Bitcoin is global money, enabling financial collaboration between regions where it was either impossible or very costly before.
At
@nprofile1q... we have first-hand insight into these flows when it comes to crowdfunding. Let's check some stats:
50% of the funding that takes place on the platform is cross-regional.
56% of funding was received by projects launched in countries not served by traditional crowdfunding platforms.
Over 90% of the funding received by projects on the African continent was sent from other regions.
The best part? All of these transactions were received instantly, and at very low fees thanks to Bitcoin and the Lightning network.
Crowdfunding is a very powerful financial tool for change and impact. In 2022, we launched with a thesis that this tool needs to be accessible to everyone, regardless of their access to banking.
Impactful ideas can be born anywhere in the world, and connect with anyone around the globe.
Today that thesis has been validated, and we believe it's just getting started.
Money that flows freely and globally creates collaboration on a scale never possible before, between sovereign individuals, in peer-to-peer and grassroots fashion.
It does not make the headlines like governments and public companies adopting Bitcoin, but there is a silent revolution taking place in financial inclusion, and it is powered by Bitcoin.
