Crowdfunding" refers to registries that are run through the internet, but similar ideas can also be used through mail-order subscriptions, benefit events, and other means.
Cox Business News
Crowdfunding is the process of obtaining financial support for a venture or project by soliciting contributions from a large number of individuals, most frequently through the use of the internet in today’s modern times, is known as crowdsourcing or crowdfunding. Crowdsourcing and alternative finance are two other names for the practice of crowdfunding. In 2015, crowdfunding campaigns successfully raised more than $34 billion USD all over the world.
