Emerging Trends in Web 3 Crowdfunding Platforms: A Comprehensive Analysis

Authors

  • Sumant Hemant Jadhav Student, Department of Computer Engineering, Vishwaniketan's Institute of Management Entrepreneurship and Engineering Technology (ViMEET), Raigad, Khalapur, Maharashtra, India
  • Ayush Sunil Chaudhari Student, Department of Computer Engineering, Vishwaniketan's Institute of Management Entrepreneurship and Engineering Technology (ViMEET), Raigad, Khalapur, Maharashtra, India
  • Hitesh Govind Mali Student, Department of Computer Engineering, Vishwaniketan's Institute of Management Entrepreneurship and Engineering Technology (ViMEET), Raigad, Khalapur, Maharashtra, India
  • Gagan Pradeep Malligawad Student, Department of Computer Engineering, Vishwaniketan's Institute of Management Entrepreneurship and Engineering Technology (ViMEET), Raigad, Khalapur, Maharashtra, India
  • Prajakta Jadhav Assistant Professor, Department of Computer Engineering, Vishwaniketan's Institute of Management Entrepreneurship and Engineering Technology (ViMEET), Raigad, Khalapur, Maharashtra, India

Keywords:

blockchain technology, Web 3 crowdfunding platforms, ecosystem, small-and medium-sized enterprises (SMEs), Web 1.0, Web 2.0, Web 3.0

Abstract

The transformation of crowdfunding through the integration of Web 3 blockchain technology. It analyzes the limitations of traditional crowdfunding systems, including centralization, lack of transparency, high fees, and limited accessibility. The paper delves into the innovative features of Web 3 blockchain-based crowdfunding, such as decentralization, transparency, smart contracts, and global accessibility. It examines current literature and research discoveries to offer perspectives on the advantages and difficulties associated with this method. The survey paper aims to offer a comprehensive understanding of the potential impact of Web 3 blockchain on the crowdfunding ecosystem.

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Published

12/21/2023

How to Cite

Jadhav, S. H. ., Chaudhari, A. S. ., Mali, H. G. ., Malligawad, G. P. ., & Jadhav, P. . (2023). Emerging Trends in Web 3 Crowdfunding Platforms: A Comprehensive Analysis. JOURNAL OF WEB ENGINEERING &Amp; TECHNOLOGY, 10(3), 15–22. Retrieved from https://stmcomputers.stmjournals.com/index.php/JoWET/article/view/724

Issue

Vol. 10 No. 3 (2023): Journal of Web Engineering & Technology

Section

Review Article