What is Crowdfunding? | How to get money from crowdfunding?

Crowd means the crowd or gathering and funding means to gather money. So the simple meaning of crowd + funding is to gather money or gather money from many people. This is not new. People have been offering small amounts to build temples and roads for centuries. In your locality you may have collected donations for occasional and festivals any such festival or you may have collected funds for any NGO during schooling! It was all a kind of offline crowdfunding.

Maybe you think what kind of things to do with digitization?

So you can tell that with the help of internet today, people are raising money from people all over the world for a variety of initiatives or personal benefits. And the process of crowdfunding or gathering of monks was limited to a village or town; it has now become a global phenomenon.

If you are going to raise money for any work, instead of going to everyone's home, you can talk to thousands of people on social media together and motivate you to contribute to your project, and making this work easier, World Wide Web, hundreds of crowdfunding platforms on the internet.

What is Crowdfunding?

This is a website where money-generators and money-launders can connect with each other. On these platforms, you can collect funds by running a campaign for yourself or someone else's needs.

What kind of work can we raise money from Crowdfunding Platforms?

·         For social work

·         To implement a business idea (see some practical business ideas here)

·         For the treatment of a needy

·         To help someone in studies

·         You can also collect money to travel abroad or even launch your album.

So, those who have made such platforms on the Internet where you can raise money for your needs

What steps will be taken to raise money?

#1 Decide what you have to collect, how much money, how long will you collect. And its surroundings create your own story. How you keep your talk in crowdfunding is very important because on this basis people decide that they are ready to help you or not!

#2 selects the right crowdfunding platform according to your purpose.

For this, visit the websites of different crowdfunding platforms and analyze what kind of plans has been supported there. Have anybody raised money there for a similar purpose? If, 'yes' then your chances of being successful increase.

#3 Some information related to you from your fund raising goal will be sought on the website. Here you should be genuine and give accurate information. Never raise wrong information and raise money for any hidden purpose. Good crowdfunding platforms examine people who run the campaign and can also take legal action on those who commit fraud.

#4 Create relayed photos, videos, website and other promotional content from your campaign and promote it in Facebook, use social CRM to filter Crowder on social media,   blog posts and other ways.

#4 Continue monitoring the campaign and if any questions related to it arise, answer it immediately.

If you are one of those people who want to give your support for any reason, crowdfunding is a good way for you. You can simply go to any crowdfunding website and debit card for your favorite project,

The most well-known crowdfunding platforms.

Ketto - This website runs by and actor of Bollywood. Over 10 thousand campaigns have been run on this. The operators on this website have to pay 12-14% of the full amount as payment and pay gateway charges.

Crowdera - This platform is working in the US and India and is preparing for its global launch, founders believe that the person engaged in any good work should not charge fees. Due to this thought, no service charge is taken from those running the campaign on Crowdaira.

Bit Giving - Apart from social work, money can also be collected for artistic interests and engineering projects on bitgiving. NGOs get 6% fee on this website and the rest 8% For those who fail the campaign, a 10% fee is charged.

FuelADream - You can choose any of the options fundraisers all or nothing (complete or nothing) and Keep Who You Get (Those Who Keep It) on this website. Although the fees are 9% of the sum deposited, but about 14% of the service tax is added, about one fourth of the total amount is taken as service charges.

If you regularly visit live projects on these websites, you can help many needy people. These are all well-known websites and keep checking for campaign creators. Therefore, if you help someone through these websites, then you can be free to keep your money in the right place and the right people.

There are many companies offer crowdfunding and donation management software solutions that helps NGO, crowdfunding organizations to manage their funds and donation. Such as

Taction Software Company:

This is a CRM development company certified by Zoho and SugarCRM organization. Taction provides custom crowdfunding and donation management CRM software development services across the globe. Company has over 10+ year experience in software, development, design and APIs integration field.

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