What Is Crowdfunding?
How Does crowdfunding work?
Crowdfunding can be used for almost anything, to fund your business or a startup. Crowdfunding is also used to raise money for a personal cause and to clear off your college debt.
The difference between crowdfunding and traditional fundraising:
Most often, people get confused between the concepts of crowdfunding and fundraising; Unless you spend your time like us, browsing about fundraising all day, here's the difference.
Advantages of crowdfunding:Crowdfunding doesn't know boundaries, whereas traditional fundraising does.
- If your cause is more specific and time-bound.
- If you want to get a treatment done to your daughter and you require funds to make the medical bills, then crowdfunding is the best option.
- If you're low on funds.