The internet has so much to offer; if used properly, it can prove to be a wonderful aid. Accumulating funds from various sources for a greater good has now become easy with online tools. Crowdfunding refers to the procurement of numerous funds from worldwide sources of investors willing to make a contribution. This is helpful because it does not matter if the individual contributions are less as long as the number of contributors is well above a range.
Crowdfunding has proved to be immensely useful for entrepreneurs looking for investments to embark upon their small scale ventures. Crowdfunding is popularly known as fundraising where funds are accumulated from aids via the internet. Online crowdfunding thus helps the project initiators to approach the potential investors and also to spread awareness of their projects to a much bigger crowd than it would have been possible manually.
There are a number of websites available all over the internet which prove to be absolutely reliable online tools for initiating a fundraiser. Of these Ketto deserves special attention. It is in fact Asia’s most visited and trusted online fundraising platform. It is free and easy. Anyone can initiate a fundraiser via Ketto.org. They also receive immediate updates on their email or phones, about the progress of the ongoing fundraiser. Not only that, they also receive tried and tested marketing tips which aid to better the fundraising. So basically, crowdfunding makes use of the easy accessibility of vast networks of people through social media and crowdfunding websites to bring investors and entrepreneurs together. And thus, crowdfunding has the potential to increase entrepreneurship by expanding the pool of investors from whom funds can be raised beyond the traditional circle of owners, relatives and venture capitalists.