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crowdfund

To raise funds for a project by soliciting donations from a large number of patrons.

Crowdfunding is often accomplished through websites like Kickstarter.com and Indiegogo.com. These websites handle the logistics of the crowdfunding campaign (website, donor accounts, money collection) in exchange for a percentage of the total amount raised.

Also see: subscription, patronage, micropatronage, donation, pay-what-you-want.