Philadelphia citizens who are passionate about civic projects now have a way to show their support — with their wallets. Philly is trying out a crowdfunding platform called Citizinvestor, which allows people to donate money to efforts that benefit and improve the community.
Individuals sign into the Citizinvestor site and pledge an amount to help meet a project’s fundraising goals. Fully approved projects are submitted to the Citizinvestor site and the public can choose what projects matter the most to them by donating. Once the goal is achieved, the money is released to the appropriate party.
To read the full, original article click on this link: Philadelphia Experiments with Crowdfunding Platform
