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Crowdfunded!

The origins of Crowdfunding could be traced to something that is called crowdsourcing. The concept is that a person can reach his goal through receiving a small amount of monetary contribution from a lot of sources. It is the collection of funds via small contributions to sponsor and finance a project.
As a process, an organization supports and promotes a project, which is known as a platform. This platform brings together the crowd who will bring in the funds to the initiator who is the person or organization who is in line to receive the funds.

Crowdfunded!

  • The origins of Crowdfunding could be traced to something that is called crowdsourcing. The concept is that a person can reach his goal through receiving a small amount of monetary contribution from a lot of sources. It is the collection of funds via small contributions to sponsor and finance a project. As a process, an organization supports and promotes a project, which is known as a platform. This platform brings together the crowd who will bring in the funds to the initiator who is the person or organization who is in line to receive the funds.