Crowdfunding has become a well-known method of raising capital among startups and businesses for the development & launch of new products/services. Over the years, many new platforms have come into existence with the support of crowdfunding.
Kickstarter was the first crowdfunding website launched worldwide that became heavily successful. After this, various new crowdfunding websites have been coming into existence.
In 2020, the covid-19 pandemic caused a lot of losses in various businesses worldwide. However, it hasn’t affected crowdfunding platforms. They have grown exponentially even during the tough times. Let’s quickly skim through the latest crowdfunding statistics:
As per Statista, $17.2 billion is generated every year via crowdfunding in North America.
On average, 22.4% of crowdfunding campaigns. become successful.
As per Statista, the global crowdfunding market size is anticipated to reach USD 25.8 billion by 2027.
If you have decided to build a crowdfunding website, you have reached the right place. Moreover, you might also have questions like how to start crowdfunding website? How to start a crowdfunding platform? How to make a website like Kickstarter?
To get answers to all of your questions, be with us till the end. Here, we will provide a step-by-step process to create a crowdfunding website.
Before we get ahead with the process, let us go through some basics.