SportcashOne Crowdfunding — Statistics & Facts
The athlete Sportcash One crowdfunding social network will offer brands and fans to sponsor athletes and sport associations, to create sustainable projects an careers .
Fans and brands will be able to donate Sportcash One from all around the world for many unbanked athletes, with the security and transparency of blockchain technology.
The social network ecosystem will show brands and fans the best athletes, they will then be able to vote their favorite action sport competitor to receive fundings by our crowdfunding program.
Crowdfunding is the collective effort of a large number of individuals who network and pool small amounts of capital to finance a new or existing business venture. Each campaign is set for a goal amount of money and a fixed timeframe, each day is counted down and the money raised will be tallied up for visitors to follow its success. The number of crowdfunding platforms worldwide is on the increase and the main markets are the United States and the United Kingdom.
This statistic presents the average amount of money raised per crowdfunding campaign in the United States from 2014 to 2016. The average amount raised by successfully funded campaigns in the U.S. in 2016 amounted to over 32 thousand U.S. dollars.
The change of financial climate following the 2008 financial crisis has given rise to the culture of crowdfunding. The stringent post-recession lending policies perused by banks and the resulting difficulties experienced by small businesses to get credit have compelled people to seek means of alternative lending as a way of sidestepping bank loans. The amount of money raised through crowdfunding worldwide grows from year to year.
