7 Ways Crowdfunding Is The Way Of The Future

Crowdfunding may have gained momentum in the mainstream the last few years, but isn't actually a new, or even a modern, concept. One of the earliest crowdfunded projects welcomes visitors to New York City. The American Committee of the Statue of Liberty couldn't scrape together a third of the costs, and the Governor Grover Cleveland wouldn’t pay for it. Stuck without a solution, New York World publisher Joseph Pulitzer (yes, that Pulitzer) took to his own newspaper and in a few months raised over $100,000.