Top 10 Crypto Crowdfunding Platforms

Crowdfunding in a simple language means raising small amounts from multiple individuals for a venture. Now it is based on the internet i.e. raising money from multiple individuals over the internet is called crowdfunding. 

 

The amount that will be raised will depend on the type and size of the venture. Obviously it is an alternate financing method and nowadays crypto crowdfunding has become immensely popular.

 

You can see multiple startups and business platforms where crypto crowdfunding is done. These are not free funding websites. Mostly people that are in need of equity use crowdfunding to bring forward their ideas or pitch their ideas in front of potential people.

 

Cryptocurrency has the potential to change the global finance market. In this blog we will look at the crypto aspect of crowdfunding and learn about the Top 10 crypto crowdfunding platforms wherein people can invest.  

 

Also Read | 5 Top Cryptocurrency Exchanges

 

 

Introduction to Crypto Crowdfunding Platforms

 

Businesses adapt themselves with the latest technologies and ongoing trends in the market. Likewise when the trend of crypto grew many entrepreneurs used this opportunity to build their startups as crowdfunding platforms. They realized that over time people will look out for such companies to solve their issues.

 

“Blockchain is so wide that you cannot know everything - you are just few moments away from meeting a geek who knows so much than you do.”

- Olawale Daniel

 

People will always need a mentor or an expert to guide them on blockchain. Crypto crowdfunding emerged as a wave and currently there are more than 180 crypto crowdfunding platforms across the globe. 

 

We just read above that crowdfunding is about pooling money through different sources for a business venture. There are so many cryptocurrencies that people often get confused. These platforms are the solution.

 

An amazing example wherein Crypto crowdfunding went mainstream

 

How many of you have heard about the ConstitutionDAO bid? So, there was an official first printed copy of the constitution of the US on which people bid. DAO stands for Decentralized Autonomous Organizations that often do crowdfunding campaigns. One such DAO bid on the constitution of The US. This whole project was called ConstitutionDAO. 

 

This bid portrayed how much power DAO has nowadays. Some random investors used crypto crowdfunding specially ethereum based and raised $46.3 million dollars from multiple investors. It is probably the largest crowdfunding done through crypto.

 

Also Read | Centralized and Decentralized Cryptocurrency exchanges

 

Top Crypto Crowdfunding Platforms

 

“In cryptocurrency investment, long term thinkers are less stressed.” ― Olawale Daniel

 

Like mentioned above there are more than 180 companies but what we’ve listed below are the top 10 crowdfunding platforms that offer some of the best services.

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Crypto Crowdfunding Platforms

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1. RealBlocks

 

Year Founded: 2015

HQ: New York, United States

Founder(s): Perrin Quarshie

 

This company was founded in 2015 and is US based. It has multiple investors like Zelkova Ventures, Crosslink Capital, Morgan Creek etc. 

 

It is based on a decentralized model and has a distributed ledger technology through which institutional investors and retailers invest in real estate. It tokenizes the physical assets and allows multiple investors to be a part of the project. 

 

This platform raises money through intermediaries and institutional channels.This platform helps to make the distribution channel more simpler than the others.

 

2. Meridio

 

Year Founded: 2017

HQ: Brooklyn, United States

Founder(s): Corbin Page

 

This company was founded in 2017 and is US based. It is also a real estate investment platform online. It is based on SaaS and block technology helps to convert the properties into shares (digital). 

 

 This platform gives the opportunity for direct interaction with the owners of the  property by removing intermediaries. Polaris Partners are one of its investors. Currently this platform is available only to US citizens. 

 

They have to verify themselves before accessing the services. It offers minimum investments, reduced costs of transactions and a high portfolio liquidity.

 

3. QuantumRE

 

Year Founded: 2017

HQ: Newport Beach , United States

Founder(s): Mathew Sullivan

 

This company was founded in 2017 and is US based. The main objective of this company is to create a portfolio of assets and attract more investors. It lets other people invest in your homes to increase their values. 

 

Xsquared Ventures, Rex Global Fund etc are some of its investors. It offers an equity contract not a home loan. You can become a stakeholder with them by investing only $150.

 

4. Gitcoin

 

Year Founded: 2017

HQ: Boulder, United States

Founder(s): Kevin Owocki
 

This company was founded in 2017 and is US based. It has multiple services like- project searches, gith hub integrations, hackathons, and tip developers etc. IDEO, Electric Capital, 1kx etc. are its investors. 

 

Freelancers can use Gitcoin to learn Python, Rust, Ruby etc. They have funded around $51.8M till now and more than 3 Lakh users are registered with them. With this platform you can earn, learn, connect as well as find funds from the open web.

 

5. Brickblock

 

Year Founded: 2016

HQ: Berlin, Germany 

Founder(s): Fernando Palma, Miguel A.Vaquero

 

This company was founded in 2015 and is Germany based. This platform gives investors a direct opportunity to invest in ETF as well as real estate. You will find smart contracts which will reduce paperwork, forex, and be a transparent system. 

 

Bitcubator Ventures, Blockseed and Finch Capitals are some of its investors. It offers white-label services and products. This platform helps you to increase efficiency by investing at minimum cost.

 

6. Wefunder

 

Year Founded: 2012

HQ: United States

Founder(s): Nick Tommarello

 

On this platform you can start investing with just a minimum amount of $100. It was one of the first crypto crowdfunding platforms that accepted bitcoin. 

 

They follow US dollars therefore, whenever an investor wants to reimburse the amount will be credited to him at the current market value. The platform has funded millions of dollars into hundreds of companies, including Zenefits, Checkr, Meow Wolf, Everipedia, and Goldbelly. 

 

7. Coinstarter

 

Year Founded: 2017

HQ: Brooklyn, United States

Founder(s): Cornall Holloway
 

Coinstarter is one of the biggest crowdfunding platforms. You have to become a member on their website in order to start investing. 

 

They have a subscription model of revenue i.e. you have to pay a monthly fee and along with it they will charge a transaction fee separately. Their website is currently inoperable for the citizens of China, US, Canada as well as Singapore. 

 

One does not have to be tech-savvy or with a high tech knowledge to start campaigns here. This website is very flexible and you can go to their separate crypto section to understand the latest trends in crypto.

 

8. StartEngine

 

Year Founded: 2014

HQ: United States

Founder(s): Howard Marks

 

This site came alive in 2014 and is regarded as one of the largest Equity crowdfunding platforms in the US. There are more than 2 Lakh investors registered. 

 

Till now they have raised a lot of money for the startups. Their gross revenue in 2018 was around $4.6 million. More than 320 startups have crowdfunded with them and the platform has helped them raise over $135 million. 

 

9. KickICO

 

Year Founded: 2017

HQ: Moscow, Russia

Founder(s): Anti Danilevski, Alexander Petrov

 

This platform has received “ICO of the year award” in 2018. KickICO follows a very simple approach. They motivate the new startups to buy tokens when they are in their early stages. 

 

This platform is best suited for startups for crypto crowdfunding. They conduct events every year like-Crypto space Moscow. More than 3000 people and many big industries join this event every year.

 

10. Kickstarter

 

Year Founded: 2009

HQ: Brooklyn, United States

Founder(s): Charles Adler, Perry Chen

 

Every person who wants to crowdfund or has crowdfunded before knows this platform. One of the most famous crypto crowdfunding platforms is Kickstarter. It began in 2009. 

 

They have raised $5 billion for more than 1.5 lakh projects from 18 million people until now. They were launched in 2009 and have supported more than 50k platforms. 

 

Their support team comprises 95 people who have spent their time in building this platform. They have recently made a change that they will use “Celo” instead of other currencies. Bitcoin and others need more maintenance than Celo which is Carbon-negative.

 

“The reason people are nuts about cryptocurrency, Is that they hear the magic phrase regulation-free.”

-  Abhijit Naskar, Hometown Human: To Live for Soil and Society