Crowdsourcing
is a form of practice that connects millions of people for the same purpose
just like increase efficiency, problem-solving and often innovation. Crowdsourcing
is going to utilize the web 2.0, social media and the latest technologies of
its effective working. In different industries, crowdsourcing is going to used
and also reached a higher level. It is also helpful for smooth connectivity
that connects every person to share the funds, expertise, time and ideas for
any specific reason. Crowdsourcing is belonging to mobilization to some extent.
This act provides many opportunities to an organization that handles in many
different matters like help in reducing cost, optimization the task,
opportunities for co-creation, deeper consumer engagement and new and
innovative ideas and their solutions. So it can be said that the crowd is a platform
that connects millions of people on the internet and they can easily share
their thoughts and ideas and information related to all type of projects. It
also provides localized information and also solves tricky problems that
enhance the knowledge and wisdom of the people. So it can also state that crowd
using by the organization make very closely with their stakeholders and they
create and find new ways and values of performing the groundwork. In an increasingly
connected world, the future belongs to human-based, its ability to create new
terms and also participate with its skills in all type of projects. (crowdsourcingweek.com, 2019)
For
an organization to reinvent and rethink the conventional processes offer new
opportunities and organization working at board level that the business models
are open innovation, collaboration, co-creation and crowd funding that are now
going to use to determine new ways and methods. The crowdsourcing is going to
change all previous methods of the market, making, and research, hiring and
working in the organization. As it interacts with different businesses and also
touches to all social media links and websites. It also offers new
opportunities to the people to increase their voice and also utilize the empower
of citizens. Crowdsourcing also accelerates innovation and focus on problem-solving
techniques in science and health are departments. It also challenges the
conventional banking and investing system and revolutionizes the new system. So
crowdsourcing is very helpful in different fields like reinvesting financial
models, reinvest work model, reinvest business model, increase efficiency,
engage consumer and citizens, share ideas, save cost, co-create and accelerate
innovation among many organization and industries and utilize the efforts and
ideas of new and fresh mind that can think more innovatively and also bring
such attractive ideas that enhance the credibility of the business and that
will attract more customers and enhance the future scope because the market
requirement is going to change with the passage of time and people want to new
and innovative products according to their needs and requirement so the crowd
souring is very helpful in this regard and open new ways to get new ideas and
expertise and get more information among people. (study.com, 2019)
Funding and investment markets:
Funding
means that utilize the money at some resource to generate some better results.
Investment id also using the same term as an investment means to spend your money
at some specific place that generates some product and at the end give some benefit
to the investor. So the investment markets are also very common in the business
field and many investors are willing and still investing their money in such
markets because they want to utilize their money and they invest their money in
a specified time period and then earn profit against their investment. If the
investor didn’t want to get the advice of any professional related to their
investment then there are also many platforms that give many options to the
investor and they can hold share, any other asset of funds at the same place.
The platform is the place of service used by a consumer of financial advisors
to administer and view their investment portfolio and all details related to
their investment. The platform also provides custody for customer assets
related to arrange and aggregate for the sale and purchase of an investment. There
are many investors that prepare their investment portfolio in such a way that
they presenting the mix of risk through their portfolio and also use the asset
classes list to get detail information. (CHEN, 2019)
It is better for an investor to start with
simple investment at one place and after some time then invests in multiple
places and generates its investment portfolio. Before selecting the real
estate, and stocks it is better to select the mutual funds or ETF exchange-traded
funds because in start investor didn’t know what the major and minor issue
related to investment are. People are very busy that they cannot easily
determine their portfolio at regular intervals so they utilize the index fund
to determine the situation of the market and also consider their own investment
in what direct going to move. There are multiple types of investment and funds
that an investor is going to present and utilize any type of its investment
opportunities such as cash, bonds, stocks, mutual funds, exchange-traded funds
and many different investments like commodities, hedge funds, and private
equity funds and real estate. So its depend on the investor that at what method
he is going to utilize to invest its investment and get benefit from that source
because every type of investment has some benefits and also have some
drawbacks. So investors take its decision after complete investigation and
satisfaction. Many types of markets are there that are utilizing the investment
of different investors and give them enough return against their investment.
These different type of investment is very beneficial for the business and also
for different organization and also promote the utilization of money among
investors because they money can give many benefits if it utilizes incorrect
direction and also promote the economy at the right direction with the help of
investors. (Murray-West, 2015)
A platform for the crowing sourcing:
Crowdsourcing
funding organizations are very helpful to provide funds in all type of
industries. There are many types of crowdsourcing organization who are willing
to invest in the business and also help different projects in their making and
also for completion. Some examples of the crowdsourcing are;
Crowdfund:
crowdful platform is some type guideline or web book and eBook that communicate
with different organizations and enterprises that want to get benefit from the
crowd power and also move their business at the upward direction with the
support and funding of crowd and its members. This platform is very much
beneficial for the small business and startups to increase at the level of
bigger companies. (indiegogo.com, 2019)
Kickstarter:
this platform is very helpful for scientific projects and businesses. They
provide support, innovative ideas and also proper finance for all those who
bring new and technological advancement projects and they have a lack of
finance in their project making. So this platform provides them proper support
and financial help to manage their projects and also get maximum benefits. (kickstarter.com, 2019)
Herod:
this crowdsourcing platform is very helpful for all those who want to meet
challenges and this provide many solutions for all those problems that users
going to face related to their work. And also provide innovative thinking
related to their tasks. This platform offer proposals and individuals of
satisfactory number and diversity that can manage all type of challenges. (herox.com, 2019)
Indigo:
for big business, this platform also provides a wide range of funds and with
this, they offer consumer based ideas that bring innovation and new
technologies in the business. This platform allows customers to spend their
money ion new product before other competitors get involve in the market for
the new product and promote the working of the businesses. (Mearian, 2016)
Crowdfunding:
crowdfunding is a platform that raises the funds for the organization and also
for individual projects through a donation that collected with the help of
other businesses, strangers, friends and family, and many others. With the
increasing awareness through social media, people can get more people who are
actual needer for the donations. (crowdfunding.com, 2019)
Groundsmen: this platform allows the users to
get the funds for their business or projects. Whatever your goal is the
gofundme platform provides huge donation whenever you required. They are only
offered to get funds and accomplish their objective.
Just-giving:
this platform provides funds for many purposes more than business or personal
projects that include taking action in case of emergency, celebrating any
occasion, help people in need and also taking part in the charity events for
good purposes. (.justgiving.com, 2019)
Face
book: this platform connects millions of people and through this platform, they
can help others through funding and also provide innovative and creative ideas
belong to any field of study and business.
Rocket hub:
this platform provides funds for the field of art, business, science, and
social purposes. When the project achieved successfully then this will also
receive a reward from the platform. (Hines, 2014)
Fundraiser: fundraiser is a platform that can run the fundraising campaign successfully for
any purposes. They offer support and help who cannot bear high fees and also
need proper help. (fundrazr.com, 2019)
In
Germany, there are three most famous crowding sourcing platforms that mostly
used by the users are; Export, Zinsland, and bergfurst.
Exporo:
this crowdsourcing platform handles the project more than 52 and also capture
the market share of 40%. This platform increases its revenue with the help of
e- ventures, BPO capital, sunstone and holtzbrinch ventures.
Zinsland: this platform starts its working from 2014.
And almost 25 projects run successfully and financed them. It uses such an
effective plan and development that increase their employment rate every year.
Bergfurst:
this platform is earlier started as comper to others and work as equity
crowding platform and then it completely belongs to real estate projects and
also provide finance t real estate projects.
The platform of the funds and
investment of Crowd-sourcing
There
are many technologies that are going to use for the purpose of investment ad
provide better facilities to invest in the platform that gives guarantee o its
user's ad also provide better facilities related to investment opportunities.
By using the internet, we can utilize multiple ways to invest and also get financial
practice and trusting the things that handle on the internet at large scale.
Before selecting the best platform all the factors related to investment must
be considered with attentively because it is not easy to invest in one place
and after that invest at some other place. So there is multiple platforms for
the investment that includes Predictlt, Fanduel sportsbook, coinbase, fringe
investment platform, acorns, stash, Robinhood, TD Ameritrade, ally invest,E-trade,
and Fidelity Investments. These platforms are very helpful in investing with
multiple benefits and also offer many benefits to the investors. Every platform
has unique attributes and also handle all the issues of the investor in a very
effective manner so that investor feel very comfortable and also obtain many
benefits by investing in these platforms and also consider its investment
portfolio in a very better way. (Boricha, 2019)
Conclusion on Crowd-sourcing,-funding and
-investment market
In
the end, we can conclude our discussion in such a way that the crowdsourcing
and funding and investment markets are the laces or platform that is making or
developed for the benefit for the users. Crowdsourcing provides a platform to
keep in touch or stay connected millions of people at the same time and at the
same place and get better ideas and advice related to their work and about
their projects and also resent new and innovative ideas that support the
newcomers and also provide them suggestion related to professionals and
experts. Because there are many issues arises when a person going to start its
work and having no idea related to its after-effects so such platforms are very
helping and supportive for such type of people. Investment and funding platforms
are very helpful to provide better opportunities to invest their money and also
help them to promote the investment opportunities in better way and get the
better results because investment is very important for every organization or
business and every person who have sufficient money want to utilize its money
in a better way and also want to get more benefit by utilizing it.
Reference
of Crowd-sourcing, -funding and -investment market
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Bensoussan, H. (2019, oct 19). 13 Best crowdsourcing
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Boricha, M. (2019, july 7). 10 Best Online Investment
Platforms of 2019. Retrieved from
https://www.techrrival.com/best-online-investment-platforms/
CHEN, J. (2019, july 19). introduction to investing.
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crowdsourcingweek.com. (2019). What is Crowdsourcing?
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& Examples. Retrieved from https://study.com/academy/lesson/what-is-crowdsourcing-definition-examples-quiz.html