Using CryptoCurrency to Crowdfund Public Projects?

What is happening? People are talking about the democratization of the municipal market. If people can buy municipal debt at amounts lower than $5K, say $100, you’ve crowd funded municipal debt. We’ve talked this space about Berkeley CA talking about issuing micro bonds relying on blockchain.

Why does this matter? China is already democratizing debt by offering 70 billion Yuan in microbonds.

Route Fifty | How Cryptocurrency Could Help to ‘Crowdfund’ Public Projects