According to Bloomberg, Fight Fight Fight LLC, the issuer of the Trump-branded memecoin, is in talks to acquire the U.S. business of crowdfunding platform Republic. If the deal goes through, the token could see expanded use in startup fundraising and payment applications. Republic has previously received investment from Galaxy Digital and Binance’s venture arm. https://t.co/m6e8LeP10p ...

Core Insights - GoFundMe's CEO Tim Cadogan highlighted a significant increase in crowdfunding for groceries, indicating a troubling economic reality for many Americans [1][2][4] - The shift from emergency campaigns to everyday essentials reflects the impact of persistent inflation and rising living costs on household budgets [3][6][7] Economic Context - Many households are facing challenges such as high inflation, increased borrowing costs, and limited financial reserves, leading to a need for alternative support systems [3][5][8] - The rise in grocery-related campaigns on GoFundMe serves as a barometer for the current economic climate, particularly for younger and lower-income households [7][8] Changing Nature of Crowdfunding - Traditionally associated with medical expenses and disaster relief, GoFundMe is now seeing a shift towards funding basic necessities, marking a significant change in user behavior [4][5] - The trend indicates that conventional coping strategies, such as trading down brands and delaying expenses, are no longer sufficient for a growing segment of the population [5][6] Financial Strain on Households - Elevated prices for groceries, rent, and childcare continue to strain household budgets, even as overall inflation rates show signs of cooling [6][7] - The financial pressures are exacerbated by rising delinquency rates among younger borrowers and the resumption of student loan repayments, pushing some to rely on crowdfunding as a last resort [8]

RT Indie.fun (@indiedotfun)$1,000,000+ Raised for Indie ProjectsInfinite Dev Hours and UX IterationsSlowly becoming @solana Go-To Crowdfunding Platform for Indie Developers 🫡This is how you go from 0 to 1 🫵 https://t.co/QLsbAK5jIM ...

Crowdfunding is reshaping Pakistan's grid, writes @davidfickling. It offers a model that could transform similar fast-growing, energy-poor countries (via @opinion) https://t.co/5NiqvaM15x ...