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Crowdfunding is a method of collective funding that has been made available to a wider population thanks to the development of the Internet and online [Read review...]
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Crowdfunding is a method of collective funding that has been made available to a wider population thanks to the development of the Internet and online payment processing.
Crowdfunding is used to financially support a wide range of funding campaigns and individuals who require money to start certain ventures, including software developers, business startups and even scientific research projects or inventions.
A crowdfunding project relies on a large pool of individual investors who are allowed to contribute until an initial investment goal is met.
There has been a lot of work done recently to improve the efficiency and availability of online crowdfunding solutions, with sites like Kickstarter leading the way and popularizing this new age fundraising method.
Crowdfunding initiatives usually don’t provide the individual investors any dividends due to restrictive investment laws, but there are already legislations in the works that aim to change that.
Besides the financial gains, crowdfunding also offers many additional benefits, such increasing the exposure of commercial products, measuring interest in a particular invention or fleshing out new business ideas with useful feedback.
Crowdfunding campaigns are typically started by people who want to avoid outside creative oversight of their projects that would come with being financed by a single large investor.
For ideas that are usually too much of a risk to large investors, crowdfunding can become the only way of securing the required financial backing and entering a full development stage.
Actor and director Zach Braff of Scrubs fame recently launched a highly successful crowdfunding campaign on Kickstarter, aimed to finance his upcoming independent film Wish I Was Here, as well as offering access to a live video diary and other bonuses to all contributors.
The opportunities presented for both fundraising and small business capital raises through crowdfunding are likely to make this a game changer for individuals, not for profits and small business. We look forward to continuing to follow the crowdfunding industry over the next few years as this industry matures. Many state governments, with the help of lawyer-lobbyists, are embracing crowdfunding as a supplement to local taxing for municipal projects.
Crowdfunding Sites
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Reviews of crowdfunding sites like Kickstarter, Indiegogo and GoFundMe
Crowdfunding Website Reviews provides information on the best crowdfunding sites and service providers. Ranking and reviewing since 2012. Campaign creators can place a free ad to promote your crowdfunding campaign on our homepage. We encourage platform owners to contact us with new information.
You've got an idea, project, cause or business that you've poured your whole heart in to. You're irrevocably passionate, but faith can only take you so far. Thanks to the alternate universe known as cyber space, you’re never too far from someone that shares your convictions. Better yet, they may be willing to dig deep into their pockets to help you achieve your goal when it may have seemed like all was lost.
Crowd funding sites are on the rise and are a fantastic option for helping you raise the dough for the project you believe in, but haven’t been able to get off the ground. You wouldn’t just give your money away to a stranger, so consider turning the tables and really investigate which site is right for you to gather funds. There’s a plethora of options out there, so choosing one in the ever growing sea of websites can be daunting to stay the least! But there’s hope! Like the strong beam of a lighthouse, reviews site ‘Crowdfunding Website Reviews’ will guide you safely through the stormy waters of the crowdfunding world.
This “does exactly what it says on the tin” review site delves right into its top featured examinations as soon as you land on the homepage, no messing around. Did you know there could be this many sites available to you? Well fear not, all reviews are broken down into easily digestible sectors and held at the top in clear, concise tabs making this site one easy place to navigate. From niche crowdfunding sites, to all the top players in the game, you’ll be able to find the perfect fit. Each review comes with easy-to-understand star ratings covering customer service, cost of use and traffic; as well as a fully informative and analytical breakdown of what the site has to offer, and how well they deliver their service.
This is your chance to fulfill your dream, don’t take it lightly. Inform yourself and rest easy in the knowledge that the people investing in your project are sharing your passion, and so are investing their belief in you. - Jessica A.