What is crowdfunding in simple words?

Used in 2006 by Jeff Howe in a Wired article on the phenomenon of collective investment on the Internet. Individuals making investments, the journalist called volunteers. Because they donated their funds without waiting for any return. By the way, today crowdfunding means not only voluntary donations. In simple words, this is any collective investment in projects of different directions: business, culture, ecology, new technologies, and so on. That is, a group of people are founders who donate money mainly through the Internet to the author for the creation and development of some interesting project. And the author subsequently reports on the work done and pays remuneration to the founders, if he was, then the agreement.

How crowdfunding works?

In simple terms, crowdfunding is done according to the following scheme:

1. The author has an idea for which funding is required.
2. He announces a fundraiser on his website, social network or special crowdfunding platform.
3. Investors donate part of the funds and transfer to the author of the project.
4. As soon as the required amount is collected. The project begins to be implemented, and the author reports to the investors on the progress or transfers them a pre-agreed remuneration.

BRIGHT IDEAS WITH IDEAOLOGY

Ideaology is a new breath in the world of crowdfunding. A place where new ideas, people and new investors will gather. Multifunctional free platform based on blockchain technologies. Where each user can find something of their own. Someone will offer their services as an employee, someone will find additional work in any project. After all, you can create an idea directly on the platform and assemble a team to implement it. Ideaology is not only a project for investment, it is about an idea and its implementation.

In addition to implementing our ideas with you, the platform will offer us interesting tools. For example "Creative Market". In which a lot of ready-made solutions to problems will be collected. Where you can also place your presets.

The project listed and showed us many striking features that will be implemented on the Ideaology platform. Therefore, in the next article, we will look at the MVP of the IDEAOLOGY project and all possible tools on the platform.

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Website: https://www.ideaology.io/
Twitter: https://twitter.com/ideaologyio
Facebook: https://www.facebook.com/ideaology.io
Linkedin: https://www.linkedin.com/company/ideaology-io
Medium: https://medium.com/ideaology-announcements
YT: https://www.youtube.com/channel/UCUZ3F0mS0NbaznKOG2v9Biw
Telegram: https://t.me/ideaologyio
Github: https://github.com/ideaologyio/idea

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