DUBAI, IAE, January 31, 2023 – (SEAPRWire) – There is no doubt that the crypto craze has lost momentum, but that does not mean that crowdfunding is also gone. It is essential to keep in mind that crowdfunding can definitely be upgraded and things can take a turn to a much more reliable outcome than ICOs and Launchr.One with its professional team helps startups to set up their crowdfunding platform using blockchain technology.
Before we go on, it is important to define exactly what an ICO is and what makes it different from a traditional crowdfunding.
The crowdfunding phenomenon
One thing that we can all agree on is that crowdfunding became one of the most relevant ways for companies and entrepreneurs to raise money for a project. This was perfect when it came out because it was becoming harder and harder to get loans from banks.
The crowdfunding system allowed people to contribute an X amount of money to a project with the promise of receiving benefits that would depend on the level of support. This model had some traction going for it, but it has started to lose momentum and it is not as appealing as it once was.
How does an ICO work and what makes it different?
ICOs are making this a completely different and much more reliable process. In a nutshell, crowdfunders were paying money to get rewards from the project, while ICO participants were instead buying a token.
When someone is involved in an ICO investment, they are not only investors, they are also using the product that the company is offering. There are no physical products with ICOs, instead, a digital product is listed on exchanges and then it is traded publicly.
The main drawback with ICOs was that it was unregulated. This is going to change now as the crowdfunding concept makes it regulated, which makes it more reliable and solid as an investment opportunity.
Launchr.One is allowing you to get the best results when you are looking to launch a crowdfunding project
The crowdfunding dashboard offered by Launchr.One allows you to get a fully automated experience that makes the process of starting your crowdfunding project much easier. This is a solution that uses an intuitive and extremely solid proposal with the latest technology to help you start your crowdfunding project with ease.
Making use of ICOs for crowdfunding is a much better alternative due to the compliance with regulators to ensure the best results. This is the reason why Launchr.One provides such an excellent service to help you in this process. You can check out a demo of the powerful crowdfunding platform offered by Launchr.One to experience all the features offered first hand.
BC INTELLIGENCE GROUP FZCO (Launchr.One) is a software development company with a highly professional and an experienced team that specializes in the providing turnkey solutions for conducting crowdfunding campaigns.
SOURCE: BC INTELLIGENCE GROUP FZCO
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