Crowdfunding [kroud-fuhnd-ing] noun, the act of many people contributing money to a project in exchange for a good or service, esp. to expand and democratize opportunity: crowdfund the album; crowdfund the start-up; crowdfund the research; crowdfund the event
Concept origin: historical practice of public patronage of arts and science (e.g., Medici funded da Vinci). Today via the Internet artists, scientists, entrepreneurs, and social leaders receive smaller amounts from many public patrons, who get something they value in return.
What you get at RocketHub
These factors determine which projects achieve their goals.
Your network is the center of any successful project. Those who press the funding button will make an emotional connection with you and your project. Funders may be moved by your passion, the project itself, or both, but somehow you made them feel they had to support you.
How much money could I potentially raise with crowdfunding?
Look at all your social media connections and beyond.
Average RocketHub contribution is $75/person.