Updated: 06/07/2019 by Computer Hope
Illustration of people with money pointing to person holding a lightbulb.

Crowdfunding is a method of obtaining funds for a project via the Internet. Users can create campaign pages for a product, idea, or another cause for which they need funding, and set a goal for how much money they need to raise. Contributors can support the cause by donating money and may receive prizes from the creator for more substantial contributions.

Popular crowdfunding websites include GoFundMe, Indiegogo, Kickstarter, and Patreon.

Company, Crowdsourcing, Early access, Internet, Internet terms