Crowdfunding or Corwd Funding is a process of raising capital or fund with the help of friends, family, customers, and individual investors. This process tends into the collective efforts of a group or people basically online via social media. People can choose there personal relation and use there close group to enhance this process.
We have taken this crowdfunding or crowd funding idea and make a bundle with Network makreting compensation plan and Developed Crowdfunding mlm software or crowd funding mlm software for network marketing industries.
In trditional business idea, they have many way to find or collect fund or raise there capital for busienss in all stages of company growth, very similar in crowdfunding or crowd funding business have various type or process by which we can raise capital. Its upto you that which type of crowd funding or crowd funding concept you are selectand it depends on the type of product or services.
Donation based Crowdfunding or Crowd Funding is also known as Help MLM Plan, Helping MLM Plan, Gift MLM Plan or MMM Type of MLM Compensation Plan.
Broadly speaking, you can think of any crowdfunding campaign in which there is no financial return to the investors or contributors as donation-based crowdfunding. Common donation-based crowdfunding initiatives include fundraising for disaster relief, charities, nonprofits, and medical bills.
Rewards-based crowdfunding involves individuals contributing to your business in exchange for a “reward,” typically a form of the product or service your company offers. Even though this method offers backers a reward, it’s still generally considered a subset of donation-based crowdfunding since there is no financial or equity return. This approach is a popular option here on Fundable, as well other popular crowdfunding platforms like Kickstarter and Indiegogo, because it lets business-owners incentivize their contributor without incurring much extra expense or selling ownership stake. Read more about preparing and launching a successful rewards-based campaign here.
Unlike the donation-based and rewards-based methods, equity-based crowdfunding allows contributors to become part-owners of your company by trading capital for equity shares. As equity owners, your contributors receive a financial return on their investment and ultimately receive a share of the profits in the form of a dividend or distribution. Read more about preparing and launching a successful equity-based campaign here