Crowdfunding has been a recent phenomenon in which start-ups can register to a website that gives them access to thousands of possible “funders”. In this case, certain campaigns have been used to purchase fertility treatments. “A couple created ‘operation baby’ a campaign on GoFundME.com in March. So far, the couple has raised $3,700 of their $10,000 goal.”
This article shows that crowdfunding has many possible applications that range anywhere from technology start-ups to philanthropy. With the ushering in of this technological era, the world has become increasingly connected, even when applying to money.
Read the full story at: http://money.cnn.com/2013/07/09/pf/crowdfundingadoption/index.html?iid=SF_T_River