What Is Crowdfunding

Oct
31

What Is Crowdfunding

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What is Crowdfunding?

Essentially, the “gathering of a crowd” for monetary support.

Publicly raising small amounts of money from a large number of people. Online platforms provide a way to reach backers who are interested in financing businesses, projects and ventures in a public forum.

Crowdfunding is one method of raising funds through friends, family, customers, small individual investors.

This is a rapidly growing technique used as an alternative to traditional bank loans. No indications of slowing down is in the near forecast.

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