We are living in advanced world and almost everything we used to do offline are already shifted in online or can be done virtually and it can reduce our efforts and maximize the best use of time. Crowdfunding can be an example of it. In the past people needed to go to the door-to-door or road or reach to the people personally for it. Crowdfunding In that way was quite time-consuming and need physical efforts but because of social media now we can do it online and funding can be reached within a short time which is time savings and we don't need to reach from people to people for it.
Crowdfunding for good purpose is always appreciated, and people try to make some contribution by donating some of the funds based on their capability. Now crowdfunding through social media It's very easy and simple but the fact is that many people do not love to do that in social media because there are many frauds who are trying to still the found of crowdfunding. I also agree that there are many people like that who are scamming people by the name of it and it's something for what many people are afraid of doing that in online and it's quite reasonable to be concerned.
The question arises: can we trust people in social media for such a thing? I think not everyone gets a good amount of funds for crowdfunding. There are few social influencers who have good reputation can manage it easily because people trust them and people think that they when use crowdfunding funds for the purpose of what was created. There is no guarantee that those influencers actually are not scamming us, but I have seen most of the influencers show the proof where they are using the money and that's the thing for watching people trust them more. At least sending funds to them is more trustable compared to sending someone whom we don't know.
Scamming by the name of crowdfunding is not something new. There is no guarantee that offline the funds raised from crowdfunding having used for the purpose for what it was raised. There is history of it that many people took the money and ran away. So, it's not something related to online or offline because people can scam us by the name of it does not matter if it’s online or offline. In fact, online I think it can be more trustable, especially for them to show the proof online and we can track it easily while we cannot track it so easily if it's offline.
I believe that there are good people and bad people and all the time there will be some people who will try to take advantage from it but again there are the people who will use it to help people and through online we can sent help to other people very fast and that's why I think that crowdfunding through online is better compared to the offline crowdfunding. At least we can keep faith in them who have good reputation.
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