Startups
Bringing startup visions to life on Geyser
Last updated
Bringing startup visions to life on Geyser
Last updated
Startups are increasingly choosing crowdfunding as their preferred method of raising capital, and compelling reasons abound. First, with interest rates skyrocketing, the cost of borrowing has become extraordinarily burdensome for early-stage companies. Crowdfunding offers an attractive alternative, allowing these nascent companies to gauge market interest without taking on debt or diluting their equity.
The most forward-thinking of these companies are taking this idea to the next level by leveraging Bitcoin crowdfunding platforms like Geyser. By using Bitcoin, they realize significant savings in transaction fees and open their fundraising efforts to a global audience, welcoming support and pre-orders from every corner of the globe.
is the most successful project on Geyser to date, having raised more than 3.5 bitcoins (as of March 2024). Reasons for its success, besides the product's ease of use, include:
was able to get the company off the ground by successfully raising nearly 2.5 bitcoins. In addition to a unique product, the reasons for their success were:
Although the (OPA) campaign cannot be considered a success, it was an important milestone for OPA to validate the idea and gauge market interest. Thanks to the validation that came from crowdfunding, they then invested more in the idea and execution, which was the right decision given the success that OPA has had since.
For more on this topic, see our for how to write a great Story
That said, are not just fundraising goals; they are storytelling tools. Use them to keep your audience engaged and invested in the project's progress.
For more information, see our deep-dive tutorial on
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