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Crowdfunding is becoming a common practice of funding communitybased projects, in which blockchain technology plays a key role in managing most aspects, from financial to organizational elements. Blockchains are effective means for issuing crowdfunding tokens and managing financial flows within a community. This is an area in which using decentralized solutions is beneficial and centralization brings little to the table.
ICO: Initial Coin Offering
DAO: Decentralized Autonomous Organizations