Crowdfunding is spreading around the world because it is effectively used to help NGOs, businesses and individuals meet their financial obligations. Simply explained, crowdfunding can be explained as using a small amount from different people so that the cause/organization can be funded smoothly. It can be seen that crowdfunding in Bulgaria is inexorably growing. Crowdfunding in Bulgaria is simply an alternative to raising funds for charities, businesses, individuals and others, where a small amount of money in the form of contributions is provided by people from large groups.
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