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; you can help a friend or help an entire community. You can do everything from pay for your own surgery to fulfill a student’s dream of attending college—and so much more.
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 how to bring in donations.