Crowdfunding is used to fulfill the required financial need of startups or businesses mostly. But crowdfunding is being used to raise funds for social causes by Non-governmental organizations (NGOs) or by individuals and by artists for their art such as filmmaking, music and others. Raising money for causes is the most effective and efficient on crowdfunding platforms and this is expected to increase the global Crowdfunding Market Penetration.
Crowdfunding is used to fulfill the required financial need of startups or businesses mostly. But crowdfunding is being used to raise funds for social causes by Non-governmental organizations (NGOs) or by individuals and by artists for their art such as filmmaking, music and others. Raising money for causes is the most effective and efficient on crowdfunding platforms and this is expected to increase the global Crowdfunding Market Penetration.
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