” Crowd funding (sometimes called crowd financing, crowd sourced capital, or street performer protocol) describes the collective cooperation, attention and trust by people who network and pool their money and other resources together, usually via the Internet, to support efforts initiated by other people or organizations. Crowd funding occurs for any variety of purposes, from disaster relief to citizen journalism to artists seeking support from fans, to political campaigns, to funding a startup company or small business or creating free software. “- (Wikipedia)
Crowdfunding websites connect entrepreneurs with investors that help them raise capital for their business, without the hazards of traditional financing. Social media has , truly , changed the way we market and communicate.
” Social Media Examiner ” say, ” Crowdfunding pulls together a community—tightly knit or disparate—to fund a project, business or cause, usually via the Internet.”
WITS Zen has pulled together articles and infographics that address various aspects of crowdfunding including ” how does it work?” , ” the right sites for crowdfunding, etc. Have a look at the best of the articles on crowdfunding and crowdfunding websites:
And, please do share with us other good resource on crowdfunding.