The Potential Benefits And Limitations Of Digital Transformation In Crowdfunding Platforms

Digitalization refers to the increasing amount of data available on the internet, resulting in the digital revolution. This integration can enhance a firm's competitiveness and performance by offering virtual services and ope-rationalizing operations management firms. However, funding remains a major challenge for entrepreneurs and project carriers. Traditional funding mechanisms have proven effective in supporting small and medium-sized projects. The digital revolution has led to the development of new funding platforms like Crowdfunding, focusing on platforms as a facilitator for finance access. This study aims to explore the trends in crowdfunding and the benefits and limitations of Digital Transformation in Crowdfunding platforms for Startups and fund seekers.