I am curious about this project. I haven't finished reading the Whitepaper yet but I think this is all about crowdfunding portal. As a newbie which is new to Blockchain and projects like this, how can it help me as a crypto individual and what are the benefits do I expect to gain with this ARIZN project? Kindly give me an overview of the whole project.
I haven't really gone through the Arizn's white paper.But basing on the title of the project,
"ARIZN-Tokenised Crowdfunding",it made me think how this crowdfunding be tokenised.Just the first
time for me to encounter such project.I do have the same questions like you, Unbiased.Be reading through
its WP to know more about it and I'm hoping to understand more through discussions here.
I made it easier for you. I checked the meaning of crowdfunding for you so you got to have a little background.
Crowdfunding is the practice of funding a project or venture by raising small amounts of money from a large number of people, typically via the Internet.[1] Crowdfunding is a form of crowdsourcing and alternative finance. In 2015, a worldwide estimate totaling over US$34 billion was raised by crowdfunding.[2][3]
Although similar concepts can also be executed through mail-order subscriptions, benefit events, and other methods, the term crowdfunding refers to Internet-mediated registries.[4] This modern crowdfunding model is generally based on three types of actors: the project initiator who proposes the idea or project to be funded, individuals or groups who support the idea, and a moderating organization (the "platform") that brings the parties together to launch the idea.[5]
Crowdfunding has been used to fund a wide range of for-profit, entrepreneurial ventures such as artistic and creative projects, medical expenses, travel, or community-oriented social entrepreneurship projects.[6] Some requests, such as those to pay for optional expenses, such as vacations, weddings, or cosmetic surgery, are widely derided as internet begging or cyberbegging.[7]
