Rare Introduces the First Crowdfunding Platform in the Blockchain Space

Rare Introduces the First Crowdfunding Platform in the Blockchain Space
Rare Introduces the First Crowdfunding Platform in the Blockchain Space

Rare FND – First Crowdfunding Platform in the Blockchain Space.

Dubai, UAE, Aug. 01, 2022 (GLOBE NEWSWIRE) — Crowdfunding is now the modern way to raise money that can help startups, non-profits, charities, researchers and individuals raise millions of dollars worldwide every single year.

Once a project plan is defined and the project has a fundraising goal to reach, the campaigner needs to find the best crowdfunding platform to help them reach their goal and make their goals a success.

That’s where Rare FND can help! Rare FND adds a new approach to crowdfunding that has yet to be seen in the valued $20 billion crowdfunding sector.

Where traditional crowdfunding platforms take a commission on all funds raised, Rare FND actually pays projects that use their platform for their crowdfunding campaign. Not only that, but it’s free to contribute or donate on Rare FND, while traditional crowdfunding platforms charge a fee for the end user.

The Power of Crypto for Crowdfunding

There are 1000’s of crowdfunding platforms worldwide, but none of them take advantage of what the blockchain has to offer.

That’s what sets Rare FND apart from the rest of the ever-growing market.

Using the FND tokens set aside for staking, Rare FND uses automated staking to help crowdfunding campaigns reach their goal faster. With 240% APY on all donations and contributions, it means crowdfunding campaigns are rewarded for using the Rare FND platform. This incentive will see non-profits, startups and more flock to use the Rare FND platform instead of the traditional crowdfunding platforms that exist today.

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Using this new approach also means that the end users can also be rewarded. If a crowdfunding campaign did not reach its goal, all end users who contributed or donated would not only be refunded their FND token, but they would also receive the rewards generated from their efforts.

NFT Fractionalization in Crowdfunding

Most crowdfunding campaigns run worldwide are reward or incentive-based campaigns. Campaigns may add a series of rewards to encourage end users to contribute to their campaign, with the value of each reward increasing proportionally to the amount contributed.

Rare FND adds a new layer of delivery to the solution that also targets this area of ​​the market. Through the use of NFTs, end users receive promotional NFT as a fractional NFT. Encrypted in each individual NFT faction is the incentive as an offer for the campaign. These NFTs can then be traded on the Rare NFT Marketplace at ratbits.com

Earning to increase the FND Token price

When a crowdfunding campaign is completed and the goal is reached, the disbursement of funds is done through a diligent, planned accrual process. This means that the entire amount collected in the FND token cannot be sold at once, which has a negative impact on the chart.

For a campaign to be approved on the Rare FND platform, it must first go through a rigorous review. This means that a detailed project plan must be submitted that includes how the collected funds will be used, and the timeline for when the funds will be used. Not only does this timeline give contributors confidence that the project has been well planned, but it also provides an earnings plan for the FND to be released after the success of a crowdfunding campaign that reaches its goal.

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Using a multi-signature process, the project must also prove that each milestone has been met before the next round of funds is released.

Reach the main market

The Rare FND platform has many advantages that anyone can benefit from even if they have no interest in cryptocurrency.

Rare FND allows fiat payments on its platform for those who don’t know how to buy FND tokens on Pancakeswap or on a central exchange. Using its innovative technology, FND is purchased in the back-end, while a crypto wallet is created for the end user and linked to the user’s email. When the NFT is distributed, the user will receive their reward by email.

Partnership

Rare FND’s parent company, The Rare Antiquities, already has many key partnerships in the area, with many more to be announced in the coming weeks.

With each partnership comes new marketing opportunities and more exposure for the Rare FND platform.

As is the case with any crowdfunding campaign, in order for it to be successful, a large amount of marketing is required before the crowdfunding campaign starts, and throughout the campaign’s run.

With the incentives Rare FND can give to projects, it’s only a matter of time before it becomes the biggest platform in the crowdfunding sector.

How to buy FND

The rare FND token will launch on Pancakeswap on Monday, August 1, 2022.

Website: https://rarefnd.com
Telegram English: https://t.me/RareFnd
Telegram Chinese:

Disclaimer: There is no offer to sell, no solicitation of an offer to buy, and no recommendation of any security or other product or service in this article. This is not investment advice. Readers are encouraged to do their own research.

Media contact:

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Contact name – Ryan Howells, Managing Director

Company Name – Ratbits NFT Marketplace DMCC Crypto Center Dubai

Company Email – [email protected]

Location – Dubai, United Arab Emirates

Newsroom: socials.submitmypressrelease.com

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