The Evolution of Crowdfunding I
- Apr 3, 2016
- 1 min read
Many people think that crowdfunding is something new. However, the concept of crowdfunding is much older and has been around for centuries. With advanced technology, there has been several changes in the concept in the last few years.
Crowdfunding was used for the first time in 2006 when Fundavlog was launched and started gathering momentum with the introduction of platforms such as Indiegogo and Kickstarter.
One of the most important factors behind the rapid growth of crowdfunding platforms in the last few years is the recent global recession. The recession has seen many established businesses struggle. Some others have managed to survive this tough time relying on different crowdfunding platforms. Looking at the present market, the way ahead looks extremely promising for crowdfunding.
At Crowd4funds, we help you reach your crowdfunding goals with our comprehensive support via crowdfunding consulting and crowdfunding campaign promotion. To date, we have helped many of our clients achieve and even exceed their funding goals.
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