Satoshi Nakamoto Blog

Category : Crowdfunding

Crowdfunding is the practice of funding a project or venture by raising small amounts of money from a large number of people, typically via the Internet. Crowdfunding is a form of crowdsourcing and alternative finance. In 2015, over US$34 billion was raised worldwide by crowdfunding.

Although similar concepts can also be executed through mail-order subscriptions, benefit events, and other methods, the term crowdfunding refers to Internet-mediated registries. This modern crowdfunding model is generally based on three types of actors: the project initiator who proposes the idea or project to be funded, individuals or groups who support the idea, and a moderating organization (the “platform”) that brings the parties together to launch the idea.

Crowdfunding has been used to fund a wide range of for-profit, entrepreneurial ventures such as artistic and creative projects, medical expenses, travel, and community-oriented social entrepreneurship projects. Its use has also been criticised for funding quackery, especially costly and fraudulent cancer treatments

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BCH Latam: Creating a Viral Feedback Loop for Mass Adoption With Bitcoin Cash

This week spoke with George Donnelly from the BCH Latam initiative about his plan to help the people of Latin America “achieve greater individual...
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Top fintech stories this week – 31 January 2020 – FinTech Futures

The FinTech Futures weekly round-up of the industry’s top stories and happenings from across the globe. This week we cover: Viva Wallet buys Greece’s first digital challenger...
Banking Crowdfunding digital homepage-featured-4 Investment & Funding KogoPay Payments

Payments app KogoPay crowdfunds £200k and hits £10m valuation – FinTech Futures

KogoPay, the mobile payment app which offers “instant and affordable” transactions between Europe and Asia, has raised more than £200,000 in crowdfunding on Crowdcube hitting...
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Financial management app Muse reveals £500k funding target – FinTech Futures

Muse, the financial management app for businesses, has started a Crowdcube campaign to raise £500,000 before the end of this week. Having launched its app...