Blockchain technology – a decentralized digital transactions ledger – sounds boring next to the trendy products grabbing the attention and wallets of the crowdfunding folks. It’s high intrigue sub-theme as the platform for cryptocurrencies that aim to disintermediate the global monetary system sounds more exciting, but the duller accounting function
Powered by tinkerers, inventors and dreamers all over the world, the crowdfunding industry is poised to make even more of an impact in 2017. Last year saw products spanning a wide range of categories, from the Pilot instant translation device and Paralenz 4K diving camera to the Montessori-inspired Cubetto coding
The blockchain – a decentralized digital transactions ledger – sounds boring next to the trendy products grabbing the attention and wallets of the crowdfunding folks. You may be more familiar with its high intrigue sub-theme as the platform for cryptocurrencies, led by Bitcoin, aiming to disintermediate the global monetary system.
It’s difficult to make the case that venture capitalist (VCs) are threatened by the crowdfunding phenomenon. Incubators such as YCombinator and Techstars imply no shortage of entrepreneurs in the startup pipeline fiercely competing for the opportunity to draw from the vast coffers of their experienced, sophisticated, and wealthy VC mentors.
I’ve been a fan of Kickstarter (and Indiegogo) for quite some time. I’ve backed some bigger project — as well as some smaller ones — and I’ve been generally happy overall. Like many that use crowdfunding, I understand the risks that come along with it — the promises that may be broken,