)
Before i proceed, i'll first of all throw some shades on the definition on crowdfunding, since that's what this project is all about. Way back, it was very difficult and laborious when it comes to fundraising. Well all thanks to this modern technology, innovation, tycoons, financiers, founders and dreamer where difficulties are are made very easy and fast like the speed of light. Therefore, for this reason, the fundraisers literally can save their time on how the project is being controlled, this will be the job of the project owners and team. Although there's still no harm if they truly wish to commit their time and energy in the building of projects. One might still be asking what ''Crowdfunding" is still all about;
Crowdfunding, in other words could also be a donation, it's a donation in the sense that the two parties literally don't need any middlemen between the two parties respectively. Unlike other crowdfunding where there are middlemen, Fundition can function appropriately without any middlemen or brokers.
This concept also connotes that, there is absolutely no need for brokers any longer. For some few months now since the birth of [Fundition](https://purplepaper.fundition.io/), a lot of projects have been properly rewarded and fund-raised. Some of the projects being rewarded by Fundition here on the blockchain includes
Fundtion, has supported a lot of projects present on the steem blockchain, and many others that weren't listed above. With the relentless spirit and love being shown by the Fundition team, there has been a rapid growth of active and valuable projects on the steem blockchain, i literally can't estimate the number of projects the fundition team has been supporting, but i can boast of over 20 active projects being supported by the team. This left some individuals deciphering if the project will last long or even grow more, but the truth is projects like this that assists other projects will be very difficult to fade easily.
Crowdfunding
Right from the beginning of humanity, there have always been donors, founders and inventors. Most of them brought up some exclusive and a magnificent idea that has stayed for years even till now, while others had the idea and the idea dies with them without being fulfilled. But at times, most ideas from individuals dies as a result of lack of funds needed to execute that idea. If we check very well from history, we'll discover that those who had the idea about the projects are left with little income, reason is since they have no funds to execute that plan they search for investors with the funds needed to execute that plan. This then makes the holders of the capital earn a large portion from the idea leaving the founders with little return for their idea.
This is another reason why it's advisable to always have your lawyer each time you're signing a deal.
Results driven projects often fail because the creative feels like they are working for someone else rather than themselves. All creatives understand that through the development of the idea that other opportunities and paths are discovered which often lead to better products and projects, however the investor wants a fast return on their investment, leaving the developer no option than to close off innovation to meet the targets set by the investor.
For more information, please kindly watch this video below;
For more information and resources
Fundition website
Thanks for reading my post, stay tune for more projects