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Learn to pronounce (search crowdfunding in Google)
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 way for people, businesses and charities to raise money. It works through individuals or organisations who invest in (or donate to) crowdfunding projects in return for a potential profit or reward.
Donation-based crowdfunding is when someone donates to a specific cause or charity (think GoFundMe). … Human capital crowdfunding is a way for people to raise money to back their personal growth or projects. Investors are given the opportunity to fund a project in exchange for a share of the winnings.
You may spend time applying to the plaftorms and not result in any finance being raised.
Dependent on interest in the business or idea, hence much activity to create interest, may be required before asking for this source of finance.
Failed projects could harm your reputation.
While it’s free to set up a campaign on most crowdfunding websites, campaign creators are charged two different fees if they receive funds: the platform fee and the payment processing fee. … Charging a platform fee is how crowdfunding websites make money.
Investors receive their money back with interest. Also called peer-to-peer lending or lend-to-save, it allows for the lending of money while bypassing traditional banks. Returns are financial, but investors also have the benefit of having contributed to the success of an idea they believe in.
CONS: Reasons to be Cautious With Crowdfunding
It takes time and money. Successful crowdfunding campaigns require a lot of effort. …
Your campaign might not succeed. …
Someone could steal your idea. …
You have to pay several fees. …
It doesn’t work for all businesses.
<h2>8 “best” crowdfunding sites for new creative projects</h2>
Crowdfunder (Shopify App)
Many funding requests get rejected, because the crowdfunding sites deem the cause not qualified and you do get qualified to get funded, the site wants their cut off 5-8%.
What’s the solution to successful crowdfunding?
- Every cause (legal) is approved.
- There are no fees
- No waiting, funds can start in as little as 5 minutes.
- Funds go immediately and directly to your secure wallet
- You often the key to your funds
- Personal or business project
- Funds are in the form of Tron cryptocurrency that is fast, effective and secure.
- No cap placed on funding amount or time
- Nobody can stop or hack your funding campaign
- Can be done on smartphone with an app or desktop
Meet the new smart-contract ingenious 2020 way of crowdfunding based on Tron cryptocurrency.
Accessible Dec 21,2020 register now and download the App
In 30 languages, worldwide
The only prerequisite is that you first donate to someone else’s fund campaign by a small amount.
SERIOUS MINDED ENTREPRENEUR AND INDIVIDUALS.
Are you an aspiring business person or a business person planning a project but no funds, or an individual looking to fund a medical tourism, tuition fee to mention but a few then VOBBIE CROWD FUNDING is for you
Vobbie is crowd funding platform founded in the year 2010, which offers its premium clients, who want to transform those thoughts/ideas into reality through a donation website that gets both local and international donors as well as campaign organizers.
WHAT MAKES VOBBIE STAND OUT
1. Your new website is available within 24 to 48 hours after signing up
2. VOBBIE gives access to extremely generous donors
3. All donors are 100% that of their clients
4. Easy to customize
5. VOBBIE don't stop where other agencies do
6. Their end goal is customers success which makes them unsatisfied if the success of a client isn't reached even if it cost extra resources and time for them to deliver vobbies does that.
In VOBBIES the success of a client is a success to them.
Gain access to
- Unlimited mass campaign
- Unlimited mass email
- Unlimited images
- Unlimited videos
- Unlimited promotion through their social channels, as they work hands with their clients to ensure their success all of these for just $79.99
Click here https://loonett.com/tracking/698329/90997 to get started
Note: for only serious minded people.