Fundrs is a platform that operates based on the principles of participatory capitalism. The platform shifts the functions of validation, rating, and governance of a centralized funding entity to the collective input participants of the ecosystem. The Fundrs Protocol aims to provide a decentralized infrastructure allowing blockchain-based projects and traditional startups, called “Seekers”, to receive funding from the platform’s users.
As the platform develops, additional forms of financing such as convertible loans and peer-to-peer lending will be added to the platform's offerings. The Fundrs platform is designed to be decentralized with the aim of gradually shifting the governance powers to the Decentralized Autonomous Organization (DAO) controlled by a collective of the most reputable users voted in by the community.
Fundrs is a unique platform that aims to decentralize the traditional funding model. By shifting the functions of validation, rating, and governance to the collective input of the ecosystem's participants, Fundrs provides a new way for blockchain-based projects and traditional startups to receive funding. The platform's offerings will also include additional forms of financing such as convertible loans and peer-to-peer lending, further expanding its reach.
Fundrs is built on the principles of participatory capitalism, where the community's input is valued, and the governance powers gradually shift to the Decentralized Autonomous Organization controlled by reputable users voted in by the community. This ensures that the platform remains decentralized and governed by the community's best interests.
Overall, Fundrs offers a unique solution for startups and projects looking for funding while providing an opportunity for the community to participate in the funding process actively. Its decentralized nature ensures a fair and transparent process, making it a promising platform for the future of funding.
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