The most misunderstood part of crowdfunding is funding itself. Before I get into the why, let’s recite the definition of crowdfunding first.
Writing Grasruts From Scratch.
A Year Of Crowdfunding In Nepal
Grasruts turned one today (Jun 19, 2018) and the whole team is thrilled to have completed a year of crowdfunding in Nepal.
“Whenever you’re trying to do something new in this world, if you’re trying to create any kind of meaningful change, especially change that you know will help the world, you have to expect resistance.” – Danae Ringelmann
Will Crowdfunding Take off in Nepal?
I have been working in Crowdfunding for a little more than a year and this is what I think.
A Crowdfunding Guide For A Nepali
Before Starting the Campaign
While crowdfunding can be a lucrative tool to raise money, it may not be so for every project out there. If your project have a community behind it then you can start a crowdfunding campaign. For eg, Manjushree Trail was about finding a circuit trail of the Kathmandu Valley and there were outdoor enthusiasts who already wanted to hike the trail but could not. These people formed a community who would support the project.
Rewards Based Crowdfunding
Is Crowdfunding a ‘Glorified Begging’ ?
Would it be okay if I come and ask for money with you without giving anything in return to finance my personal goals/experience? You will definitely hesitate. Everybody knows that such pleas are called Begging.
Crowdfunding for Startups in Nepal
ROI in Crowdfunding
What is the ROI for the money you pledged to any crowdfunding campaign?
It depends upon the type of crowdfunding. In Nepal, the two legal crowdfunding type is REWARDS BASED and DONATION BASED.