


In fact, crowdfunding for medical expenses has been a primary factor in the growth of GoFundMe and other crowdfunding sites. While GoFundMe offers the use of its platform to entrepreneurs, businesses, and individuals alike, GoFundMe’s brand centers on charity, with personal and charitable causes accounting for most of the GoFundMe campaigns. A GoFundMe crowdfunding campaign is not required to provide rewards of any kind to its backers, though it certainly can. Launched in May 2010 by Brad Damphousse and Andrew Ballester and headquartered in San Diego, GoFundMe is unique among crowdfunding platforms in that it does not operate on an incentive-based model. Touting itself as the world’s largest social fundraising platform with over $5 billion raised so far, GoFundMe stands at the confluence of escalating human need and social-media-fueled virality. But what many don’t realize is that GoFundMe can be used to raise funds for business projects as well. The GoFundMe crowdfunding site’s meteoric rise is a sobering reflection of our frayed times. Some campaigners have trouble withdrawing funds.Can collect funds without meeting your funding goal.World’s largest charitable crowdfunding site.Credit Card Processing Fees Infographic.BigCommerce VS Shopify Comparison: Which Is Better For Your Business?.Advanced Guide to Growing Your Online Store.Beginner's Guide to Starting an Online Store.

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