Estimated reading time: 3 minutes, 55 seconds
Crowdfunding is the coming together of individuals to contribute small amounts of money and invite their networks to do the same in order to support efforts initiated by people or organisations. Quite simply, in the day and age that we are in, social networks are very closely integrated with our lifestyles. Crowdfunding is all about putting up a project you believe in and want to raise money for and then riding these networks to get your friends, families, acquaintances and enthusiasts to put in small amounts of money. The idea of crowdfunding is all about a large number of people putting in small amounts to make a substantial amount for a project!
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