Crowdfunding History is old enough. Crowdfunding History has evolved through ages before reaching this age of technology. Without knowing the concept of crowdfunding, people used to do it. Since it was not termed crowdfunding then, makes people wonder had they really been doing this for centuries. However when Crowdfunding History is explained to them, people find it not new but an old concept in a new form. Crowdfunding today is although in its finest form, but old Crowdfunding History makes it familiar and relevant to the common people even today.
Some Old Forms of Crowdfunding History
Crowdfunding History takes crowdfunders back in time to make them familiar with the foundations of crowdfunding. It has many foundations, varying from place to place and time to time.
- Crowdfunding History shows how for constructing Temples, Mosques, Churches and many other Religious places people used to donate money. People would go village to village and expose their cause and would ask for donations.
- Crowdfunding History shows howAuthors used to advertise about their books and would ask for subscriptions. If a good number of people showed up it meant the book would go to the market, otherwise not.
- Crowdfunding History shows how people asked for money from the general public for undertaking research (Philosophical or Scientific) that would benefit the humanity and human consciousness Since it meant that they would have to aloof themselves from public life to concentrate on their work, they asked for necessary money for this undertaking.
- Crowdfunding History shows how to cure the sick suffering from deadly diseases, people used to raise money for them to get operated.
Modern Form of Crowdfunding History
In every case above, people are doing crowdfunding without using the term crowdfunding. In fact, term crowdfunding evolved later on with the advent of the popular internet which became the sole medium for crowdfunding industry. Crowd funding History clearly shows that Internet paved the way for social media which got people from every corner of the world connected. And hence began the new era of donating or investing called crowdfunding.
- Musicians were the first to use crowdfunding via the internet. Crowd funding History has many instances recorded to show that musicians or singers generated money from fans to do recording and marketing of their songs.
- To make movies, directors who could not get producers for their movies, also generated money from their fans through crowdfunding. They simply launched a website and fans showed up to donate them money.
- Crowdfunding History after that is known to everyone. Many crowdfunding websites were launched and they were used for every cause, from donations to finance and everything else.
- Businessmen turned to crowdfunding to start their businesses and people invested in their business projects. Similarly, social activists made social issues cause for donations and they did it through crowdfunding.
Today crowdfunding has become a universal phenomenon and everyone is aware of it and knows Crowd funding History. It`s being put to use by everyone, across the borders, and without barriers.
