Yung here. Just wanted to give you an outlet to voice your questions/concerns/feedback regarding the subject of crowd funding. This came about because one of our VENDORS is going this route to launch his business product.
If you're not familiar with what crowdfunding is, I took the liberty to copy this definition straight from WIKIPEDIA:
is the practice of funding a project or venture by raising monetary contributions from a large number of people, typically via the internet.
One financial expert describes it as “large groups of people combining their economic power to support an organization, company or project they believe in.” ~ https://en.wikipedia.org/wiki/Crowdfunding
We have always been cautious about fundraising here on Catforum simply because we have no way of vetting if the cause is legit in every single case.
We're not here to try to convince you that crowdfunding is different than fundraising but just so you know, we firmly believe it is. Regardless if a vendor comes here to advertise their product/service and said product/service isn't actually in production, our team vets ALL potential vendors BEFORE they are approved to come and advertise on Catforum.
If a vendor wants to come here and present an idea to the community and is going the crowdfunding route, the decision is still up to YOU as a member here on Catforum whether or not to support it. You are free to ask questions of the vendor (regardless if they are crowdfunding or not).
We aren't purposely out there looking for vendors who are crowdfunding. If they come our way, we will do our due diligence and present to you the vendor.
Looking forward to any feedback or questions you have about CROWDFUNDING.