Token minting to build successful crowdfunding campaigns I
We should start this post by giving a statement: Crowdfunding works. There are many famous cases of very successful campaigns that raised even more than they expected originally. One of those cases is that of Oculus VR, a firm that was launched in 2012 through a crowdfunding campaign. Bit success: they asked for US$ 250,000 and raised US$ 2.4 million. Thanks to that momentum the project prospered so much that it was bought by Facebook for US$ 2 billion in 2014.
If you are here today it may be because you are interested in crowdfunding, particularly through the use of blockchain technology, but you probably have doubts to consider crowdfunding as an option today to take your ideas forward. That’s why I wanted to go ahead and detail a few things about why creating tokens to crowdfund could be the ideal situation that you have been expecting.
Token creation can help you lead a more organized campaign
In order to make your campaign, you will need certain common elements in all of them. Although the structure of a crowdfunding campaign can vary, they always have several points in common: Presentation and description of the project. Photos or videos of the prototype/product/service. Description of prizes or gifts if you want to give any to your supporters. Promotion in social networks. And all the magic you want to add to make your campaign more attractive. Yet, among all those things there comes the unifying tool that blockchain crowdfunding offers through MintMe: the creation of tokens.
Having an organized campaign depends on how the information is managed and if it’s well structured from the very base. Tokens have this effect on a campaign because they become an active part of your campaign as they directly represent what your project or you are and they become the base for everything you do. MintMe as a platform for the generation of tokens also allows us to have a close interaction with our supporters which means that it’s not just like any other crowdfunding campaign but also a social platform.
MintMe as a social platform
When you want to raise money to finance a product or service, it is essential to be able to convey very well why people would be interested in seeing it materialize. This does not mean that in your crowdfunding campaign you have to dedicate yourself only to describe the functionalities, but you have to be able to convey to people the reasons why their lives are going to be more exciting, better, or easier thanks to your project.
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See EUBI token details - EUBI is a token of MINTME blockchain