Decentralized Fundraising (Part 06)
In the past few posts, I have discussed with you about the Decentralized Fundraising Project. I tried to explain through the discussion that the Decentralized Fundraising system is very important and there are many opportunities for global people. I have discussed all these important issues in detail in the last five posts. In the last post, I showed five important examples where Decentralized Fundraising projects have been able to create significant impact by doing them in a decentralized system. By doing this, it has been possible to generate huge income through the sale of DApp, Smart Contract, and NFT by creating funds from all over the world. In today's post, I will share three more important examples with you.
6. Crowdfunding:
Gitcoin is a decentralized platform. It gives the opportunity for the developers to fund open-source projects. It uses a matching fund model. Gitcoin has successfully funded numerous open-source projects.
7. Decentralized Venture Funds:
MetaCartel Ventures is a decentralized venture fund organized as a DAO. It pools funds from members to invest in early-stage decentralized applications & blockchain projects. As the system is based on a decentralized model, MetaCartel Ventures democratizes venture capital. It has created an opportunity for a broader range of investors to participate in funding innovative projects.
8. Decentralized Social Impact Projects:
SolarCoin is a cryptocurrency. This is different from many other cryptos. This project rewards solar energy producers with tokens for generating clean energy. The tokens can be traded or used to fund further renewable energy projects. SolarCoin incentivizes the production of solar energy. This is one of the ways of promoting environmental sustainability. It illustrates how decentralized fundraising can support social & environmental causes.
This is a very important and significant project because all over the world we are talking about renewable energy, but this is a real example where we have been able to create a system to reward those who are generating renewable energy. This has been a very important task from the point of social responsibility. This is actually a very good example of Decentralized Fundraising.
~ Regards,
VEIGO (Community Mod)
Upvoted! Thank you for supporting witness @jswit.
This is another part of the decentralised fundraising and good to see that points you have explained in the articles are pretty much useful and really make sense. They should be followed to make the process more transparent and strengthen the entire process.