What does crowdfunding mean?

Crowdfunding, that is, public fund-raising or public fund-raising, refers to an act of raising funds from the masses to support the initiated individuals or organizations. Generally speaking, it connects sponsors and sponsors through a platform on the Internet. Funds raised by the masses are used to support various activities, including post-disaster reconstruction, private fund-raising, election campaign, enterprise fund-raising, artistic creation, free software, design and invention, scientific research and public projects.

Features 1, low threshold: regardless of identity, status, occupation, age, gender, as long as you have ideas and creativity, you can initiate projects.

2. Diversity: The direction of crowdfunding is diverse. The categories of projects on domestic crowdfunding websites include design, technology, music, film and television, food, comics, publishing, games, photography and so on.

3. Rely on the strength of the masses: supporters are usually ordinary grassroots people, not companies, enterprises or venture capitalists.

4. Pay attention to creativity: the promoters should first show their creativity (design drawings, finished products, planning, etc.). ) can pass the platform audit, not only a concept or an idea, but also operability.

Composition sponsor: a person who is creative but lacks funds;

Supporter: someone who is interested in the story and return of the fundraiser and has the ability to support it;

Platform: Internet terminal connecting sponsors and supporters.

Rule 1. To be successful, the fundraising project must reach or exceed the target amount within the time preset by the sponsor.

2. If the target amount is reached or exceeded within the set number of days, the project is successful and the sponsor can obtain funds; After the fundraising project is completed, the sponsor will get the reward promised by the sponsor in advance, which can be in kind or service. If the project fails to raise funds, all the funds obtained will be returned to the supporters.

3. Crowdfunding is not a donation, and the support of all supporters should be rewarded accordingly.