Why crowdfunding is the best way to support the things you love.

Crowdfunding is a system that allows individuals or businesses with innovative ideas to publicly raise funds in support of their project.
 

Sites such as Kickstarter have boosted the popularity of the crowdfunding platform, with a huge member base dedicated to funding the causes and project they’re passionate about, be it a piece of artwork, an indie movie, an album or a unique new product. Each contribution is pooled to achieve the creator’s target, allowing them to financially back their idea.

With crowdfunding, you don’t need to be a business or a big-shot investor to support the up and coming pioneers you have faith in. Whether you’re donating $1 or $10000, every contribution makes a difference and everyday folk are just as able to help out, regardless of their background, interests or income.

There are a number of reasons to support your interests with crowdfunding. Firstly is the feel-good factor of helping someone achieve his or her goals and seeing them come to fruition. It’s also common for the creator to offer an incentive, such as a pre-release item, so you’ll also get rewarded for your good deed. It’s a small price to pay to bring a project you love to life. So why not get ready for EmoFix? You can get one of the first items!

Supporting crowdfunding campaigns is also a great way to throw off traditions that may limit up-and-comers. Established, traditional investors may have reservations about investing in a company with no history or proof of their expertise. As a result, ventures may be held back by the lack of funding. Now, they can appeal to the open-minded internet users who have backed millions of projects to date, giving them a chance at the impossible and achieving their dreams. Not only could the platform prove efficient for funding their current product, it could also serve as a building block, providing them with experience for the future. In fact, huge technological advances such as the Oculus Rift visor originally began life as crowdfunding campaigns.

The crowdfunding platform also enhances a sense of community, with backers of successful products feeling great in the knowledge they helped make it a reality.

Finally, if you’re developing a product, you may find your previous donations have brought you some good karma. Should you begin your own campaign, potential donors will be able to view your previous generosity and may see you as more deserving of their support.

Take a look at leading crowdfunding sites such as Kickstarter or IndieGoGo to preview some of the amazing projects currently in production.