You wrote. "The SCC platform provides a clear path to safe, secure investment and campaign development. We use existing crowdfunding best practices, as well as transparency, supported by Blockchain, to create a clear process." What is crowdfunding?
Dear Dzkrb1966
We are not entirely sure about your question. If you are actually asking for the definition of "crowdfunding", then we rather forward you towards https://en.wikipedia.org/wiki/Crowdfunding
When you are referring to crowdfunding to be already such a solution, then we need to add that in several platform providing crowdfunding, atleast where the team members took part - it was more like all or nothing game. Few of them are still waiting for projects/products to be delivered since 3 years.
You fund a project in that you believe and either it goes well or the fund is gone in short or longterm. And once a project goes well, as backer you will have something as prove in your hand but the idea you supported might have a huge impact and you can’t participate in the success. So it leaves sort of a mixed feeling for a backer.
With SCC platform we want “crowdfunding” to be a process which can become a genuine alternative to VC again, nowadays crowdfunding is regarded as a “bad word” or something sketchy in several countries. And related to experience the founders had, we want also the backer who believes in a project by providing help/fund in initial period of the project to participate in the success which can be solved in a transparent way using distributed ledger technologies.
That is what we mean be using crowdfunding best practices, as well as transparency, supported by Blockchain.
So hope that answers your question, but if not, please write us back again for further explanation.
Kind Regards,
SmartContractChain Customer Service
