DAISY Global | Lower Costs and Reduced Intermediaries fireflylisting.com
Decentralized crowdfunding also lowers the cost of fundraising. Traditional fundraising involves multiple intermediaries—investment bankers, legal advisors, and venture capitalists—each of whom takes a percentage of the funds raised. These costs can significantly eat into the capital available for startups, making it harder for them to achieve their goals. By contrast, decentralized crowdfunding platforms operate on blockchain networks that significantly reduce or eliminate the need for intermediaries, thereby lowering transaction fees.
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