DAISY Global | Benefits of Decentralized Crowdfunding: Transparency, Efficiency, and Inclusivity
Decentralized crowdfunding offers several
benefits over traditional crowdfunding models. One of the key advantages is
transparency, as blockchain technology provides a transparent and immutable
ledger of transactions, ensuring greater accountability and trust in
fundraising processes. Decentralized platforms like D.AI.SY
also offer increased efficiency, as smart contracts automate and enforce
transactions, reducing the need for manual intervention and administrative
overhead. Additionally, decentralized crowdfunding promotes inclusivity by
removing barriers to entry such as geographical restrictions or institutional
biases, enabling a more diverse range of projects to access funding from a
global pool of contributors.
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