since arizn is a crowdfunding platform let me enlighten you guys on what benefits arizn has.
crowdfunding can serve as a marketing tool its a good way to introduce a ventures overall mission and vision to the market, as it is a free and easy way to reach numerous channels.
successful crowdfunding campaigns attracts potential investment from traditional channels and attention from media outlets.
Crowdfunding is an innovated way on how a certain project or company markets their product. It is usual in this industry because we are more on project and future outcome but because there is a lack of potential backers, many ICOs failed. That's why Arizn is here, because they want to give importance the crowdfunding alligned in ethereum blockchain.
Ahhh so arizn will provide funds to every failed project that connected to cryptocurrency, its like crowdfunding giving their a second chance to prove that they have what it takes to be successful, is it right?
What's the reason why many ICO project got failed, why they have to bring such projects that lack of strategy... If they already failed in thier debut, its not impossible that they still failed again...
There are contributing factors for failure of ICO projects. Based on what I understood in their WP,lack of transparency, fund mismanagement and unaccountability are some problems with CFPs that is why buyer's confidence in crowdfunding industry are lost. But with Arizn's platform, they help in giving solutions to those problems and help founders and backers achieve their success with their platform.
This is very nice. A project helping projects to be successful is a very good thing to do. ARIZN really have these characteristics which make it unique and do have high potential in terms of crowdfunding and helping people to invest even if they have little investment on their own.
this is a really amazing project.and i like how this is going well.but how about the disadvantages of crowdfunding?
its not necessarily be an easier process to go through compared to the more traditional ways of raising finance not all projects that apply to crowdfunding platforms get onto them
well,actually there's so many disadvantages that crowdfunding has.but lets look on the bright side when there is disadvantages there's also advantages,like ideas that may not appeal to conventional investors can often get financed more easily and your investors can often become your most loyal customers through the financing process.
A typical weakness of entrepreneurial companies is a lack of sales talent, other than the owner,
not to mention the lack of a formal sales strategy. If the company has a sales department that can
close deals and increase revenue while you are busy with other things (or on vacation)
investors will have much more confidence in your plan