rewards-based crowdfunding models

Rewards-based crowdfunding is a funding method where individuals contribute money to support a project or idea in exchange for non-financial incentives. These rewards can range from early access, exclusive products, or recognition, depending on the amount contributed. It’s commonly used by creators, startups, or entrepreneurs to gather capital while providing supporters with tangible or experiential rewards as a thank-you. This model relies on community interest and trust, enabling innovative projects to launch without traditional funding sources like banks or investors.