Crowdfunding

 Over the last few years crowdfunding has become an increasingly common way of raising money for entrepreneurs. This practice consist of asking for a very little money -often the same amount that a coffee costs!- to a large number of people who are willing to support you or your idea.

 This method although it could seem silly or tedious has helped many people reach their objectives and earn a lot of money. It is mainly used by artists ,who don't usually earn enough on other online platforms to pursue their career, by small brands whose aim is to grow bigger, or by people who have a great idea but need certain budget to take it into action.

Furthermore, crowdfunding is highly used for solidarity purposes. Many ordinary people use it to ask for money to afford a medical procedure. However, there is a negative aspect about this; some people take advantage of the willing to help of people and lie about having an illness to earn money. This happens very rarely but there are cases when the person has obtained thousands of euros by a lie.

To sum up, as far a I am concerned, crowdfunding is an excellent way to help and support many careers, small business and help people. Nevertheless, it is important to know a little about the person you fund to make sure their project is real and avoid a scam.