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How to fundraise in Web3

cryptoweekly by cryptoweekly
March 3, 2025
in bitcoin, News
0

Web3 fundraising has evolved beyond the ICO boom. Today, securing investment requires a solid project identity, strategic business model and market demand.

If you were in crypto back in 2017, you might remember Centra Tech, a Miami-based company that conducted an ICO. The company claimed to offer a cryptocurrency-based debit card backed by major payment networks like Visa and Mastercard — but in reality, it had no operational product.

The Centra Tech founders

Despite being at the “idea” stage, Centra Tech raised over $32 million in its ICO and even secured endorsements from celebrities like Floyd Mayweather Jr. and DJ Khaled. 

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Recent Posts
  • Bitcoin must upgrade or fall victim to quantum computing in 5 years
  • Crypto isn’t ‘run from garages’ anymore: MEXC’s Tracy Jin on IPO boom
  • This UAE investment app combines crypto, stocks and commodities: Is it the future of finance?
  • 30 Bitcoin price top indicators hint at $230K bull market peak
  • Trump’s SEC scraps Gensler-era crypto regulation by enforcement proposals
  • Russian authorities bust truck-based crypto mine draining village power
  • CBDT probes crypto tax evasion in India

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