Crowdfunding is a method of raising capital through the collective efforts of a large number of individuals, typically via online platforms. It allows entrepreneurs, artists, and other individuals to raise funds for their projects or ventures by collecting small contributions from a large number of people. Crowdfunding platforms often offer rewards or incentives to backers in exchange for their support. This method has grown in popularity in recent years as a way to bypass traditional financing channels and connect directly with a community of supporters.