One of the key features of decentralized
crowdfunding is its elimination of intermediaries from the fundraising process.
In traditional crowdfunding models, platforms often act as intermediaries,
charging fees and exerting control over the fundraising process. Decentralized
crowdfunding platforms, however, operate on a peer-to-peer network, allowing
creators and investors to interact directly without the need for
intermediaries. This disintermediation reduces costs, increases efficiency, and
empowers creators to retain a larger share of the funds raised.
Moreover, by removing intermediaries,
decentralized crowdfunding platforms like DAISY
minimize the risk of censorship and bias. Traditional crowdfunding platforms
may impose restrictions on certain types of projects or creators, limiting
their ability to raise funds for controversial or innovative ideas.
Decentralized crowdfunding, on the other hand, allows creators to present their
projects directly to the community, free from external interference. This
censorship-resistant nature of decentralized crowdfunding ensures that
innovative ideas have a chance to thrive, regardless of mainstream acceptance
or institutional approval.
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