WO Funding and Other Crowdfunders Raise Money for Diverse Causes
Does your dog need surgery but you can’t afford it? Do you want to raise money to go on a volunteering trip to Ghana? Do you want to get your new band into a recording studio? Finding it hard to raise funds in the traditional ways, like going to a bank? WO Funding could be just the answer that you are looking for.
Crowdfunding is the exciting new way to raise funds, through WO Funding. The examples above? Well, they actually happened. Hundreds of people from all around the world have raised money to give their loved dog a much needed operation, or develop a music video for almost $8000. They haven’t had to put their hands in their own pockets. They’ve simply leveraged the power of the crowd to find the money that they need.
This exciting new phenomenon of which WO Funding is an important part has been shown by a Monitor study to be likely to grow to $500 billion in transactions annually, somewhere in the near future. Social change has been created and nurtured by using the crowd to raise funds. Some projects have raised $1000 in less than 24 hours. It is quite remarkable, and currently, in 2012, transactions are thought to be as high as $3 billion already.
Those who post projects usually have to offer some kind of small rewards to those putting up the cash to get the project off the ground. For example, according to the New York Times:
“Those who give a few dollars to a movie making project might get their names in the credits, while someone who puts up $100 to support the development of a smart wrist watch might be promised one of the finished products”.
While not every project works out, it’s not for the lack of funds to do so. And there’s no end to the different types of projects that can raise money through WO Funding. People have raised money to develop exciting new projects such as Wi-Fi enabled energy efficient LED light bulbs, or providing money for people to provide life saving treatment to those that simply do not have the money to pay for it, perhaps in Costa Rica or Indonesia. Such projects go viral, raising massive funds in just a few hours.
The crowdfunding approach engendered by WO Funding, among others, is here to stay and anyone can benefit. All you have to do is go to the website, sign up and list your project. With an exciting and appealing project description and photographs or a video, your project could raise literally thousands of dollars, through sourcing funding from the crowd out there in the cyber world.
So, whether it is organizing a surprise party for your wife’s 40th birthday or getting money to test your new invention or develop it on a larger scale, WO Funding the crowdfunding website could be just what you were looking for to make your dreams come true.