The practice of funding a project or venture by raising money from a large number of people who each contribute a relatively small amount, typically via the Internet: musicians, filmmakers, and artists have successfully raised funds and fostered awareness through crowdfunding
More example sentences
- Crowdsourcing and crowdfunding could, in theory, occur without the internet, but "it certainly helps to accelerate the process".
- It hopes crowdfunding will circumvent these obstacles and create new opportunities.
- He says crowdfunding relies on "networking, good contacts and a good product".
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