Yearly, $17.2 billion are raised through crowdfunding in North America alone. And the whole crowdfunding industry is predicted to reach $300 billion by 2030.
Despite tough competition with Kickstarter, Indiegogo, Patreon, and niche platforms, there are still untapped areas for new players. Moreover, while most of the economic spheres suffered during the outbreak of COVID-19, crowdfunding platforms, on the contrary, shined with donations that help people and organizations fight the pandemic and crisis.
How to start a crowdfunding website? Below we’ll talk about business opportunities, cover the technical aspects of development, and discuss possible challenges. Read on!