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There’s a certain moment that hits right after you’ve come up with a fantastic idea for your own business. While crafting a website is more accessible than ever before thanks to sophisticated website builders, finding the capital to make your dream business actually happen is a whole different story.

The good news is, we live in an innovative world and the bank isn’t your only option anymore. In the last few years, the term ‘crowdfunding’ has become a part of every day lingo. As opposed to a one-time loan or waiting for a giant angel investment to come through, crowdfunding is the practice of raising money in small amounts from a large number of people (usually via the Internet).

Considering how successful this method has become, there are a couple of crowdfunding platforms you can choose from. When selecting the correct one for you and your business, it’s important to consider all the fees, terms and conditions that come with it. Recently, some niche platforms have also popped up to serve specific audiences, like filmmakers.

The crowdfunding platforms have proliferated, and as Elisa Finocchiaro, responsible for the south of Europe of GoFundMe says, they want to be “the generous face of the internet”. Anyway, the crowdfunding consultant Valentí Acconcia remembers that “crowdfunding is difficult.

Crowdfunding, crowdfunding or collective financing, is a collaborative mechanism for financing projects developed on the basis of new technologies.

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