Lack of funder confidence : The crowdfunding industry is largely unregulated worldwide and is fraught with mismanagement of funds and false campaigns.
I totally agree on the trust issue of the funder or investors because most of the fast ICO are mostly scans and fraud.
Yes most of the crowdfunding industry is unregulated which result to mismanagement of funds and false campaign. Arizn solve this problem through transparency,liquidity and accountability which are the core principle of Arizn.
Well, I think that is the reason why ARIZN was created. To make a platform that will really standardize the process, make it transparent and more reliable especially for investors that are planning to invest through crowdfunding.
I agree with you. Arizn facilitates people's crowd fundraising.Challenges in dealing with so many people, the
security of their payment,keeping track of every contribution can be solved by Blockchain with it.This gives
everyone transparency and trust in the fundraising process.
One of the reasons why investors are afraid to participate and invest with any project it's because they're lack of security, even someone who doesn't know if his/her money have a guarantee that it will not be a victim of frauds and then they will not take a risk to invest with it...
Investors want to see someone who is extremely excited about their ideas.
Make sure you convey enthusiasm when youre pitching your startup to people.
Youve got a strong business plan and you know your business model works,
but do you know how much your company is actually worth.