Crowdfunding is a method of raising funds online from a potentially large group of supporters for a cause or project. Crowdfunding campaigns usually have a pre-determined dollar amount as a goal and a pre-determined end-date.
Crowdfunding makes it easy for you to share your campaign goal and timeline with the public and for you and the public to track progress towards the goal
Organizations and businesses can use crowdfunding for different types of projects. For example: nonprofit fundraising campaigns, startup funding for businesses, creative funding for artist projects, etc.