Are crowdfunding platforms worth it for both the giver and receiver? What are some good/bad things on both sides of the coin?

I have challenged myself to start a charity by beginning of July 2021. I am looking to start to raise funds to kick it off (legal fees, marketing, printing etc.) All is based on a charity donation project I have been doing since June


Cloud funding platforms are a good way of raising funds for various causes. However, a major concern on the part of the giver may be issues around transparency regarding what the money is being used for. To address this, there should be clear communication on the part of the receiver stating and possibly providing pictures showing what the funds have been used for.
In addition, if an option is going to be provided for donations to be made online, ensure that the platform is secure.

Answered 4 years ago

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