HIKERS ATTN PLS - YOUR THOUGHTS PLS? A new phenomena is hitting the UK #CROWDFUNDING Its the collective efforts of a group of ppl who NETWORK & POOL their money usually via the INTERNET to support efforts initiated by other people or organizations. Crowdfunding is used in support of a wide variety of activities, including disaster relief, citizen journalism, support of artists by fans, political campaigns, startup company funding, motion picture promotion, free software development, inventions development, scientific research, and civic projects. Crowdfunding has its origins in the concept of crowdsourcing ( the practice of obtaining needed services, ideas, or content by soliciting contributions from a large group of people, and especially from an online community ) , which is the broader concept of an individual reaching a goal by receiving and leveraging small contributions from many parties. Crowdfunding is the application of this concept to the collection of funds through small contributions from many parties in order to finance a particular project or venture. Crowdfunding models involve a variety of participants. They include the people or organizations that propose the ideas and/or projects to be funded, and the crowd of people who support the proposals. Crowdfunding is then supported by an organization (the "platform") which brings together the project initiator and the crowd. To see it working have a look at one HIKER DDC Vinyl - Home and Vehicle using the platform BLOOM & see their Idea & vision #htlts your number one #networking community with so much more to offer then LIKES =] Mdxx
Posted on: Sat, 24 Aug 2013 08:01:13 +0000
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