Crowdfunded: meaning, definitions and examples
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crowdfunded
[ kraʊdˌfʌndɪd ]
funding method
Crowdfunded refers to a financial method of raising capital through the collective effort of a large number of people, typically via the internet. It often involves small contributions from a multitude of backers to support a project, business, or venture.
Synonyms
collective financing, community-funded, crowdsourced.
Examples of usage
- The new app was successfully crowdfunded on a popular platform.
- Many artists are exploring crowdfunded projects to fund their creative works.
- The film was crowdfunded by fans who wanted to see it made.
- Crowdfunded initiatives can lead to innovative solutions.
Translations
Translations of the word "crowdfunded" in other languages:
🇵🇹 financiado por crowdfunding
🇮🇳 क्राउडफंडेड
🇩🇪 crowdfinanziert
🇮🇩 pendanaan massal
🇺🇦 краудфандинговий
🇵🇱 finansowany przez crowdfunding
🇯🇵 クラウドファンディング
🇫🇷 financé par crowdfunding
🇪🇸 financiado por crowdfunding
🇹🇷 kitle fonlaması ile finanse edilen
🇰🇷 크라우드 펀딩된
🇸🇦 مُمَوَّل من خلال التمويل الجماعي
🇨🇿 crowdfundovaný
🇸🇰 crowdfundovaný
🇨🇳 众筹的
🇸🇮 financiran s crowdfundingom
🇮🇸 fjármagnaður með fjöldafjármögnun
🇰🇿 众筹 арқылы қаржыландырылған
🇬🇪 ჯგუფური დაფინანსებული
🇦🇿 kütləvi maliyyələşdirilmiş
🇲🇽 financiado por crowdfunding
Etymology
The term 'crowdfunded' originated in the early 2000s, evolving from the combination of 'crowd' and 'funding'. 'Crowd' refers to a large group of individuals, emphasizing the collective aspect of support, while 'funding' denotes the provision of monetary resources. The rise of the internet and social media platforms facilitated the growth of this concept, allowing entrepreneurs, artists, and creators to seek financial backing directly from the public. The first major crowdfunding platforms, like Kickstarter and Indiegogo, were launched in the late 2000s, leading to a significant increase in the popularity of crowdfunded projects. Over time, this method has transformed the traditional financing landscape, enabling various initiatives—from startups to philanthropic causes—to thrive through communal financial support. The phenomenon has also prompted discussions on the ethics and efficacy of crowdfunding, as well as its impact on the traditional investment models.