NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Startups Will Be Next Big Thing on Blockchain, Says Crowdfunding Giant Boomstarter

newsbtc
newsbtc
1 year ago
3 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

  • Well-established crowdfunding service adds blockchain to go global
  • The crowdfunding market is ripe for blockchain disruption
  • Crowdfunding on blockchain is expected to be the fastest growing application

As you look at the performance of cryptocurrencies and ICOs over the past 12 months, you’d see positive returns for just a quarter of the time.

Now in a prevailing bearish market, everyone is looking for a source of growth and profit. The potential lies in the very principle of crowdfunding: it will remain an important economical vehicle for raising operational capital for startups.

Crowdfunding: a profitable business model plagued by intermediaries

As a business model, crowdfunding has proven its efficiency. It usually involves an online platform promoting startups that sell pre-orders on their product to validate the idea and raise the capital. In return, buyers get rewards, most commonly big discounts or privileges. Platforms earn commissions and startups thrive with happy customers.

However, the global capacity of the crowdfunding market remains largely unused. The busiest services helping startups are currently serving only a third of the world’s entrepreneurs, plagued by restrictions that intermediaries impose.

Banks and payment systems set geographical boundaries, slow down the payments, and add the unnecessary bureaucracy.

The growth potential of crowdfunding is huge

This marketplace is long ripe for disruption. Many great projects are now discouraged to participate because of restrictions on existing platforms. And even those that do list often are faced with longer wait time to actually get the money for pre-orders sold.

Among well-established crowdfunding platforms, Boomstarter.Network is the first to tackle this issue in a comprehensive way. Operating profitably for six years, it is now breaking the mould by introducing cryptocurrencies and developing a blockchain ecosystem based on Ethereum network.

Using blockchain to boost the crowdfunding business model

Boosting the successful business model with a technological shift allows to remove intermediaries, lift geographical restrictions and bring fast funds transfers. The service becomes readily available to entrepreneurs around the world without any external restrictions.

In addition to regular crowdfunding operations, Boomstarter.Network claims to provide tools for backers to support startups by generating digital currencies using backers’ home computers. United in a cloud-mining pool, they can generate substantial amounts of digital money in favor of their chosen project. This offers a new opportunity for startups to build motivated and active communities.

Quenching entrepreneurs’ demand and earning together

The platform’s digital currency is designed to generate organic demand. It is needed for any startup to fund their campaign and to receive premium services.

The projections show that the value of Boomstarter coin will be amplified by the market share the platform gains when it goes live in 2019. Below calculations assume the full availability of 27 million Boomstarter coins without any speculative effect, which is likely to push the price above the intrinsic value.

Around three billion of the world population, with millions of current and future entrepreneurs, are now estimated to be underserved by the existing crowdfunding platforms. When they finally obtain the global fundraising tool, the demand will surge for Boomstarter coin as a means of enabling the all-inclusive crowdfunding.

Crowdfunding concepts have been around for centuries and are here to stay, reinvented. With blockchain technology, they can help millions of entrepreneurs to make their ideas profitable.

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Ethereum

Ethereum Breaks Higher With Conviction: No Signs Of A Breakdown Yet

Bankr, in a recent update, pointed out that Ethereum is maintaining its upward momentum, backed by solid volume and a...

Godspower Owie 9 hours ago

$400M Crypto Seizure by Secret Service Highlights Why Cold Storage and Best Wallet Are Essential

The U.S. Secret Service has now seized over $400M in digital assets, all of which are stored in a single...

Aaron Walker 10 hours ago
비트코인, 도지코인 및 밈코인 일제히 상승세... 토큰6900도 따를까?

비트코인, 도지코인 및 밈코인 일제히 상승세… 토큰6900도 따를까?

비트코인이 10만 9천 달러를 돌파하면서, 암호화폐 시장 전반에 강력한 상승 신호를 던지고 있다. 이더리움(Ethereum, $ETH) – up 4.65% 리플(XRP, $XRP)...

Soyeon Lee 10 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Ethereum Range Tightens – Liquidity Looms At $2,800 And $2,350

Ethereum Range Tightens – Liquidity Looms At $2,800 And $2,350

Sebastian Villafuerte 6 hours ago

FUNToken’s P2E Model Isn’t Just a Game: It’s a Scalable Digital Economy

NewsBTC 6 hours ago
Bitcoin

Bitcoin To Repeat Parabolic Phase From 2017 And 2021? Here’s The Target

Scott Matherson 8 hours ago

Premium Sponsors

Press Releases

  • 3 altcoinuri de urmărit în prima săptămână a lunii iulie 2025

    4 hours ago
  • XRP versus Shiba Inu: Care criptomonedă are șanse mai mari să creeze milionari?

    XRP versus Shiba Inu: Care criptomonedă are șanse mai...

    4 hours ago
  • XRP, SOL, LTC holders turn to OPTO Miner to earn $5,777 in...

    7 hours ago
  • More and more XRP and ETH holders are turning to APT Mienr...

    8 hours ago
  • XRP versus Shiba Inu: Care criptomonedă are șanse mai mari să creeze milionari?

    ...

    9 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.