Journal of Web Engineering & Technology

Emerging Trends in Web 3 Crowdfunding Platforms: A Comprehensive Analysis

  1. Sumant Hemant Jadhav
  2. Ayush Sunil Chaudhari
  3. Hitesh Govind Mali
  4. Gagan Pradeep Malligawad
  5. Prajakta Jadhav

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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