With the influx of more and more crowdfunding platforms, one has to agree to the fact that it attained a significant level of growth, adoption and maturity, especially in recent years. Having said that many startups and private investors are considering crowdfunding as their first choice of raising money.
What is a crowdfunding platform?
Crowdfunding is a method of raising capital from a large number of individuals to finance a new venture. This method of collecting funds taps into the collaborative efforts of a large pool of individuals through a dedicated crowdfunding platform, and social media.