International Journal of Innovative Research in Engineering & Multidisciplinary Physical Sciences
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Crowdfunding - Online Platform For Fund Raising

Authors: Shivangi

DOI: https://doi.org/10.17605/OSF.IO/G4HQB

Short DOI: https://doi.org/ggrs9q

Country: India

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Abstract: An optimist is a person who takes action, who moves out ahead of the crowd. Crowd funding is the practice of funding a project or venture by raising monetary contributions from a large number of people. Crowd funding is a form of crowd sourcing and of alternative finance. In 2015, it was estimated that worldwide over US$34 billion was raised this way. Crowd funding is a method of raising capital through the collective effort of friends, family, customers, and individual investors. This approach taps into the collective efforts of a large pool of individuals—primarily online via social media and crowd funding platforms—and leverages their networks for greater reach and exposure. There are different types of crowd funding- donation crowd funding, equity crowd funding ,real estate crowd funding, reward crowd funding, peer to peer crowd funding. There should be usage of well strategy for successful crowd funding campaign. There are different crowd funding sites are available that helps in development of small business by providing financial assistance.

Keywords: Crowd funding, real estate, equity, leverages, social media


Paper Id: 274

Published On: 2015-12-01

Published In: Volume 3, Issue 6, November-December 2015

Cite This: Crowdfunding - Online Platform For Fund Raising - Shivangi - IJIRMPS Volume 3, Issue 6, November-December 2015. DOI 10.17605/OSF.IO/G4HQB

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