Crowdfunding refers to the practice of financing a project with small amounts of money from a large group of people. Crowdfunding may appear to be a newer innovation, but it is actually an efficient way to raise money for projects and causes.
Crowdfunding Day teaches people about crowdfunding and how it has transformed the lives of businesses around the globe.
Crowdfunding is a phenomenon that has existed since the 1800s. It was created by Auguste Comte, a French philosopher and sociologer. He introduced Positivism to the world in his historical work “Premiere circulculaire Annuelle adress√©e par l‚Äôauteur du Systeme de Philosophie Positive”.
Positivism is a belief in the relationship between theory and observation. It relies on scientific methods to ensure authentic knowledge. Although this abstract idea was partly created by Comte. However, Comte used it to fund his philosophical research and eventually create the first forms crowdfunding.
The philosopher published his work in 1850 as part of his first crowdfunding success.
In 1997, a British band used crowdfunding to fund their reunion. ArtistShare was the first company to establish a crowdfunding platform. The crowdfunding industry grew from ArtistShare.
Crowdfunding is still a major part of many businesses’ economic success. Global crowdfunding campaigns received $34 billion in 2015, nearly twice the amount of the US NASA program’s annual budget.
Crowdfunding is expected to reach over $300 billion by 2025. So take some time to celebrate this one of the best ways to bring your favorite projects to life.
Start a crowdfunding campaign if you are passionate about what crowdfunding can do for your business. Reach out to others, tell them about your passions and let the money flow.
Send money to other people you know who need it. Use the hashtag #crowdfundingday to share this holiday on social media.
Share the benefits of crowdfunding with your family and friends.