Web3 fundraising offers a unique way for projects to access funds. It removes the tedious process involved in traditional fundraising and replaces it with a decentralized crowdfunding system. DeCir gives web3 projects the necessary tools to raise funds and seamlessly scale.
- The traditional fundraising system requires several processes, paperwork, and intermediaries before companies can raise funds.
- Web3 fundraising is highly decentralized and can involve everyone irrespective of their location on the planet.
- DeCir gives web3 projects the right tools to monetize their offering and raise funds without the hiatus of paperwork.
The Traditional Fundraising System
Fundraising in the traditional system is a tedious process. First, it is hard for startup projects to raise funds through public offerings. While it is quite possible for startup companies to receive seed funds from investors, It is expected that they have been around for a few years before they are listed on exchanges. Thus, raising funds from the public is never available in the first few years.
While the formative years of a project help it to build its internal process, many do struggle with funds and do not always survive to the point of public listing. Statistics show that 20% of businesses die within the first year of existence and up to 45% die in the first five years.
It is also important to note that the startups that make it to the Initial Public Offering phase also have a few issues to contend with. They are required to file for listing on renowned exchanges and also work with different intermediaries in the process. These intermediaries often charge huge amounts. Then, companies still have to hope that their shares are sold and the needed funds come in.
The process involved is often long, tiring, and exhausting for the few companies that are fortunate enough to have survived to that point.
Web3 Fundraising and the Decentralized Economy
Web3 has, so far, brought in a new kind of fundraising model. This fundraising model totally differs from any other model that has ever existed. Web3 has created a decentralized system of fundraising that enables young startup projects to raise funds through a process known as crowdfunding.
In this system, anyone from anywhere on the planet can partake in fundraising rounds. Web3 projects often start fundraising with pre-seed rounds and then scale over time to a public listing on exchanges. The main benefit of this process is that fundraising rounds are open to all who wish to partake.
Projects also have the added advantage of raising funds through other means. One such means is token-gated membership access.
Raising Funds with DeCir
DeCir gives web3 projects the opportunity to raise funds right from the very beginning. Better still, with DeCir, projects can expand their means of fundraising. DeCir offers the tools and infrastructure that enable projects to crowdfund. DeCir provides an avenue for projects to issue token-gated membership access.
The DeCir infrastructure provides a simple no-code interface through which projects can launch membership NFTs using a drag-and-drop interface. They will be able to simply attribute functionalities and benefits to NFTs. The NFTs can then be sold as memberships to users around the world. As a result, fundraising becomes more efficient and quick.
DeCir’s approach to fundraising eliminates the need to immediately list projects on an exchange. It gives projects a means to raise the funds that they need to scale their offerings and consolidate their value propositions.
Web3 fundraising creates a way for young projects to raise needed funds. DeCir’s approach thus takes web3 fundraising to a new level and lays the path to success for all projects looking to scale and grow in the fastest way possible.