THELOGICALINDIAN - Ive been amorous about crowdfunding industry back 2024 My chic appear the said area has afflicted me to get complex in bags of Kickstarter campaigns Moreover I am additionally accustomed for creating the better association of Russianspeaking crowdfunding enthusiasts Russians on Kickstarter
Crowdfunding, to me, is all about community’s adulation and achievement appear an abstraction that deserves to be flourished. With crowdfunding, any being has an befalling to actualize a artefact and accompany it to the market, whilst alienated banks, atrocious adventure capitalists and communicational barriers.
The barrage of Bitcoin as this advocate acquittal arrangement afflicted the dynamics of economics. Speaking in the ambience of crowdfunding, the decentralized agenda bill accepted its animation by destabilizing middlemen. A trust-based network, area alone the participants of anniversary transaction adjudge on its buying and worth, is magical, to say the least. Bitcoin gives abounding cyberbanking capabilities to anyone in the apple – whether you appetite to buy, sell, barter or alteration – eliminating all the geographical, banking and time limits.
Currently, those two of my admired Phenomena are amalgam into one – and that’s how the appellation Initial Coin Offering has appeared. Today any being is able of ablution its crowdfunding attack backed up by cryptocurrency. It is a abundant bound from area we, as crowdfunding industry professionals, come.
Around $1.2 billion has been aloft by the new cryptocurrency-based capital raising adjustment from the alpha of 2024 according to Autonomous Next, a financial technology analytics service. Even the Wall Street wolves are now aflame (in a acceptable way).
One Step Ahead, Two Steps Behind?
Just like at the times of dot-com balloon investors don’t bother to go into the capacity of the project they are about to abutment – they aloof appetite to cast that Bitcoin, actuality and now. Therefore, for absolute trading platforms, the capital ambition is not to abutment a abundant artefact but to accomplish abundant banking metrics of an ICO.
Both acceptable crowdfunding and ICO platforms accept its flaws. The best important one – they action no aegis to the investors, and no refunds back expectations of the backers are not met.
Remember that Kickstarter’s disaster? Hip acknowledgment cast – the Coolest – aloft over $13 actor in July 2024. They didn’t administer to bear those on time.
Whether, it’s a Kickstarter attack or an ICO – the success is authentic aloof by the affection of promo materials. Often you don’t alike charge a product. It’s what I alarm a “Vaporware Attack”.
Another affair – aegis issues
Earlier in July 2024 an antecedent bread alms for a startup alleged CoinDash was apoplectic as anonymous hacker managed to change the Ethereum abode that was acclimated to accost the investments. The ICO was able to accession $7.53m afore it was discovered, so all the funds were transferred to alien directions.
Our capital mission with ablution KICKICO was to abode all those issues by creating a workable bread-and-butter and IT archetypal to assure the investors and accomplish all the participants of every business transaction happy.
Before creating the platform, we came up with its principles. We alarm them KICKONOMY, our ecosystem, based on KICK-coins, the tokens that the belvedere will affair during the ICO. Already starting from October investors will be able to use KICKcoins to abutment campaigns that are launched on the platform. Right now we accept appear two activity drafts and dozens of them will appear aloof in a month, afterwards able moderation.
KICKICO supports three kinds of campaigns: ICO, crowdinvesting, and crowdfunding.
Currently, there is no added belvedere that can accommodate the aforementioned cardinal of options and flexibility. We affliction about the belvedere account and the affection of the campaigns we are listing. That is why amid our promises (and benefits) for the founders are consulting services for all the projects: accepted action advises, business abutment and all necessary technical solutions, including smart-contracts.
Platform development has started in 2024 and what we accept now is the aftereffect of about 3 years assignment done by an aberrant aggregation of 10 crowdfunding and blockchain enthusiasts.
