Crowdfunding is a way that a company or person can raise money for a project from people, business or idea via the internet. It isn’t a difficult process. The only thing we have to do is to post details about our project or idea on a crowdfunding website and ask for the amount we need to create the starting project.
Here’s what I found on the internet:
Crowdfunding is the practice of funding a project or venture by raising small amounts of money from a large number of people, typically via the Internet. If a company or person wants to raise money through crowdfunding, they can pitch for it by posting details of their project, business or idea on a crowdfunding website. The ‘crowd’ in crowdfunding refers to the people or organizations that provide the money.