Can blockchain be a game changer when it comes to seed funding of start-ups?

Blockchain technology has made raising capital for start-up ventures a sheer delight by enabling seed funding at competitive rates. The fundraising of Ethereum in its pre-launch phase is a classic example of the successful flight of start-ups with the help of blockchain solutions. Let’s dive into the world of blockchain-based funding solutions for start-ups.

Blockchain’s role in the world of start-ups

Blockchain technology enables quicker execution of projects by eliminating intermediaries, thus allowing faster and hassle-free access to low-cost funds. Ethereum, the second largest cryptocurrency, is one of the most successful examples of blockchain-based funding through Initial Coin Offerings (ICOs). For the uninitiated, ICOs are to the blockchain space, what IPOs (Initial Public Offerings) are to the traditional market.