How Decentralized Crowdfunding Will Be Pivotal In Launching Future Startups

in #money7 years ago

With the concept of decentralization taking the world by storm, it is only logical that the idea of adding crowdfunding into that mix would be a great move. Crowdfunding has had a major impact on the way new innovative startups seek out capital in recent years.

In ancient times, a company would have to meet with venture capitalist who often times couldn't see the vision that the inventors had in mind. In recent years, there has been crowdfunding sites such as Kickstarter & Go Fund Me. But, the fundamental flaw in these companies is that they don't give real time access to capital raised which halts all growth, and ultimately a companies ability to be first to market.

Aside from those flaws, are the enormous fees that these companies take from the entire amount raised. Imagine setting a goal only to have 15% of it ripped away before any of it even goes towards your project. That, along with the marketing it takes to bring awareness to your crowdfunding project can ultimately kill the project entirely. And that's where the new crowdfunding platform Sigil comes in.

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Sigil offers all of the benefits of traditional crowdfunding, and much...much more. Sigil is a new innovative and decentralized crowdfunding platform that will offer projects real time access to their funds. Enabling startups the ability to implement their mission during the crowdfunding stage.

Sigil is currently in it's infancy, and it's developers are planning to self fund the entire project, making it truly decentralized. A fresh breath of air in the flooded ICO cash grab market. With no ICO, means that the token Sigil will use is 100% PoS/PoW mineable.

Below will be resources for you to learn more about Sigil and it's team.

Official Website
White Paper
Official Announcement
Mining Guide

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