Crowdfunding helps people turn their ideas into reality, get enough funding to implement their projects and social initiatives.
The main idea of crowdfunding is the implementation of common projects by many people with united efforts and active participation! The advantage of crowdfunding (public financing) is that it is possible to obtain financing without the participation of banks, various funds and exchanges. This is a more democratic method – you have the opportunity to present your idea to a large number of potential financiers in the online space
Crowdfunding allows as many people as possible to be interested in your idea, which will bring good to society. There are several types of crowdfunding: Donation-based crowdfunding, which involves collecting donations from supporters for your project. In the case of incentive-based crowdfunding, the project author thanks the donor with a symbolic reward. Equity-based crowdfunding means that donors receive a percentage of the company’s stock in exchange for their support. And finally, loan-based financing, in which the project author undertakes to return the donation after a certain period of time.