To raise funds online you need to let donors know your cause as clearly as possible. Get in touch with beeyodo at +919903647518 or write to us at firstname.lastname@example.org. We will get in touch and build the ideal fundraising campaign together.
Beeyodo will promote your cause through all possible channels.Simultaneously you can promote it yourself through in-built social media functionalities.
Beeyodo charges 6 or 8 percent (depending on the nature of the project) of total donation received as fees to continue its operations and expand its coverage. Fees are deducted and amount is disbursed 15 days after the campaign completes its duration.
Oxford Dictionaries define Crowdfunding as: crowdfunding I Noun Pronunciation: /ˈkraʊdfʌndɪŋ/ the practice of funding a project or venture by raising money from a large number of people who each contribute a relatively small amount, typically via the Internet.
The first instance of online crowdfunding was in 1997, when fans underwrote an entire U.S. tour for the British rock group 'Marillion', raising US $60,000 in donations by means of a fan-based Internet campaign. The idea was conceived and managed by fans without any involvement from the band.’ - Source: Wiki, socialmediaweek.org
The phenomenon of crowdfunding is older than the term "crowdfunding". The earliest recorded use of the word was by Michael Sullivan in fundavlog in August 2006'. In an interview with crowdfunding.de, Sullivan said, 'As I focused more on how to help fund the videoblogger's projects such as new web shows and documentaries, I decided to build another platform in 2006 that I called, 'fundavlog'… During early development of fundavlog, I wanted a better term to use to describe what fundavlog was for. I came up with Crowdfunding and registered crowdfunding.com' - Source: Wiki, socialmediaweek.org, wordspy.com, crowdfunding.de
The size of Crowdfunding Industry worldwide grew from $ 2.7 bn to an estimated figure of $ 34.4 bn in 2015. Size of Reward and Donation based crowdfunding was estimated to be at $5.5 bn in 2015' Source: Massolution/Crowdsourcing.org 2015 CF Crowdfunding Industry Report.