The phenomenon of crowfunding - collective financing

crowfunding

The age of technology It has opened the doors to great changes in the processes and functioning of markets, and the way we communicate globally. This phenomenon of globalization caused by the rapid and inevitable increased media, which increasingly unite the markets, economies, societies and cultures of all the world.

These links worldwide that can be established so simply with just a few clicks on your computer or through a Smartphone, they have determined changes that have come to benefit the international market and at the same time change the patterns of its operation, and cause new and interesting phenomena such as the one that we will explain below, called Crowdfunding (crowdfunding):

Crowfunding, a tool for entrepreneurs.

Crowfunding was born as a tool to provide financing to entrepreneurs with creative or necessary projects for the community, which seek to awaken the interest of as many people as possible to finance the project through online donations with dynamics that vary in each website and the context of the project. Some of the most popular online sites where entrepreneurs finance their projects are: Kickstarter and GoFundMe

Platforms for Crownfunding

The Kickstarter platform has functioned as a financier of large creative projects since Technological gadgets, even movies, music, video games, among many others. Among some of the best known products are the Oculus Rift, which is a virtual reality gadget that was acquired by Facebook for around $ 2 million; other products such as an easily accessible wallet, travel pillows, board games and countless curious gadgets have been funded through this medium.

GoFundMe on the other hand it works for financing for social causes, instead of projects. For example, funding can be requested to support a rural community in need, to pay for physiotherapeutic therapies or medical treatments.

So when it comes to thinking how finance a creative project that you have in mind, take into account the benefits of globalization and the crowfunding phenomenon, with which entrepreneurs can be supported to carry out their projects.


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