Crowdfunding via Application of Non-Fungible Token (NFT) Distribution Model as an Alternative Source of Finance

Aslan Kamal (2022) Crowdfunding via Application of Non-Fungible Token (NFT) Distribution Model as an Alternative Source of Finance. Faculty of International Management and Business.

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Abstract

The main purpose and objective of this dissertation are to show a trending approach to crowdfunding via the application of blockchain technology and non-fungible token distribution. Using NFTs as a way of alternative finance brings two notions together: fundraising and gamification. With the application of blockchain technologies, a new way of crowdfunding is observed. Instead, techniques of integrating gameplay mechanics into non-game contexts such as behavioral interventions and motivation may be utilized to increase user engagement as well as the quality of work, and the results of the study can be reported using gamification in this context. In this study, the primary objective is to determine why the crowdfunding approach, and specifically its use for fundraising via cryptocurrency, is gaining more popularity than traditional financing techniques. Overall, it can be argued that non-fungible tokens are more productive than fungible tokens to a certain level and that this makes fundraising procedures more appealing for investor communities.

Institution

Budapest Business University

Kar

Faculty of International Management and Business

Department

Nemzetközi Gazdaságtan Tanszék

Tudományterület/tudományág

UNSPECIFIED

Szak

Nemzetközi Gazdaság és Gazdálkodás (angol)

Item Type:	Thesis (UNSPECIFIED)
Uncontrolled Keywords:	alternative finance, crowdfunding, decentralized autonomous organization, gamification, Non-fungible tokens
SWORD Depositor:	User Archive
Depositing User:	User Archive
Date Deposited:	2022. Oct. 11. 09:55
Last Modified:	2022. Oct. 14. 09:59
URI:	http://dolgozattar.uni-bge.hu/id/eprint/41705

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