A simple question and the simple answer is “Crowdfunding” is the
collective collaboration by individuals to help fund another person,
institute or company.
Crowdfunding has grown in popularity due entirely to the recent global economic meltdown. Major economies like the USA have spiraled out of control and the capital system is on the brink of collapse. Toxic debt is a new buzz word which has resulted in the demise of some banks and others are barely trading after billion dollar handouts from governments with no back up plan.
In this sort of scenerio the first thing banks do is panic and stop lending to individuals, entrepreneurs and small businesses
Of course people are smart and as the banks have stopped lending, people have found a new way to fund dreams and ideas – crowdfunding.
Crowdfunding is nothing new and the idea in its most simple form is asking a few friends and family to give you some money.
We live in an internet driven era and crowdfunding has taken on a new wonderful direction using the power of social media and ability to spread a message around the globe in seconds. If you have a great idea and you need funding of any kind than the answer is crowdfunding. You can raise money using a crowdfunding website, such as www.starcrowdfunding.com.
On www.starcrowdfunding.com, you create your account, set up your funding goal and launch your campaign. Soon money starts to pour in from friends, family and total strangers. This is crowdfunding in action.
The good thing about www.starcrowdfunding.com is you can start your campaign for free and at the end you just pay them a small fee for collecting your contributions. Its just so easy!
Thats why crowdfunding is such an amazing people powered answer to the traditional bank lending!
So everyone out there if you need money for any idea or cause than the answer is crowdfunding and my recommendation to start your campaign is: www.starcrowdfunding.com
Crowdfunding has grown in popularity due entirely to the recent global economic meltdown. Major economies like the USA have spiraled out of control and the capital system is on the brink of collapse. Toxic debt is a new buzz word which has resulted in the demise of some banks and others are barely trading after billion dollar handouts from governments with no back up plan.
In this sort of scenerio the first thing banks do is panic and stop lending to individuals, entrepreneurs and small businesses
Of course people are smart and as the banks have stopped lending, people have found a new way to fund dreams and ideas – crowdfunding.
Crowdfunding is nothing new and the idea in its most simple form is asking a few friends and family to give you some money.
We live in an internet driven era and crowdfunding has taken on a new wonderful direction using the power of social media and ability to spread a message around the globe in seconds. If you have a great idea and you need funding of any kind than the answer is crowdfunding. You can raise money using a crowdfunding website, such as www.starcrowdfunding.com.
On www.starcrowdfunding.com, you create your account, set up your funding goal and launch your campaign. Soon money starts to pour in from friends, family and total strangers. This is crowdfunding in action.
The good thing about www.starcrowdfunding.com is you can start your campaign for free and at the end you just pay them a small fee for collecting your contributions. Its just so easy!
Thats why crowdfunding is such an amazing people powered answer to the traditional bank lending!
So everyone out there if you need money for any idea or cause than the answer is crowdfunding and my recommendation to start your campaign is: www.starcrowdfunding.com
