Concordia ventures is a new crypto crowdfunding platform for project creators and tech startups
Crypto has been making waves over the past week as Bitcoin sets a new record following the announcement of Tesla’s $1.5 billion purchase of the world’s most popular cryptocurrency. As cryptocurrency gains more mainstream adoption, it also creates a more affordable opportunity for tech founders looking for alternatives to venture capital funding.
The crowdfunding space has evolved steadily over the past few years. With the integration of blockchain, crowdfunding could certainly be pushed to greater heights. One of the new entrants in the crypto-crowdfunding space is Concordia Ventures, a crowdfunding platform that focuses on the digital asset and cryptocurrency space.
Unlike the traditional crowdfunding platforms, Concordia allows backers to back their favorite projects using cryptocurrencies. Owned and launched by The Novum Group, Concordia Ventures also creates an additional funding source for project owners to tap into the fast-growing cryptocurrency market.
Concordia enhances the odds of a successful crowdfunding campaign for project owners with the help of cryptocurrency. The in-app digital wallet feature allows users to support campaigns in the platform directly with the virtual assets stored and managed in each user’s account.
On the other hand, project owners can look forward to onboarding a new base with customers who happen to be crypto enthusiasts.
Blockchain technology is gaining momentum, providing fresh and exciting new possibilities for people all over the world. It can be applied to multitudes of industries and verticals and is versatile in use. One of the sectors that could benefit the most from blockchain technology is crowdfunding.
Concordia Ventures announced their plans to make their platform available in the United States, spearheaded by the leading expert in crowdfunding as the CEO, Patrick Calderon. Patrick has been running campaigns since 2010, launching thousands of successful brands on sites like Kickstarter and Indiegogo.
“Jobs act has opened the door for more than 6000 companies that have successfully raised funds via equity crowdfunding. More than 60 million businesses in the United States that might not be good candidates for reward-based crowdfunding campaigns can now find a real solution to their funding needs using Concordia Ventures” – Patrick Calderon, CEO of Concordia Ventures.
You can read more about Concordia here.