdfunding, often referred to as "crowdfunding 2.0," leverages blockchain technology and smart contracts to facilitate fundraising activities without the involvement of traditional financial intermediaries. In decentralized crowdfunding, individuals or organizations seeking funding can create tokenized assets or digital tokens representing ownership or participation rights in the project. These tokens are then offered to investors or backers in exchange for contributions, which can be made in cryptocurrency or fiat currency. By utilizing blockchain technology, decentralized crowdfunding platforms like DAISY Global provide greater accessibility, transparency, and efficiency compared to traditional crowdfunding methods.