Crowdfunding is a system where someone with a dream or idea publishes their project online,
and people who resonate with it contribute small amounts of money to help bring it to life.
The word “crowdfunding” literally means “funding from the crowd.”
Think of crowdfunding like friends pooling money for a trip.
“If 10 people join, let’s go!”
Everyone contributes their share.
If enough people commit, the trip happens — if not, it’s canceled.
Crowdfunding takes this familiar idea online and scales it up to a much larger audience.