Crowdfunding is the practice of funding a project or a venture by raising money from a large number of people, especially via the internet. These people are called Donors, and they can contribute any small amount of money depending on their capabilities.
There is a misconception that fundraising is more effective as compared to crowdfunding. However, the power of Internet, social media, virality and trends make crowdfunding campaigns more successful as opposed to traditional fundraisers. It has been practiced in India since ancient times, mostly for funding cultural and religious causes. We called it "Chanda" back then. The modern day crowdfunding originated from the West and is one of the best financing options for any cause, especially if it has a mass appeal.
At any given time in life, you may be in need of financial assistance. It could be for a celebration, travel, medical emergency, education, a social cause, or more. And much more, depending on your interests. So, If you lack funds to pursue your interests, you can opt for crowdfunding. Many individuals have chosen for this method and have succeeded in gaining funds.
Our organisation gives opportunity to people helping people kind. There is a famous saying in our profession, "you’re in business for yourself, but not by yourself." I remember being freaked out as I was stepping into the unknown with my very first try at this stage and that statement was most comforting as I had a great mentor.
Our mission is to create a platform like where people can help each other where needy people can be helped. In most cases, your initial investment you are required to pay as start-up capital will not even come close to your earning potential. To make people ruddy in a profession like this by allowing people to work smarter, not harder. You can generate Passive Residual Income as you know You could have all the savings in the world but when that rainy day comes your savings will eventually be depleted.