//PLEDGECAMP OFFERS A RELIABLE AND COMPETENT CROWDFUNDING PLATFORM

PLEDGECAMP OFFERS A RELIABLE AND COMPETENT CROWDFUNDING PLATFORM

If you are considering raising finance for your business, project or venture through crowdfunding, there are a number of factors that you might want to consider.ADVANTAGES OF CROWDFUNDIt can be a fast way to raise finance with no upfront fees.Pitching a project or business through the online platform can be a valuable form of marketing and result in media attention.Sharing your idea, you can often get feedback and expert guidance on how to improve it.It is a good way to test the public’s reaction to your product/idea – if people are keen to invest it is a good sign that the your idea could work well in the market.Investors can track your progress – this may help you to promote your brand through their networks.6.Ideas that may not appeal to conventional investors can often get financed more easily.Your investors can often become your most loyal customers through the financing process.It’s an alternative finance option if you have struggled to get bank loans or traditional funding.CHALLENGES FACING CROWDFUNDIt will not necessarily be an easier process to go through compared to the more traditional ways of raising finance – not all projects that apply to crowdfunding platforms get onto themWhen you are on your chosen platform, you need to do a lot of work in building up interest before the project launches – significant resources (money and/or time) may be requiredIf you don’t reach your funding target, any finance that has been pledged will usually be returned to your investors and you will receive nothingFailed projects risk damage to the reputation of your business and people who have pledged money to youIf you haven’t protected your business idea with a patent or copyright, someone may see it on a crowdfunding site and steal your conceptGetting the rewards or returns wrong can mean giving away too much of the business to investorsTHE USEFULNESS OF PLEDGECAMPFor any ecosystem to succeed, there must be continuous flow of information between both parties towards shared goals. Both the creator and the backers should positively benefit from the crowdfunding by ensuring accountability and transparency with smart contracts, by aligning user interests through an inclusive and rewarding token economy. The distributed nature of blockchain is a logical fit with crowdfunding and enables the use of more and efficient features needed in crowdfunding of today.• BACKER INSURANCE This is a feature that pledge camp will enforce to ensure security measures. It is only applicable to pledge camp and also it empowers backers to monitor the usage of their contributions. Here, a smart contract holds a percentage of the campaign funds in escrow which is gradually released to project creators as project milestones are met. These milestones are previously stated before the crowdfunding so that the expectations between creators and backers are clear from the beginning.• CAMPAIGN DEPOSITS In pledgecamp, creators must place a refundable deposit prior to list. This gives room for a financial penalty for spam and ensures creators transparency while promoting their project on the network. It should also be noted that campaign deposits are fully refundable provided the creator performs enough transparency tasks.• DECENTRALIZATION The entire essence of pledgecamp is to create an open and distributed model of innovatuin in crowdfunding. It is worthy of note also that in crowdfunding the most valuable resource is crowd itself, with all of the skills, knowledge and connections contained within. Pledgecamp will strive to enable what is called “smart crowd” an empowered user base that contributes more than just monetary value to the ecosystem.Furthermore, pledgecamp introduces two additional marketplaces; the market network and the knowledge center. With a smart application of blockchain in pledgecamp, trust and collaboration among the crowd can be fostered thereby unlocking the full, global potentials of crowdfunding.Website: http://bit.ly/2Gv8Vqj http://bit.ly/2GyDdsd : http://bit.ly/2DXaZW5 username : Iphygurl

If you are considering raising finance for your business, project or venture through crowdfunding, there are a number of factors that you might want to consider.

ADVANTAGES OF CROWDFUND

  1. It can be a fast way to raise finance with no upfront fees.

  2. Pitching a project or business through the online platform can be a valuable form of marketing and result in media attention.

  3. Sharing your idea, you can often get feedback and expert guidance on how to improve it.

  4. It is a good way to test the public’s reaction to your product/idea – if people are keen to invest it is a good sign that the your idea could work well in the market.

  5. Investors can track your progress – this may help you to promote your brand through their networks.

6.Ideas that may not appeal to conventional investors can often get financed more easily.

  1. Your investors can often become your most loyal customers through the financing process.

  2. It’s an alternative finance option if you have struggled to get bank loans or traditional funding.

CHALLENGES FACING CROWDFUND

  1. It will not necessarily be an easier process to go through compared to the more traditional ways of raising finance – not all projects that apply to crowdfunding platforms get onto them

  2. When you are on your chosen platform, you need to do a lot of work in building up interest before the project launches – significant resources (money and/or time) may be required

  3. If you don’t reach your funding target, any finance that has been pledged will usually be returned to your investors and you will receive nothing

  4. Failed projects risk damage to the reputation of your business and people who have pledged money to you

  5. If you haven’t protected your business idea with a patent or copyright, someone may see it on a crowdfunding site and steal your concept

  6. Getting the rewards or returns wrong can mean giving away too much of the business to investors

THE USEFULNESS OF PLEDGECAMP

For any ecosystem to succeed, there must be continuous flow of information between both parties towards shared goals. Both the creator and the backers should positively benefit from the crowdfunding by ensuring accountability and transparency with smart contracts, by aligning user interests through an inclusive and rewarding token economy. The distributed nature of blockchain is a logical fit with crowdfunding and enables the use of more and efficient features needed in crowdfunding of today.

• BACKER INSURANCE This is a feature that pledge camp will enforce to ensure security measures. It is only applicable to pledge camp and also it empowers backers to monitor the usage of their contributions. Here, a smart contract holds a percentage of the campaign funds in escrow which is gradually released to project creators as project milestones are met. These milestones are previously stated before the crowdfunding so that the expectations between creators and backers are clear from the beginning.

• CAMPAIGN DEPOSITS In pledgecamp, creators must place a refundable deposit prior to list. This gives room for a financial penalty for spam and ensures creators transparency while promoting their project on the network. It should also be noted that campaign deposits are fully refundable provided the creator performs enough transparency tasks.

• DECENTRALIZATION The entire essence of pledgecamp is to create an open and distributed model of innovatuin in crowdfunding. It is worthy of note also that in crowdfunding the most valuable resource is crowd itself, with all of the skills, knowledge and connections contained within. Pledgecamp will strive to enable what is called “smart crowd” an empowered user base that contributes more than just monetary value to the ecosystem.

Furthermore, pledgecamp introduces two additional marketplaces; the market network and the knowledge center. With a smart application of blockchain in pledgecamp, trust and collaboration among the crowd can be fostered thereby unlocking the full, global potentials of crowdfunding.

Website: https://pledgecamp.com/

Whitepaper: https://pledgecamp.com/__pdf/whitepaper-pledgecamp-9-23.pdf

Telegram : https://t.me/pledgecamp

Bountyox username : Iphygurl