Why the world would end without startups benefitting from DeFi

Why the world would end without startups benefitting from DeFi

How do startups shape the future of humanity?

The progress of the world is largely influenced by startups hoping to change the world and leave their indelible mark on history. Some of the largest companies today including Microsoft, Apple, Google and Facebook (*cough cough Meta) were once fledgling startups with nothing but a vision and a drive to achieve it. Microsoft with the goal of ensuring a personal computer in every home, Apple which shrunk personal computing into the palm of your hand with the very first smartphone, Google trying to make the world’s information universally accessible and Facebook making money off your surfing habits and my ad spends.

But the innovations of tomorrow will be achieved by the startups of today. But with large companies and funds moving towards “safer” investments with known founders, the visionaries of today are looking towards newer and innovative ways to achieve what they set out to do.

Decentralized finance is one such innovation at the forefront of startup investing. It is fundamentally changing the way companies raise funds and how investors can access opportunities in emerging markets. DeFi provides an open-source platform for entrepreneurs to raise funds without going through traditional channels like banks or venture capital firms.

What Is DeFi?

Decentralized finance refers to a new financial system that leverages technology and cryptography to support trustless, transparent, and autonomous transactions. This new financial system operates over the internet with no central authority. It can be used by anyone who needs short-term lending or investing services.

DeFi is designed to be peer-to-peer (P2P). This means there are almost no intermediaries involved in the transaction process — everything happens directly between individuals or companies

The benefits of such a system include transparency and efficiency: no one can make hidden fees or alter records without being noticed by others in the network. The technology also allows anyone with access to an internet connection anywhere in the world to join these networks, making them more accessible than traditional banking systems.

The Benefits of Decentralized Finance to Startups

Raising money can be one of the most challenging and frustrating aspects of starting a business. Thankfully, decentralized finance offers a radical new solution to this dilemma. Startups can raise funds through various decentralized finance outlets, including Crowdfunding platforms like CrowdCandy. We allow Startups to offer their shares as NFTs, making them more accessible to investors who want to move money into and out of projects quickly.

Decentralized finance provides many advantages over traditional venture capital investments, including instant ownership and liquid token sales. Perhaps, the most significant is startups can focus on innovation and scaling without the hassle of funding. Also, they don’t have to be dependent on Angel investors or Venture capitalists who will take a share of their business and share the decision-making power.

CrowdFunding In Startup Investing

We’ve seen a considerable crowdfunding boom in the past few years. This is because it’s an excellent way for startups to find investors who want to back their ideas — and for founders to get their products and services out into the world.

The concept is simple: you create an account on a crowdfunding platform like CrowdCandy, where you can submit your idea or business plan to potential investors. If they like what they see, they’ll pledge money to your company in exchange for some equity-backed tokens.

The biggest benefit of crowdfunding is that it allows you to connect directly with your customers and potential investors, so you can build a community around your product before it even comes out.

So, how does it work? Our innovative platform offers your startup’s shares in the form of unique NFTs to investors. This is an attractive way to excite investors from all over to participate in your startup’s funding round. It’s highly lucrative and profitable for both investors and startups. NFTs offer high liquidity and can be resold for a higher amount on marketplaces.

Conclusion

With many VCs and institutions turning towards more agile startups and companies, decentralized finance could prove to be a valuable space for innovation. Crowdfunding decentralizes the funding process and opens it up to any startup that has a compelling story to tell. It will also help in identifying key audiences. And let’s be honest for a moment — this is exactly what startups need in order to get their products off the ground. They don’t necessarily require millions of dollars from investors. Instead, they need their vision validated. A strong community can be a great investment in addition to funding and your investment may help save the world!