What is Reward-based Crowdfunding? Crowdfunding is the concept of more people donating smaller amounts, which helps in two ways – raise larger quantities and get millions of people to know about the project/initiative. Reward-based crowdfunding refers to a campaigner promising backers they get a non-monetary reward in the future in Read more…
Reach Out to Different People via Social Media Your network can broadly be divided into four categories: solids, 1st, 2nd and 3rd networks. Reaching out to your network is key for crowdfunding. Solids are people closest to you such as immediate family members or close friends. 1st network includes people Read more…
When Youtubers Came Together to Plant Over 20 Million Trees On May 24, 2019, when YouTuber MrBeast (Jimmy Donaldson) hit 20 million subscribers, a fan suggested on Reddit that he should celebrate this milestone by planting 20 million trees. Fans also suggested he collaborate with other online influencers to drive Read more…
By Irfan Bashir and Ravina Banze When the ruling Indian government initiated a nationwide lockdown in response to the COVID-19 pandemic, without informing the public in advance, millions of people stared at the possibility of starvation. During those months, it was the grassroots network of NGOs combined with the power Read more…
In India, online crowdfunding has emerged as an effective mechanism for many NGOs to raise funds for their operations. It has allowed them to raise funds through the social networks of both the platform and its donors. Often, the people who contribute to a campaign make their contributions known to Read more…