Crowd Funding: Ray of Hope

Crowd Funding: Ray of Hope If a question is raised to anyone as to whether they have an idea for starting a business, most of them will say yes. But the conversion into reality dies mostly due to lack of funds. In recent times, these problems have been reduced due to various top crowdfunding sites which give the platform for the business developers to exercise their new ideas and create a business out of it. Crowd funding sites: What does it mean? The term “crowd funding sites” involves the usage of funding given by a different group of people who would be interested in the idea that is being proposed in the site. One would actually feel that it is a donation that has been sugar coated with a word called crowd funding, but that is not the case. The fund providers may be allowed a small stock of the project as well if required. On a usual basis of these websites, the initial sign up would be free and they will be charged only when the funds have been raised for the All the top crowdfunding sites do not provide the same type of services, each are unique in their own way. Some provide options for all type of ideas to shine where as certain sites are stream lined in to developing only a few types of projects. Never the less the basic concept of funding the projects is the same. Let us now look at certain top crowd funding sites and their features in a brief. KickStarter: This site is considered to be one of the leading sites in the world for crowd funding today. They provide funds for wide range of genres but for project which are created with a social cause or any charitable intent. Nearly thousands of projects are initiated every minute. The process is simple; the user signs in and uploads the project and details. A crew is assigned to accept or reject the idea. They charge about 5% for any Crowd rise: They believe in dealing with projects which involve issues in the real world. These range from education to poverty and from animal welfare to environment concerns. They also provide ways for personal concerns as well. The point system ensures that the fund givers are given their share of respect and each high donor would be specially mentioned which would lead to instant popularity. Pledge Music: This is a specialized fund raising site for music related projects alone.

It is often difficult to raise money for an artist who is aspiring to shine in the industry. This gives a very good platform for the artist to gain funds. As usual, the fund givers are rewards in accordance to the amount the fund. They collect 15% of fund raised. Like this, many top crowd funding websites are available at stake for the dreamers to dream big. More stream lined websites such as appbackr, sell band and others raise funds for a particular genre of projects. The advent problem of lack of money is becoming a lesser burden due to these top crowd funding sites.