crowdfunded initiatives

Crowdfunded initiatives are projects or causes that raise money from a large number of people, usually via online platforms. Instead of seeking funding from traditional sources like banks or investors, creators present their ideas to the public, who can contribute small amounts. This method allows supporters to directly fund and support projects such as new products, creative works, or social causes. Successful campaigns often offer rewards or incentives to backers. Crowdfunding democratizes funding, enabling innovative ideas to gain financial support without relying on conventional channels.