Crowdfunding is the collective cooperation by people who network and pool their money together in order to support an effort.
Crowdfunding replaces formal and traditional fundraising techniques with a more casual yet powerful approach, based on crowd participation and groups around the world who share an interest in funding a person, project or event.
The access to information further spreads awareness about the cause. There are many websites dedicated to crowdfunding causes, including disaster relief, inventions, music, arts, hospital bills, and political campaign fundraising.
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