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How crowdfunding work & where to get funding

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johncampbell

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How crowdfunding work & where to get funding
« on: June 28, 2019, 05:54:08 PM »
Hi Everyone,

I little bit knows about how crowdfunding work. "The best part of crowdfunding is that companies take money as a preliminary reservation of the product. This means that people who raise funds receive their products as soon as the company finishes production. If the company does not reach its goal, the platform will return all the money to all fundraisers through an automated system."
Here are the few crowdfunding platforms which every body knows. Indiegogo, Kickstarter, Fundable, and Patreon offer this trusted system. I also read several blogs (https://www.cloudways.com/blog/what-is-crowdfunding/) but wanted to know more about it.

Thanks