The Basics of Crowdfunding

Between 2013 and 2015, the amount of money raised through crowdfunding jumped from just over $5 billion to well over $30 billion. As awareness of crowdfunding platforms grows, it will easily continue to grow and help more people reach their goals in the upcoming years. 

The idea behind crowdfunding is simple: anyone can raise funding for anything, from medical or court bill to vacations or weddings, through contributors. Potential contributors see your campaign, and if they feel inspired, will donate money to your cause. Because of this, it is important to have a compelling description of how you will use the money you raise. As more people see your campaign, you chances of reaching your goal increase. 

Crowdfunding helps people who otherwise would not have the money for their project. All you need is internet access to set up your crowdfunding campaign. Because social media is growing every day, there is no limit to the potential of what you can achieve.  You can share the link to your campaign on any blog even here on steemit or there can be another section like a steem fund me.. , message board or social media app. If the right people see your post and share your link, you can raise what you need to reach your goals.



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