Nanotechnology involves research and development that can be expensive and time-consuming. Traditional funding routes, such as venture capital and government grants, may not always be accessible or sufficient. Crowdfunding offers several advantages:
Accessibility: Provides an avenue for small and medium-sized enterprises (SMEs) and individual researchers to secure funding. Validation: Demonstrates market interest and demand for the project. Community Building: Fosters a community of early adopters and enthusiasts who can provide valuable feedback. Diversification: Adds an additional funding stream to complement other sources.
