What is crowd funding??

Crowdcube is a leading investment crowdfunding platform where you can handpick the businesses you want to back and invest anytime, anywhere.
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What is crowd funding??

Post by Micro » Fri Dec 29, 2017 9:35 am

Crowdfunding is a method of raising capital through the collective effort of friends, family, customers, and individual investors. This approach taps into the collective efforts of a large pool of individuals—primarily online via social media and crowdfunding platforms—and leverages their networks for greater reach and exposure.

I want to know more about Crowd funding. Can anyone explain me in detail.

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Re: What is crowd funding??

Post by niveza » Tue Jan 09, 2018 10:25 am

Crowdfunding is the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet. Crowdfunding is a form of crowdsourcing and of alternative finance. In 2015, it was estimated that worldwide over US$34 billion was raised this way.
Although similar concepts can also be executed through mail-order subscriptions, benefit events, and other methods, the term crowdfunding refers to Internet-mediated registries. This modern crowdfunding model is generally based on three types of actors: the project initiator who proposes the idea and/or project to be funded, individuals or groups who support the idea, and a moderating organization (the "platform") that brings the parties together to launch the idea.

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