Asked by Sarah Kirkpatrick on Feb 18, 2024
Verified
The most established crowdfunding site is ______.
A) Indiegogo
B) Kickstarter
C) Crowdrise
D) Tilt
Crowdfunding
The process of raising funding for a new venture from a large audience (the “crowd”), typically through the Internet.
- Familiarity with different crowdfunding platforms available.
- Knowledge of the most established crowdfunding sites in the market.
- Understanding the concept of crowdfunding and its significance in raising funds for various projects or initiatives.
Verified Answer
ST
Shellie Torres
Feb 18, 2024
Final Answer :
B
Explanation :
Kickstarter is the most established crowdfunding site, having been founded in 2009 and generating over $5 billion in pledges from over 19 million backers. Indiegogo and Crowdrise are also popular crowdfunding sites, but Kickstarter has the most longevity and success. Tilt is no longer in operation, so it is not a relevant choice.
Learning Objectives
- Familiarity with different crowdfunding platforms available.
- Knowledge of the most established crowdfunding sites in the market.
- Understanding the concept of crowdfunding and its significance in raising funds for various projects or initiatives.
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