Crowdfunding allows individuals or businesses to raise money from a large group of people, usually via online platforms.
There are four main crowdfunding models:
Equity-based: Investors fund a company in exchange for shares.
Debt-based: People lend money, expecting repayment with interest.
Reward-based: Backers receive a product or perk for their contribution.
Donation-based: Supporters give without expecting anything in return.
These methods have revolutionized fundraising, giving life to countless innovative projects worldwide.