You have the idea, you have the drive; all you’re missing is the money. Whether you want to make the next hit indie film, rock album or to raise funds for a non-profit, online crowd funding can be a great way to back your project.
How Crowd funding Works
Donation-based crowd fundraising rewards those who give money with some sort of perk such as a shout-out by the artist, a spot as an extra in a film, an autographed picture or a first edition of a new product. There are typically various tiers of donations with different incentives. This model is the most common and how online crowd funding began, although investment crowd funding has recently begun to build steam.
Image Courtesy of Danilo Rizzuti / FreeDigitalPhotos.net
