crowdfunding was our Word of the Day on 06/11/2014. Hear the podcast!
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Recent Examples of crowdfunding from the Web
Many such startups are using the crowdfunding platform to raise funds from potential early adopters to manufacture a device and attract media attention.
Best of the rest Former Gawker employees have launched a crowdfunding campaign in an attempt to buy and relaunch Gawker.com.
GoFundMe, a crowdfunding platform, has created a landing page that aggregates all campaigns created by and for Southern California wildfire victims.
Unlike clothes shopping, the crowdfunding platform gives you the chance to peruse a marketplace of ideas.
The group's legal fees in the landmark case are being paid for through a crowdfunding campaign, which has so far raised more than £20,000 (US $26,340).
On the crowdfunding platform, creators can raise money while also finding an audience for idiosyncratic titles and getting feedback from potential buyers as games are still in development.
Knight used the crowdfunding platform FundRazr to coax more than 9,000 volunteers into first donating money, and then sending samples of their poop through the mail.
And Dovecote Cafe launched a successful crowdfunding campaign to put a down payment on its building and expand.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'crowdfunding.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Did You Know?
Crowdsourcing and crowdfunding are two words that have recently found their way into the crowded pool of English. Crowdsourcing, which typically refers to the practice of soliciting services, ideas, or content from a large group of people online, was coined by Jeff Howe in a 2006 article in Wired, and crowdfunding was created by entrepreneur Michael Sullivan in that same year. Both words conceptualize "the crowd" as a vast online community from which something needed may be obtained. In crowdsourcing, the crowd is called upon for needed assistance or information. A well-known use of crowdsourcing is Wikipedia, whose content is the result of various contributors. Crowdfunding, on the other hand, involves a more specific request: the crowd is solicited for financial contributions to a particular venture or cause, such as a film project or cancer research.
First Known Use of crowdfunding
Seen and Heard
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