Types of crowdfunding and its scope

What is Crowdfunding• Crowdfunding is a way of raising money through the

medium of website.• The fundraisers will create

a profile seeking funds fordeveloping their Idea/Project/Startup/Organization, etc

• Numerous interested individuals offer a certain amount of money. All the money is utilized by the fund seekers for the raised purpose.

Types of crowdfunding

• Equity-based crowdfunding

• Donation-based crowdfunding

• Lending-based crowdfunding

• Reward-based crowdfunding

Equity-based crowdfunding

• Startups or fundraisers seek funds by campaigning on an equity crowdfunding site.

• Interested individuals donate any sum of money.• Fundraisers pool the money and put to use for growth

of their startup, company.• The donors in return get equity stake in the

fundraiser's startup, company.

Donation-based crowdfunding

• This kind of crowdfunding is more philanthropic in nature.

• The fundraisers campaign on donation-based crowdfunding site is to seek funds for a social cause.

• Individuals, charity organizations, NGOs can carry out a campaign.

• The social conscious donors in return get a 'Thank You' from the fund receivers.

Lending based crowdfunding

• As in other types, startups or companies campaign on Lending or Debt-based crowdfunding site for funds.

• The Lenders in return do not get any equity from the company.

• However, it is legally binding on the fundraisers to pay back the raised money in the form of loan.

• It is paid back in certain intervals with interest money.

Reward-based crowdfunding

• Individuals offer funds to a project, startup or a company.

• In return, they get a product or service the company produces.

• This type of crowdfunding is considered to be of low risk and effective.

Advantages of crowdfunding

• It leads to conversion of smart ideas into Big businesses.

• It is a one way of testing the business idea.• Raising money would be easier and an alternative to

financing through banks.• It gives marketing to your startup during your funding

campaign period.

Demand for crowdfunding websites

• The demand for much better and modern crowdfunding sites is ever increasing.

• There is also demand for niche crowdfunding sites catering to specific types of businesses.

• Crowdfunding sites that give better user-experience are in great demand.

Scope of crowdfunding as a business

• Starting a crowdfunding website as an entrepreneur brings with it many benefits.

• As crowdfunding platform has become mainstream, its business scope has also grown bigger.

• On successful completion of fundraising on your site, you could get certain amount as commission.

• Over a period of time, the revenues increase, making you a successful entrepreneur.

Smart way to launch a crowdfunding site• An excellently designed and developed script should

create you an ideal crowdfunding site.• Clone scripts that have been developed based on

successful crowdfunding websites can be highly helpful.

• Using clone scripts, Reward, Equity, Donation, Lending based crowdfunding websites can be launched easily.

• Agriya, which has been featured in NYTimes and Forbes for its next-generation web designing, is a leading web development company that offers crowdfunding scripts.

Who is Agriya?

Agriya is a pioneer in Clone scripts and web development. We have built more than 300 websites. We give end to end solution for building a website, from the designing to coding we take care of it. Our services extend from online business to mobile application business as well. We have developed fantastic products like

Getlancer Platform

Crowdfunding Platform

Etsy Clone

Contest Software Thumbtack Clone Booking and rental software

Groupon Clone Fiverr clone Airbnb Clone

Who is Agriya?