What is Crowdfunding?
The Clear and Simple Answer
Crowdfunding harnesses the power of social networks and the internet to give people the means to raise funds, help others overcome hardship, and meet aspirational goals. The core principle behind the crowdfunding definition is that you can help a friend or help an entire community.
You can do everything from raising money for your surgery to fulfilling a student’s dream of attending college—and much more. You can also easily share your crowdfunding campaign via WhatsApp with friends and family or on TikTok and Instagram to use the power of social media.
If you’ve ever found yourself wondering, “What is crowdfunding?” “What does crowdfunding mean?” or “What are the benefits of crowdfunding?” then keep reading. We’ll answer your questions about crowdfunding and give you top tips on bringing in donations.