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In 2014 Crowdfunding has outperformed Facebook by BILLIONS of dollars!
Fifteen billion dollars then was no small matter and should give you some idea where this industry will be in the future.
Yes, maybe 100 billion is a possibility in the next few years . Crowdfunding will have one of the greatest impacts on World Solutions to some of the World's greatest challenges like hunger and poverty throughout the world.
For what need do you need to raise money?
Crowdfunding has been used to raise funds for just about every possible thing. We have seen projects for charity work, crises and life events. Other projects are focused on funding ideas, business start-ups, lauchpad projects ,real estate and investment opportunities.
Both entrepreneurial and financing industries are very excited by all possibilities as we move into the future. Clearly we have only seen the beginning as it continues to evolve.
Imagine almost anybody with basic individual needs for which who might need to raise funds for some specific use has now plenty of easy viable options to launch and fuel their dreams .These ever changing options are what I call Crowdfunding 2.0, which is already happening ;
Starting or expanding a business
Nurturing spiritual pursuits
Creating projects to “Make a better world”
Funding home improvements
Funding college loans
Funding a coming wedding
Buying a new or used car
Creating a retirement fund
Paying off loans, bills, mortgage etc…
Crowdfunding feeds our hunger to connect with others who share similar idea’s and concerns. It is the launchpad for ideas to take flight .
“Crowd Funding is the next big Trend.” Currently it is said that there are over 500 websites on which all individuals, groups, non-profits and companies may present what is commonly known as a project.