Advantages of NFTs Fundraising
There are key advantages of NFTs fundraising which made CRAFT-I chose this method:
Lower Barriers to Entry: Any investor can participate whether they have a small or huge amount of money unlike the traditional fundraising.
Fair & Exciting: When the investors initially bought the NFTs at the same price altogether, the rarity of NFTs will be revealed when all the target NFTs have been sold. Therefore, if investors get special rarities, their NFTs have a higher price and can be sold on secondary market.
Community Marketing: NFTs investors who actively engage in the project could talk to other people about CRAFT-I so as to raise awareness and potentially increase the momentum and hype of the project leading to more new engagement.
Liquidity & Flexibility: NFTs can be easily traded on secondary markets, offering investors potential liquidity and SMEs the possibility of raising additional capital.
By leveraging NFTs and CRAFT-I's platform, SMEs in Cambodia can overcome traditional fundraising challenges, access a wider pool of capital, and build stronger connections with potential customers and supporters, ultimately accelerating their growth and contributing to the nation's economic development.
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