Application of Blockchain Technology on Crowdfunding

The idea of using blockchain technology for crowdfunding is still very new. With the growth of blockchain technology and the introduction of initial coin offerings (ICOs), the crowdfunding application has exciting prospects and tons of room for innovation and expansion. Decentralized dapps won't become widely known and accepted by the community for several more years since the world is still adjusting to blockchain and bitcoin technologies. Blockchain-based crowdfunding applications are challenging for everyone to understand in a scenario like this. A decentralized crowdfunding application has a bright future and considerable potential for innovation and development with the growth of blockchain and the introduction of ICOs.