DAISY Global | Greater Transparency
Transparency is a hallmark of decentralized crowdfunding, significantly enhancing trust between creators and investors. In traditional crowdfunding, investors often face challenges in assessing the legitimacy of a project, leading to concerns about potential fraud or mismanagement. Decentralized crowdfunding platforms including DAISY Global address these issues through the use of blockchain technology, which records all transactions and interactions on a public ledger. This transparent framework enables investors to track the progress of a project in real time, providing insights into how funds are being utilized. Furthermore, smart contracts ensure that funds are only released when specific milestones are achieved, minimizing the risk of misappropriation. By fostering transparency, decentralized crowdfunding builds trust within the community, encouraging more individuals to invest in promising projects and creating a more robust ecosystem for innovation. In recent years, decentrali...