There are other crowdfunding models out there as well. (Read all about equity crowdfunding to learn more about the practice.) That being said, there are regulations and laws that make it somewhat difficult to do so. Some practice equity crowdfunding, however, letting backers actually take a small piece of ownership of the company with their money pledge. Usually these sites offer rewards, discounts, or early access to products. (We’ll get into the two different models below.) Some crowdfunding sites ask backers to pledge money, only charging their credit card when a project hits its fundraising goal. Project creators can offer perks or early access to a new product to the people who help them reach their funding goal.Ī campaign ends when a target monetary goal is reached or a certain period of time passes. Kickstarter: A Quick Comparisonīefore we discuss the two companies, let’s get a brief overview of how crowdfunding works.Ī crowdfunding campaign is when a creator with an aspirational business, new gadget, or creative project seeks backers to help them realize that dream. Video Courses Free courses designed to help you earn more.Working Remotely How to succeed when working remotely.Productivity Tips and tricks to increase productivity.Gear & Supplies The best gear, training & education for gig workers.Sector-Specific Information Guides & tutorials for popular gig economy industries.Small Business Content In-depth guides for your business.

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