Benefits Of Crowdfunding


Crowdfunding is an ancient form of money collection that is later donated or given to someone who is in need of it. People come together to pool their resources and donate it to an individual or an organisation for its benefit. There are multiple ways to crowdfund and help someone in need leading to the growing business of online crowdfunding. We encounter needy people and animals everyday on our way but it is not possible for us to help each one of them or even one of them due to our fast-paced lives. This is where online crowdfunding comes to help as now, we as a society can collectively help improve the life of another being. Online crowdfunding has led to a positive impact being made in our society, also our motto behind Impaac Foundation – a non-profit website that adheres to the needs of people, pets and the environment with 0 percent charges and 100 percent transparency. This blog will help you in understanding why is crowdfunding necessary, its benefits and the multiple websites that give you the opportunity to crowdfund and help people. You can also refer to an earlier blog on crowdfunding, the link is provided below.


Some of the multiple benefits of crowdfunding are listed as below:

  • Feeling of Content and satisfaction

It is not always possible for us to go out there and help the ones in need and that might lead to feel guilty and unsatisfied. Online crowdfunding is a safe and viable option to donate to the needy via ngo’s that make sure your donations are being used for the betterment of the society. You get a feeling of contentment and satisfaction for being able to help people even with your fast paced lives.

  • Records of transactions

Online crowdfunding ensures that records of the donor’s transactions are kept properly to avoid dispute or misuse of the money. These records can act as proofs if the donor or the receiver act oblivious to the amount given or received. Offline crowdfunding does not contain records as such that lead to the misuse of money by the mediators.

  • Growing donor base

After a campaign is made on the crowdfunding website, millions of people come and donate for the noble cause. Many of these people become loyal donors for the website and the ngo helping them in future endeavours as well leading to a loyal fanbase that can even help in emergency situations.

  • Low or no fundraising cost

Most fundraising platforms charge a little commission fee from the actual amount raised that is deducted before the withdrawal by the Ngo or individual. Impaac however charges 0 fees on any campaign, the whole amount is directly transferred to the Ngo with no processing being charged.

  • Free marketing

Nowadays online marketing has had a huge boom in the market. Social media marketing is the new trend nowadays. After creating the campaign the crowdfunding as well as the Ngo’s share this campaign with the wider public via social media platforms like WhatsApp, Instagram, Pinterest, Facebook etc. Word spreads as people flock to donate to the cause.




  1. I like what you guys are up also. Such intelligent work and reporting! Keep up the superb works guys I’ve incorporated you guys to my blogroll. I think it’ll improve the value of my site :).

  2. What i don’t realize is in fact how you are now not actually a lot more neatly-liked than you might be right now. You’re so intelligent. You realize therefore significantly in the case of this subject, made me in my opinion imagine it from numerous varied angles. Its like men and women aren’t involved except it?¦s something to accomplish with Girl gaga! Your personal stuffs nice. Always care for it up!

  3. After research a few of the weblog posts on your website now, and I really like your method of blogging. I bookmarked it to my bookmark web site listing and might be checking back soon. Pls try my website online as nicely and let me know what you think.

  4. Thanks for your post. What I want to point out is that when you are evaluating a good on-line electronics retail outlet, look for a web site with total information on critical factors such as the level of privacy statement, safety details, any payment procedures, and also other terms and policies. Constantly take time to look into the help in addition to FAQ sections to get a better idea of how the shop functions, what they are able to do for you, and how you can make best use of the features.

  5. Based on my research, after a the foreclosure home is bought at a bidding, it is common for any borrower to be able to still have a remaining balance on the personal loan. There are many loan companies who try and have all costs and liens cleared by the future buyer. Nonetheless, depending on particular programs, laws, and state legal guidelines there may be some loans that aren’t easily solved through the switch of personal loans. Therefore, the duty still rests on the client that has got his or her property in foreclosure. Many thanks for sharing your notions on this blog.

  6. This is the suitable blog for anyone who desires to find out about this topic. You notice so much its almost exhausting to argue with you (not that I truly would want?HaHa). You definitely put a brand new spin on a topic thats been written about for years. Great stuff, simply nice!

Comments are closed.