Blockchain crowdfunding and crypto tokens as the future of content monetization

By Stan Peterson
Published November 3, 2021 Updated November 11, 2021

Blockchain crowdfunding and crypto tokens as the future of content monetization

By Stan Peterson
Published November 3, 2021 Updated November 11, 2021

Fundraising has been around for as long as people have been kickstarting their businesses. Even if your startup idea sounds incredible on paper, you might struggle to find support from banks, government grants, and even regular peer-to-peer loans.

On top of that, when dealing with fundraising in the traditional matter, there are many legal quandaries to consider in case you want to crowdfund your idea: legal registrations, hiring of consultants, licensing, vicarious liability, and a myriad more issues.

We know crypto is here to stay, and many consider it the perfect intersection of tech and finance, providing both the public and private sector with hugely disruptive and empowering premises, with aspects of the blockchain that have far-reaching potential in many areas. The systems that hold cryptocurrencies in place possess a number of attractive attributes for the banking and financial services market. These systems operate as decentralized networks that do not require a central server and are resilient enough to not have a single point of failure. 

The functionality of the blockchain is also inherently transparent and operates with a high degree of confidence, all changes are visible by all parties, and transactions cannot be reversed or re-sequenced. So, why not deploy such technologies to ease your way into realizing your long dreamed project or give life to that spur-of-the-day idea?

Decentralized fundraising through tokenization is the main idea behind MintMe.com, a platform that allows content creators to create a coin that represents their brand or idea, and allows them to crowdfund their projects or services without having to worry about off the chart investments, nor having to tie themselves to the usual bureaucracy related to borrowing loans, every time their bulb lights up with a genius new idea.

The service provides an opportunity for people to create a crypto token, or instead, purchase tokens with the brand of their favorite content creator and receive a digital representation of their investment, which they can later sell and trade on MintMe’s own blockchain. Potentially creating a symbiotic relationship between the content creator and their audience, both benefiting from the long-term success of said token.

Entrepreneurs seeking funding through crowdfunding always believe they have come up with an original and revolutionary service or product, but in practice, struggle to find the public who could find such products or services appealing. The platform of MintMe also allows you to interact and get to know your supporters through their social features, this way you could offer value based on the people’s opinions, reviews, and comments about your proposal, services, or ideas.

Personal monetization and mutual support are the bases that build this service. Blockchain crowdfunding is not just another fundraising method in which people gamble their money away or blindly toss it towards an internet personality they like, it instead presents an ecosystem in which people could give on their own terms, and in exchange, become holders of a token that can regain value, or even create a coin for themselves. MintMe strives to promote their service as a mutual exchange and aims to distance themselves to be labeled as a social-support system like those who are in vogue nowadays.

Putting into practice a new and revolutionary idea is difficult, and getting the public to trust on such a platform and start using it right away might seem like a tall order, but the concept behind MintMe is already growing rapidly and presents us with a very enticing idea, the idea of a decentralized way of crowdfunding that would benefit the token creator with quick and bureaucracy free methods of funding their ideas, and also give their supporters ways of investing and putting their trust on what they assure is valuable and would potentially profit from it.

Disclaimer The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Stan Peterson
756 Articles
Being an active participant in the Blockchain world, I always look forward to engage with opportunities where I could share my love towards digital transformation.