Crowdfunding has significantly democratized the funding process for tech startups, allowing entrepreneurs from diverse backgrounds to access capital. Traditionally reliant on venture capital or angel investors, many innovative ideas were overlooked due to the limited networks of their founders. Crowdfunding platforms have opened up new avenues, empowering individuals worldwide to support and invest in projects and technologies they believe in. This change has led to a surge in creativity and innovation, enabling more ideas to come to fruition.
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