Crowdfunding Tips For your next project.
Crowdfunding is the practice of funding a project or venture by raising monetary contributions from a large number of people, today often performed via internet-mediated registries, but the concept can also be executed through mail-order subscriptions, benefit events, and other methods. Crowdfunding is a form of alternative finance, which has emerged outside of the traditional financial system.
The crowdfunding model is 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.
In 2013, over $5.1 billion has been raised via crowdfunding worldwide. source: wikipedia
Crowdfunding for a project or a cause can be a very rewarding process if you include the essential ingredients for success. The increasing amount of noise on the internet it can be hard to get noticed. FundRazr created an infographic on how to get your fundraiser noticed, this includes crowdfunding tips for activating your community and how to generate buzz for your campaign. Hope this infographic about crowdfunding tips below will help you towards the success of your next crowdfunding project.