Back in the day when the rent needed to be paid, people used to hold rent parties. At these parties, the tenant would charge a nominal fee in order to raise enough funds to ensure they kept a roof over their heads. Today, that would be called crowd funding. This is where a group of people put their money together to support a cause or fund a project on the Internet.
Kickstarter.com and Indiegogo.com are two of the main crowd funding sites on the Internet today. Others crowd funding sites bursting on the scene are Rockethub.com, Newjelly.com, and Quirky.com, and Cofolio.com, which target specialty projects.
via Crowd Funding Tips For African American Artists | Shadow and Act.
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