Crowdfunding is a method of raising capital through the collective effort of a large number of individuals, typically via the internet. It allows entrepreneurs, artists, and organizations to present their projects or ideas to the public, who can then contribute funds in exchange for rewards, equity, or other incentives. Popular platforms like Kickstarter and Indiegogo have made it easier for creators to connect with potential backers. This approach democratizes funding, enabling people to support projects they believe in, regardless of their financial background. Crowdfunding has been instrumental in launching innovative products, funding creative endeavors, and supporting social causes, showcasing the power of community-driven finance.