Five Facts About Fundition That Will Change How Crowdfunding Works!

in fundition-io •  3 months ago

Raising capital for your beloved project or charity is a hard thing to do! I have seen some real life examples of great projects turned to ashes just because of lack of financial support. That is where Crowdfunding comes in! It is an effective way to collect funds from a pool of individuals who are interested in the Project and want to back it with money. Simple and highly effective! In this blog, I am going to talk about FUNDITION.IO - Decentralized Crowdfunding Platform Powered by Steem Blockchain Economy. I will give you 5 good reasons why Fundition can revolutionize crowdfunding for Founders and Backers both in a positive way. But first, let's talk about a few problems of the current crowdfunding scene on the internet.

Crowdfunding market is huge and expected to grow to over $300 billion by 2025. There are than 200 crowdfunding platforms in the USA itself and most of them operate for worldwide audience. There are so many crowdfunding platforms such as Kickstarter, IndieGoGo, GoFundMe, RocketHub, PledgeMusic etc. So, you can imagine what's the scale of this practice. Taking small amounts of money from a large group of people who are looking to support the development of great products and services. These platforms have been used to fund various entrepreneurial projects or charitable works. But there are some problems with the current system that is affecting project owners i.e. founders and supporters which are called backers. This in turn hinders the success of projects involved. I will mention a few of them below:

Introducing FUNDITION- The Solution!

Fundition.IO is one of the newest crowdfunding platforms which is going to solve all the problems mentioned in the above section. It's an initiative by @hightouch, a kickass developer from Turkey, currently residing in France. To know more about him, please checkout his interview conducted by @promo-mentors team last month. It is one of the most exciting blockchain projects that is working towards the betterment of society. Helping honest founders to fund their projects without wasting a dime from their own pockets. It is powered by STEEM Blockchain and they work on this basis of "Proof Of Merit" to make the distribution of money as equal as possible. The team believes that Crowdfunding through collaboration is the best way to achieve high grade results. Their system provides ample amount of benefits to all the parties involved i.e. Founder, Backer and Collaborator. To know more about Fundition, please check this wonderful blog written by @cryptocurator - [Introduction to Fundition on World Humanitarian Day](Introduction to Fundition on World Humanitarian Day). You can also explore about some of the projects that are being supported on Fundition right now: https://fundition.io/#!/explore. Now, let's discuss why I think Fundition can disrupt the crowdfunding market and support innovation and charity worldwide:

**By now, it's clear that Fundition enhances the ability of STEEM Blockchain and leverage it to support projects that actually matter. I hope to review their services and other aspects in the coming blogs. In the meanwhile, I would request you to check out their links in the next section to explore their presence on the internet. You can also share this blog with anyone who is looking to fund their amazing project or maybe to any charitable organization doing humanitarian work. **

References And Links

If you are interested in finding out more, please visit the following:

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Thank you @hungryhustle.

Thank you for being a loyal Funditian and helping spread the voice of Fundition all around, we really appreciate your efforts to try and promote Fundition. As a token of our gratitude, please accept this upvote from us. Take care and keep spreading the word about Fundition whenever you can, so, we can grow and help as many people as possible. We wish you all the best.

If you are reading this and you aren’t the author of this post, what are you waiting for, Join Fundition and let’s together make a change, a change that will make this World Better even Amazing !

Fundition is a next-generation, decentralized, peer-to-peer crowdfunding and collaboration platform, built on the Steem blockchain.

Read the full details of Fundition Fund program

Learn more about Fundition by reading our purplepaper


Join a community with heart based giving at its core
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Woaah! Did not expect your vote Fundition. Thanks for the juicy surprise. Really appreciate it. And I will make sure to tell everyone about Fundition as much as I can. I will be spreading the word on every social media profile I know. Also, I will be talking to few charities to use Fundition for their next crowdfunding project. Cheers and keep doing the awesome stuff. Platform is amazing and I love it especially the UI/UX. 100 marks to the designer.

🤖 Congrats on making the new @SMG co-curators digest! Thanks to all #curation-crew and of course all our cherished authors. See how much we love and appreciate your work here: https://steemit.com/cancer/@smg/smg-digest-or-bell-tolls-fundition-crowdfunding-nope-to-the-pope-thai-flower-tax-and-cancer-swim

Those are great facts. I recently read Fund Your Project's Development
by espoem. And I kinda had the same questions in my mind and those are still there after this post. I really like to see some statistics about how many projects created fundition campaigns so far, how many of them funded successfully and what they are doing now. It's a call out to @fundition team :) I really like to see some of these numbers. I had an idea for a while still working on it. I actually planning to offer some premium features on this project so it might be perfect way to start with a campaign. IDK I just need to improve my plans and find some collaborators to speed up the process.

Anyways it was nice to read and know more about the fundition and reminding me to prioritize this project. Thanks.

"As bayrakları"

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Thanks a lot for your comment @oups. I am able to understand your apprehensions. I would ask you to join their discord channel if you can - https://discord.me/fundition || You can talk to their team members and ambassadors to clear out any doubt you have! They are highly engaging with the community consists of Founders, Backers and Other Influencers. You can directly ask for your numbers. I will also share your comment with the team in their discord. Let's see if they can reply to your queries here.

But please don't hold off your idea inside you. Take help from both Fundition and Utopian for any open source project you are planning to launch. You can even find other like-minded people and developers who are there to help you. :-) Cheers mate. All the very best!

Fabulous post @hungryhustle !! Important, clear, relevant and with all your usual snappy diagrams. Upvoted, resteemed and curated for the SMG. :) With gratitude.

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Can't thank you enough @artemislives for your constant support and love. You are the best. ♡

Great post and great oppertunity to crowdfund the honest and transparant way !!!

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Thanks a ton @verhp11. :-)

Change is a constant force in nature, either for good or bad. In this case it's for good. Problem solving is what makes life more flexible and enjoyable, that's what Fundition is bringing to the crowdfunding industry. These 5 facts about Fundition are just too amazing and i can't wait to be a part of it. Nice post!

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Hi @hungryhustle ! Great post as usual! I was wondering if we need to join fundition to get their upvote, since I made a post on them, and did not get any feedback.

By the way, I may need some help from you with some infographics. Would you be able to collaborate?

Regards, @gold84

Hi @hungryhustle , are you available to help me create a few infographics?

Regards, @gold84

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Hello @gold84, Please let me know if we can connect on Discord or maybe on Steem.chat to talk more about it. Would be happy to help you. :-)

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Sounds good @hungryhustle ! I sent you a message via discord.
Looking forward to your reply.

Regards, @gold84