Crowdfunding Framework

A crowdfunding framework is a structured process that allows individuals or organizations to raise funds by collecting small amounts of money from a large number of people, typically via online platforms. It involves defining a clear project or goal, setting a funding target and deadline, and then promoting the campaign to potential supporters. Supporters contribute financially in exchange for rewards, equity, or simply to support the cause. The framework helps organize, manage, and track these contributions, ensuring transparency and accountability. Overall, it’s a way to harness the collective power of a community to finance initiatives without relying on traditional funding sources.