â€¢ Crowdfunding has become a popular tendency to get funding for a new project or startup business. This way you can offer the possibility to other people to take part in your business. There are many crowdfunding platforms but each one has a different purpose.
â€¢ We present here below some of the most popular ones:
o Kickstarter. It is the most popular crowdfunding site on the Internet, devoted to funding inventions and creative works. Moreover you don't have the commitment of returning the money if the goal is not reached.
o Indiegogo. Although it is not as well known as Kickstarter it presents some advantages that the first one doesnâ€™t have. Indiegogo has flexible funding that lets you keep the funds you've raised, even when you haven't been able to reach your goal. It also lets you buy funded products in the platform's marketplace, so successful projects have another potential source of income.
o Patreon. Another popular crowdfunding platform is Patreon which works through subscriptions. It doesnâ€™t work for straight-up campaigns, but for providing on-going financial support for a creative artist. There's also the option to provide content exclusive to patrons who are subscribed to your Patreon through the site itself.
o GoFundMe. This one is more popular for individuals who need money right away. Itâ€™s common to see people here asking for crowdfunding for short-term projects or medical emergencies.
There are different options and we highly recommend you to check them in case you need financial support. Bear in mind that through these platforms you are receiving money from people who will not benefit from your business, they are doing it for supporting your cause.