Home Crypto Market Movers Revolutionizing Crowdfunding: Geyser Empowers Global Participation Through Bitcoin’s Lightning Network

Revolutionizing Crowdfunding: Geyser Empowers Global Participation Through Bitcoin’s Lightning Network


Since its inception in 2022, Geyser has quickly gained traction, amassing an impressive 50,000 contributors and facilitating donations totaling 30 BTC (equivalent to approximately $2,125,000 USD). What sets Geyser apart from its counterparts is its commitment to breaking down barriers that have long hindered the crowdfunding process for millions around the world.

Traditional crowdfunding platforms have long been plagued by issues such as stringent KYC/AML practices, high fees, and censorship. Moreover, the dominance of US sanctions lists has further restricted access to these platforms, effectively excluding over 80% of the global population from participating.

Traditional crowdfunding platforms have long struggled to bridge the gap between creators and backers, particularly during times of crisis or for innovative projects. With stringent KYC/AML practices, high fees, and limited payment channels, these platforms often exclude a significant portion of the world’s population, restricting participation primarily to North America and parts of Europe. Moreover, censorship and financial barriers further hinder the flow of funds to deserving projects, stifling creativity and innovation.

Enter Geyser, a game-changer in the realm of crowdfunding. By harnessing the power of Bitcoin’s Lightning Network, Geyser offers a seamless user experience and circumvents the limitations of traditional financial systems. Co-founder Mick Morucci envisions Geyser as more than just a platform for fundraising; it’s a testament to the potential of Bitcoin and open financial markets to empower individuals worldwide. With its modular and open approach, Geyser is paving the way for a new era of decentralized finance, where anyone, anywhere, can access the resources needed to bring their ideas to life.

Geyser’s impact extends far beyond its innovative use of technology. By embracing a culture of inclusivity and transparency, Geyser fosters a community where creators and backers can connect on a deeper level. Through peer-to-peer transactions facilitated by Bitcoin’s Lightning Network, Geyser eliminates the need for intermediaries, ensuring that funds reach their intended recipients swiftly and securely. Whether it’s supporting grassroots initiatives, humanitarian projects, or artistic endeavors, Geyser empowers individuals to make a tangible difference in the world.

As the global financial landscape continues to evolve, Geyser stands at the forefront of change, spearheading a movement towards a more equitable and accessible crowdfunding ecosystem. With its commitment to innovation and social impact, Geyser is not just disrupting the status quo—it’s redefining the future of fundraising. Join the revolution today and be a part of something truly transformative.

Recognizing these shortcomings, Geyser set out to revolutionize the crowdfunding landscape by leveraging the power of Bitcoin’s Lightning Network. This innovative approach not only ensures seamless transactions but also enables individuals from all corners of the globe to participate in and benefit from crowdfunding initiatives.

One of the key features of Geyser is its modular and open approach to crowdfunding, which fosters a culture of inclusivity and collaboration. Co-founder Mick Morucci emphasizes the significance of this approach, stating, “Crowdfunding is the first primitive—one that can scale and show the power of Bitcoin and the power of open financial markets.”

By harnessing the capabilities of Bitcoin and the Lightning Network, Geyser empowers creators and backers alike, providing them with a platform where ideas can flourish and dreams can become reality. Gone are the days of being confined by geographical boundaries or restricted by traditional financial systems. With Geyser, the world truly becomes a level playing field for crowdfunding.

As the global landscape continues to evolve, the need for inclusive and accessible financial solutions becomes increasingly apparent. Geyser stands at the forefront of this movement, leading the charge towards a more equitable and decentralized future.

In a world where innovation knows no bounds, Geyser is breaking down barriers and paving the way for a new era of crowdfunding—one where anyone, anywhere, can turn their vision into a reality.

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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