Published on August 31st, 2015 | by bitcoin0
Modern Crowdfunding Calls for Modern Platforms
CoinTelegraph spoke with Ram Budime, the Business Development Manager of Gok!llo, a new bitcoin-powered crowfunding platform, on their innovative approach to crowndfunding, why volatility isn’t a concern, and why platforms such as Kickstarter and Indiegogo aren’t suitable for modern crowdfunding.
Gok!llo is a crowdfunding platform that uses bitcoin as a cheaper alternative to traditional payment methods increasing security and reducing costs for project originators.
RB: Gok!llo is a fantasy name that means “Go and be successful with our killer application!”
Gok!llo might appear more expensive than some other competitors like Kickstarter or Indiegogo, which apply a commission of 5% and 4%, respectively.
What kind of impact can this have on established players like Kickstarter and society as a whole?