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. The concept has become popular in recent years, particularly with the rise of social media and online platforms that facilitate crowdfunding campaigns.
There are several types of crowdfunding, including donation-based crowdfunding, reward-based crowdfunding, and equity-based crowdfunding.
Crowdfunding in crypto, is the technique of using a decentralized platform or blockchain network to use cryptocurrencies to raise funds for a project, business, or cause. This can be accomplished via a variety of methods, including cryptocurrency-based crowdfunding platforms, security token offers (STOs), and initial coin offerings (ICOs).