noun - Crowd funding or crowdfunding (alternately crowd financing, equity crowdfunding, crowdsourcing, or hyper funding) describes the collective effort of individuals who network and pool their resources, usually via the Internet, to support efforts initiated by other people or organizations. Crowd funding can also refer to the funding of a company by selling small amounts of equity to many investors and is used in support of a wide variety of activities, including disaster relief, citizen journalism, support of artists by fans, political campaigns, start-up company funding, movie or free software development, inventions development and scientific research.
Examples in the Open Water World
- Oru Kayak was started with crowd funding via Kickstarter in 35 days.'
Video of Crowdfunded Project
- Indiegogo for DRIVEN
- Are You DRIVEN?
- Carry On Your Escort Kayak
- Kick Start A Pool In A River
- Sponsor My Swim website
- Oru Kayak Inspired By Paper Used On Water
- 2013 World Open Water Swimming Offering Of The Year
- Rocky Reefs Marks The Spot For Corina
- Massive Swimming Projects In The World's Grandest Cities
- Oru Kayak Launches A Second Crowdfunding Success