Donation (rewards based) Crowdfunding is the practice of funding a project or venture by raising small amounts of money from a large number of people, typically via the Internet, in exchange for a tangible, non-monetary reward such as a t-shirt, a pre-released CD, or a finished product.
Musicians, filmmakers, authors, and inventors have successfully raised funds and created awareness through crowdfunding.
Some of the most popular crowdfunding sites are Kickstarter, Indiegogo, Rockethub, and GoFundMe.
An early example of Crowdfunding in the U.S. occurred in 1885 when renowned publisher, Joseph Pulitzer, placed an article in his newspaper, The New York World, asking for pledges to build the pedestal for a recent gift from France, the Statue of Liberty. Over $100,000 was raised from around the world in 5 months. The rest is history.
Every year, Daypunch will make a generous donation to Heifer International. Heifer puts donations to work by providing livestock - chicks, bees, rabbits, pigs, sheep, goats, llamas, water buffalo, heifers - and training in the world's poorest places. What can bring more hope to a struggling farmer than a gift of fast-multiplying livestock? Plus, each family agrees to give the animal's first female offspring to another family in need. It's called 'Passing on the Gift' ... It's the gift that multiplies.