A ‘Kickstarter’ in Funding Blockchain Projects
Innovators in the traditional financial market often raise funds through centralized organizations or communities such as Kickstarter. These initiatives play a significant role in creating a sustainable environment for innovators in the creative space. Individuals or businesses who pitch their ideas in these ecosystems are exposed to opportunities such as funding, community access and expert guidance.
With digital ecosystems coming up, the traditional funding methods are gradually being challenged by innovations such as Decentralized Finance (DeFi). This crypto niche focuses on building a decentralized financial ecosystem where users can access loans, savings and sophisticated market instruments like crypto derivatives.
The past few months have been fascinating for DeFi as innovators and users experience liquidity provision and yield farming…