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Founded in 2011, FUNDONAT is more a generic fund raising website aimed to utilise their existing community to help people with any project, which can be anything such as a cause, a film or really anything to reach their threshold by a defined particular timeframe. FUNDONAT charge for 4% of the total raised amount if you reach your threshold or 9% if the threshold is not reached. Visit the FUNDONAT.com Fundraising Donation, crowdfunding platform for creative projects and ideas. Raise the money You need now.

Crowdfunding is an alternative approach to raising finance. It’s evolved over the last decade, first in the film and music industries, then in journalism and now in venture finance. Unlike traditional models which rely on large commitments from one or two institutions crowdfunding is based on raising smaller sums from lots of people, who may be linked by social networks or shared interests.

Unbound’s underlying concept is simple. Authors begin by creating a pitch on the website. They provide an overview of the book, an excerpt, and a video. Readers that are interested in the book can pledge their support. Once a book reaches enough supporters the author begins writing. If the requisite number of supporters is not reached, the money is either refunded or credited to another book of the users choice.

Most applicants dont get their loans funded — 26,740 loans have been accepted, and 267,194 have been declined — but those who do get the money quickly. Usually, cash is deposited in the borrowers bank account within 10 days of an applications acceptance.

With the advent of the internet and web 2.0 technologies, large group of people can connect with each other and leverage on large scale collaboration to achieve collective goals. Crowdsourcing and crowdfunding are popular terms that are coined in accordance to this phenomenon.

As credit became more difficult to obtain during the downturn, many entrepreneurs tapped into alternative financing such as microloans, peer-to-peer lending and crowdfunding. Banks have since eased lending terms, but business owners are still exploring non-traditional financing.

If you are in charge of your fund raiser and need a great way to keep track of the incoming funds, you might want to try out the one used for years for this purpose. Never would Daniel Fahrenheit have thought of using his invention in this way exactly, but that is what is done these days. Of course, it is made not of glass but of non-breakable materials and lots of paint, hopefully red paint as the money creeps upwards.

There are other crowd funding sites, such as Invested.in, but FUNDONAT are much more often cited by indie film finance bloggers like Ted Hope or Jeff Steele. Though similar, the two platforms are also distinct.

Visit the http://fundonat.com Fundraising Donation crowdfunding platform. Your funding goal – raise money for your dreams. Create your project, its financing goal and deadline. Its free, secure, and fun. Learn more at FUNDONAT.com crowdfunding website for projects, presents, group purchases, charity, and any other dream!