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Tag: Indiegogo

TCL Crowdfunding RayNeo X2, The First Standalone AR Glasses

TCL launched the crowdfunding campaign for RayNeo X2 standalone true AR glasses, priced at $700.Unless an unannounced competitor ships first, RayNeo X2 will be...

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BLUETTI Unveils Its Newest Products at CES 2024

SYDNEY, AU, Jan 4, 2024 - (ACN Newswire) - BLUETTI, a pioneer in portable power solutions, will introduce several new products at the upcoming...

AI is Now Making Its Way to Bags on Our Backs

Microsoft is taking advantage of the AI surge and implementing the technology at a level that resembles a sci-fi era. A patent recently filed by...

BLUETTI AC500 vs. AC300: What’s Changed?

SYDNEY, AU, May 5, 2023 - (ACN Newswire) - The BLUETTI AC500, an upgrade to the classic model AC300, debuted on Indiegogo and achieved remarkable success. It raised...

The Role of Testing in Improving Financial Inclusion (Bruce Mason)

Financial inclusion implies availability and accessibility of financial services to all individuals, regardless of their socioeconomic status, geographic location, or other factors. It is...

Rental and Sharing-economy – Where does it start and where does it end? (Joris Lochy)

A few years ago everyone was predicting the end of the consumption-economy and the rise of the sharing (and in extension rental) economy. Today,...

TickrMeter Review: Track Bitcoin & Other Cryptocurrencies From Your Desk Or Nightstand | Bitcoinist.com

TickrMeter is pitched as a “stock ticker for your table.” However extra importantly to this viewers, it additionally tracks the value of Bitcoin, Ethereum,...

A Failed XR Startup is Back With Compact Optics That Switch Instantly Between AR & VR

AntVR, an early VR startup which struggled with several XR headset projects that ultimately didn’t find traction, has reemerged with novel optics...

Cosmos (ATOM) Jumps up, Filecoin (FIL) and Orbeon Protocol (ORBN) are Must-haves for 2023

Advertisement &nbsp &nbsp Cosmos (ATOM) managed to put a smile on its holders’ faces as the digital asset skyrocketed by over 14% within the...

Polygon Founder-Led Web3 Accelerator Beacon Hosts Inaugural Demo Day

New York City, New York, 12th January, 2023, ChainwireEarly-stage web3 accelerator Beacon held its first Demo Day of the year with 13 projects pitching...

New Math Startup Nillion Raises $20M From Over 150 Strategic Contributors

Investors bet on new internet infrastructure that the Founding Team of Uber, Indiegogo and Hedera Hashgraph think could create the next crypto bull...

Bitcoin’s Plan To Fix The Crowdfunding Problem?

Crowdfunding has been around for some time now, and although it has been a hard time for some projects to gain funds, bitcoin could be the answer. Let’s look at the root of the troubles and how crypto could potentially address them. Related Reading | Downward DOGE: Descending Dogecoin Pattern Predicts Deadly Drop The In’s and Outs… Crowdfunding is a practice where you can donate money – including cryptocurrencies such as Bitcoin, Litecoin, and more cryptocurrencies – to projects, associations or people to develop ideas. It is a very powerful mechanism and tool for innovation and supporting social enterprises. Different platforms, such as Kickstarter and Indiegogo have not taken their foot off the brakes; the web 2.0 crowdfunding movement, which has led to the creation of several billion-dollar tech startups, like Oculus, and raised millions of dollars for thousands of causes, is ripe for development. Crypto crowdfunding has the potential to be a network that connects people and their ideas. Today, crowdfunding is dramatically narrowed by its reliance on legacy finance, which limits the vast majority of the world from accessing it. Although this is good in theory, and has worked thus far, the major issue is the reliance on the legacy financial infrastructure, that is not only costly but globally fragmented. BTC: Bitcoin bouncing back after hitting all time high in November 2021. | BTC:USD tradingview.com Most crowdfunding platforms are only found in 30 countries. To date, the costs of operating crowdfunding in this network are very high, due to the many mediating third parties involved. The average crowdfunding platform charges a 7% fee per successful project. Could crypto’s aggressive transaction fees beat out traditional competitors? Crowdfunding & Crypto: A Pair Of Aces… Many platforms have had a hard time with the tight reliance of legacy financial infrastructure; this has made some crowdfunding platforms move over to the “web 3.0” model. One big example is Kickstarter, who has decided to move from its reliance on Stripe to creating its own crowdfunding protocol on other blockchains. This may make sense for equity-based crowdfunding, which can enable the platform and it’s users to invest in new companies and their ideas. A prime example of these worlds coming together was just last year with Bitcoin Smiles, which raised roughly 1.8 BTC. Bitcoin Smiles was an initiative aiming to raise funds and provide free dental care to impoverished people living in rural areas of El Salvador. Another project that can be used as an example is Kivéclair, a development project that educates people about bitcoin in the Democratic Republic of the Congo. Although these are only few examples of early crowdfunding in crypto, these do provide a valid source and hope that bitcoin can still rally through its community of caring bulls and bears. Related Reading | Bitcoin Millionaires Are Flocking To This North American Tax Haven. But What Do The Locals Think? Featured image from Pexels, Charts from TradingView.com The writer of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice.

Top 5 Unorthodox Ways People Can Take Loans

Top 5 Unorthodox Ways People Can Take Loans
Many people find it difficult to borrow money from banks for a number of reasons. They might have a low credit score, negative information on their credit file, or the lender might just decide that they won’t be able to afford to repay the credit they applied for. As a result of this, many people […]

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