Often such fees are quite expensive and could be used by the creators to actually move their project forward.

Another problem is the fees taken by such platforms. The project can also be at risk if they happen to disagree with often ambiguous terms of service. When it comes to using Crowfunding platforms one of the main issues is the level of control exercised by those profit-motivated platforms: Often the platform acts as a gatekeeper, reinforcing rules that may sometimes be arbitrary or even detrimental to creative projects. The problem is that crowdfunding through crowdfunding platforms has many pain points that may get in the way of the successful deployments of brilliant, disruptive ideas. It enables the process of investment to be democratized and let anyone invest and contribute to innovative projects they are interested in. It is undeniable: crowdfunding platforms give unprecedented opportunities to creators and make it possible to finance projects that would have been otherwise neglected and/or undervalued by traditional investors. In 2018, The crowdfunding market size was valued at 10.2 billions dollars and was set to almost triple by 2025. About is no secret that Crowdfunding hold a tremendous potential in helping entrepreneurs and creators in pushing their projects forwards and gathering much needed financial resources.

Coinkeeper 3