Crowdfunding on the blockchain

Thanks to the advent of the internet and technology, over time systems and platforms have been created and developed that allow even small businesses to recover funds for their business so as to enhance and scale it even further.

In fact, one of the problems that companies encounter, especially if we talk about start-ups, is the economic one because they do not have sufficient funds to manage everything in the best possible way, and among other things, not all companies can access a stock or bond market quickly or who do not have the requisites to access it.

So we have several barriers that actually limit the entry of even small ones to potential investors or sympathizers of the project who have funds, even few, but do not have a suitable platform to put them in contact.

And with these premises, and not only that, crowdfunding platforms have been created that connect companies, even small ones, with potential investors, obviously with all the rules and limits imposed by legislation or the type of economic support, and even if it is true that the network of companies that fall within this type of platform is expanding, leaving out all the others and even those who have ideas and need capital to develop them.

This is even more true as regards the development of digital applications or systems, we think of smart contracts for a specific purpose, which need funds to carry out the project in order to complete it quickly.

And here we find only a few platforms that allow you to participate in the development of interesting products, both on the physical products side, for example Kickstarter, and on software development such as Gitcoin, interesting solutions but which always have a not indifferent centralization point and plus they are not crypto friendly so we cannot donate with our crypto.

Considering that the market is still young, then platforms can be born or are being born that go to close the circle by exploiting all the positive points of this system to recover funds, with the integration of the blockchain, so we can have all the transparency and exploit our crypto also to provide small amounts.

One of these platforms that is emerging and will be launched shortly is certainly that of Pomelo, built on the EOS blockchain and which will act as an open source crowdfunding platform, to finance projects that we prefer, while the smart contract will manage the funds in an optimal way. various projects with the so-called quadratic funding, let's not forget that behind this project we have Block.one (the company that created the EOS.io software on which the EOS blockchain is based), EOS Nation and EOS Asia, therefore all names of a certain level.

Another different platform but with similar objectives is that of EOSTARTER in which it concentrates as an accelerator/incubator for projects that will have a token and therefore allow to support them with a long-term vision, therefore a platform designed by those who love the EOS blockchain for all those who use it to create something super efficient compared to other blockchains.

In this way it will be easier on the one hand for developers to recover funds for their projects that will be developed on the EOS blockchain and on the other hand it will allow various users to see the related projects and, if necessary, participate by sending some EOS, and then also participate. to test the future smart contract in advance and have interesting advantages before the final release.

While DappFund has created something similar but by exploiting the inflation of the DAPP token and therefore supporting all those who present projects, all in a completely decentralized way and once again on the EOS blockchain, demonstrating how this type of applications and not only are able to develop in a concrete and substantial way in a completely technological and decentralized environment such as that of the blockchain

Those are just some of the many applications that with the blockchain it is possible to carry out, since it is open to every person in the world and without territorial limits, we do not have an intermediary who takes commissions on our crypto sending and we do not even have to wait for a traditional payment to process all this, which instead happens instantaneously with crypto, and consequently the developers will immediately have the funds available to use and continue their project.