Crowdfunding is an online event with a beginning, middle, and end. It is a fundraising process with a deadline. Crowdfunding is trade, not aid – where tangible goods and services are offered in return for financial contributions. It is not charity or financial investment. Crowdfunding is a new way for artists, producers and labels to raise funds while galvanizing their network of fans.
Crowdfunding is an interesting way to leverage your fans to create new product. An interesting and informative read 🙂