Crowdfunding (e.g., Kickstarter)

Crowdfunding is a method of raising money for a project or venture by collecting small amounts of funds from a large number of people, typically via online platforms like Kickstarter. It allows creators—such as inventors, artists, or entrepreneurs—to present their ideas to the public, who can then choose to contribute financially if interested. This approach not only provides funding but also helps gauge market interest and build a community around the project. Successful campaigns often offer rewards or incentives to backers, aligning their support with the project's development and eventual launch.