Crowdfunding
Crowdfunding is a way for individuals or organizations to raise money for projects or ideas by collecting small contributions from many people, typically via the Internet. It allows creators, entrepreneurs, or charitable causes to present their concepts on crowdfunding platforms, where interested supporters can contribute financially. This method not only helps gather funds but also builds a community of backers who share a common interest. Common examples include funding for new products, creative projects, or social causes, and it can involve rewards for contributors, equity stakes, or simply donations.
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Crowdfunding is a method of raising money for projects, businesses, or causes by collecting small contributions from a large number of people, typically via the internet. Individuals or organizations can present their ideas on platforms like Kickstarter or GoFundMe, where backers can pledge funds in exchange for rewards, early access to products, or simply as a donation. This approach allows creators to gather financial support without traditional financing methods like bank loans or investors, enabling innovative projects to come to life through community support.