Coinfluence: Unlocking Funding and Viral Exposure for Blockchain Projects
Coinfluence, the next-generation launchpad, is designed to give an unfair advantage to promising blockchain projects through strategic funding and viral exposure.
In the past, venture capitalists played tech ‘god’ and held keys to Silicon Valley or similar hubs. But this has changed, thanks to the young but innovative blockchain technology and its fundraising mechanisms.
Blockchain technology has changed the way new startups are structured and appeal to investors.
However, blockchain projects do not always take advantage of the new opportunities presented to them by the new technology. In most cases, it is ideal for development teams to carry their projects from ideation to implementation.
But without proper guidance, there is a tropical mix of reasons that could lead to the demise of an otherwise promising project.
Why Crypto Projects Fail
There is no universal reason why projects die prematurely, but here are the prominent ones.
Lack of Funding
Insufficient or lack of financial resources is one of the leading causes for blockchain projects or startups in general to fail.
New crypto projects need to have enough capital to build a minimum viable product (MVP) to showcase to investors to get funding. But what if the team does not have the money to get through this critical stage?
Seed funding is very important as it allows startups to get off the ground and generate enough momentum to attract serious funding for further growth and marketing.
Some founders can finance the project from their own pockets. The capital can sustain a project or startup to take baby steps. But further growth requires additional capital. It is at this point that some projects fail to meet their funding goals, and in the end, a good idea may be shelved.
Marketing and Exposure
The cryptocurrency industry is surely very young but the competition is very high. Some would argue that it is a race for those that can shout the loudest. This is not true but it speaks volumes about the importance of marketing and exposure.
Many crypto projects fail to navigate around appealing to the investors and building communities that help the development teams take their vision to the next level.
There is so much that needs to be done when it comes to crypto marketing. And something might go wrong.
However, a well-marketed crypto project is poised to succeed. Viral exposure has helped many projects find success.
Poor Project Management
Some projects have failed to make it big due to poor decisions. These kinds of mistakes are easy to make because some projects are led by brilliant developers or engineers who may not have the required leadership skills.
There are a host of factors that need to be addressed for a startup or project to be successful.
However, these three are very important:
- Marketing and exposure
- Project management
What then is the most viable solution to these challenges?
Coinfluence: The Key Funding and Viral Exposure for Blockchain Projects
Coinfluence is a next-generation launchpad that gives viral exposure to deserving blockchain projects. Its main premise is to fund new projects, give them the required exposure, and provide guidance where needed.
Exposure is very important for any kind of business, more so for blockchain projects that find themselves in a very competitive space.
Coinfluence is building a community of 100,000+ influencers that shine the light on projects with the potential to ‘moon’ in the future. This helps to focus on developing their ideas while Coinfluence builds communities for them.
It goes without saying that successful blockchain projects have strong communities behind them. This is one of the reasons the Bitcoin project has been such a success. Other projects to follow in the steps of Bitcoin are Dogecoin and a few others.
By building strong communities, Coinfluence aims to complement a project’s groundbreaking idea and help it find the success it needs through viral exposure.
And while this is a noble idea, Coinfluence realized that not all projects have enough funds to build an MVP that they can show to investors before getting funding.
To address this issue, Coinfluence added a seed fund to its ecosystem to help projects develop their ideas and get funding through crowdfunding.
Funding improves a project’s visibility and attracts attention from possible investors.
Last but not least, Coinfluence has a team of blockchain and business experts ready to give advice and guidance.
New and promising cryptocurrency projects need assistance with funding, exposure, and project management.
Coinfluence is a one-stop-shop that provides seed funding to deserving projects so that they can build an MVP to attract investors. Apart from funding, Coinfluence gives viral exposure and guidance to upcoming projects.
Coinfluence’s ecosystem consists of smart token investors, communities, influencers, and investors ready to market and invest in the next promising project.
Are you part of a new project seeking funding, viral exposure, and business guidance? Get in touch with Coinfluence today.
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