Crowdfunding is the practice of funding a project or venture by asking a crowd of people to donate a defined amount of money for a specific cause or project in exchange for various rewards, typically via the internet. Crowdfunding worldwide has continued to grow at prodigious rates. It is becoming increasingly popular with entrepreneurs and the public. New tools available have made it easier to explore using their audiences to bankroll their projects.
Whether aiding the funding, production, marketing or distribution of a website, crowdfunding is a collaborative way to overcome barriers in the website building process. Sites like Crowdfunder offer an online social marketplace where businesses, social clubs or individuals can pitch their projects to the world for fans and investors to fund.
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