Crowdfunding Now Bigger Than Ever Due to Blockchain
Crowdfunding, a popular way to finance new businesses, has definitely made its mark in the crypto industry with the launch of numerous ICOs, which have raised billions of dollars. Of course, there have also been a large number of scams orchestrated under the guise of ICOs. However, this article will focus on the positive aspects of crowdfunding and its role in the crypto and blockchain space. One well-known contributor and expert in the crowdfunding and blockchain consulting industry that I know is Samson Williams.
Recently, Samson, who has considerable experience working in fintech, officially joined the the Real Estate and Education committees of the Crowdfunding Professionals Association (CfPA). CfPA is a US-based non-profit organization where Samson plans to educate and spread awareness among businesses on the potential benefits of crypto and blockchain-based technologies. One of the crowdfunding expert’s goals will be to make it a lot simpler and more efficient for companies to raise funds. Samson also intends to bring more transparency to the crowdfunding process.
Crypto Needs More Educators
As a writer and editor, I am also constantly recruiting new people from all parts of the world and “breaking them in” to the rapidly evolving crypto space. So now, it has become part of my job to teach people how to start writing about cryptocurrencies and blockchain technology, in addition to showing them how to use digital currency wallets and software related to drafting articles on cryptocurrencies. Similarly, Samson Williams is another hardworking teacher and mentor who travels throughout the world to deliver lectures and seminars on fintech and crowdfunding.
Recently, Samson was in Dubai and the larger Middle East region, a place I am quite familiar with as well. While in Dubai, Samson was constantly speaking to and interacting with many experienced fintech professionals, as documented on his LinkedIn page. You might think that it would require a lot of technical expertise and maybe even a degree in computer science to be able to contribute to the crypto and blockchain industry. However, that’s not the case. Literally everyone can and should get involved.
Why Should I Get Involved With Crypto?
Crypto and blockchain are obviously not the only cutting-edge technologies out there. There’s also the rapidly developing robotics and artificial intelligence world. So, learning as much as we can about them will only help us be more informed as we move forward. Also, learning about cryptocurrencies and their underlying blockchain technology is very important as well. That’s because major financial institutions such as Bank of America (which has already acquired many crypto-related patents) have dedicated a lot of resources toward studying and maybe even developing products that could become a part of this nascent ecosystem.
So how can everyone join this movement? Well, just like many other industries out there, crypto and blockchain need experts from just about every field. We need people who are formally trained and experienced in working with the psychological aspects of crypto, like Samson Williams. So, if you are also an experienced counselor or psychologist, you may be able to contribute to the crypto space. One way would be to study the psychological factors involved in cryptocurrency trading. Some people claim that trading bots are superior to human traders because emotions can make us act illogically. But others could argue that there’s no replacement for human intelligence because it is capable of much higher-level and original thinking. And in my opinion, they’d be right.
In addition to requiring people who understand the human element behind crypto, we also need legal experts. And, there are already a number of well-know lawyers, such as World Economic Forum’s Sheila Warren, who have begun to specialize in crypto-related legal and social issues. This is also a great time to get your kids involved in crypto. It’s still early days for crypto and blockchain as many compare it to the “dial-up” or even 1960s stage of the internet. Just the way you began using the internet and now can’t live without it, one day we might not be able to live without crypto…just think about that!