A crowdfunding website like Kickstarter, Angellist, Razoo, Crowdfunder, Rocket hub and around thousands of solutions are available which are probably known as crowdfunding platforms. Crowdfunding platforms are one of the most demanding platforms in this present era.

As we know due to technology and online platforms it is very easy for us to easily manage as well as access all kinds of services through this online service. Similarly like other platforms, Crowdfunding is one of those platforms which makes the funding services easy for the user.

Why is a crowdfunding app required in this present time?

In today’s time as we have discussed over hundreds or thousands of solutions are available in the market. As the name suggests, Crowdfunding apps are related to funding services and are very useful in this present time.

If you have a unique idea in your mind which can be very useful for the Society and is very different from all the startups or the current business. But to launch that idea in a market you require funding or you don’t have financial support by which you can easily launch your ideas in the market.

It is very difficult for people to find funding for their ideas which can help them to expand their startup in the market with better financial support from different-different sources.

Crowdfunding apps or website platforms are the solutions which can easily help people to easily get funding for their startups or ideas through which they can easily launch the ideas and make a move to the growth of the business. People can easily get funding based on their ideas and its unique functionality from Different-Different sources without facing many problems.

Would you like to launch a Crowdfunding app in the market?

If yes then here in this article we are going to discuss all the key aspects related to launching a Crowdfunding app like Why it is profitable to launch a Crowdfunding app platform, the Working model of a crowdfunding app, the key features of a crowdfunding app and how much does it cost to develop a Crowdfunding app.

Why is it profitable to launch a Crowdfunding app?

As we know nowadays we people are more inclined towards the online services and due to this many business owners are transferring their business to the online platforms by which they can easily provide their services to the user through the online ways. Other profits of having online platforms are you can easily increase the number of customers.

Crowdfunding app

In this present time, the youth people have thousands of new startup or business ideas which are very profitable for the society. Majorly these new ideas or startups face the funding problem. They don’t have many funds to initiate their business in the market.

To such funding problems, crowdfunding app platforms are launched which can easily connect the people to the many fundraisers and by seeing the ideas anyone can fund the ideas easily through these platforms. This kind of crowdfunding platform makes the work easier for people to find funds for their business ideas.

If you look around in an app store then you can find hundreds of crowdfunding app solutions but still, people are looking for some unique features in a crowdfunding app platform. If you are thinking of launching any online platforms for generating money then you can launch your own crowdfunding apps in the market for connecting ideas to the fundraiser.

Launching an online platform like Crowdfunding app platforms also helps in making money from the platforms by monetising the app solution. Let me list down some of the best ways of monetising a Crowdfunding app solution:

  • Launch premium and subscription model of the app.
  • Integrate third-party ads services in your platforms.
  • By charging the direct commission on the fund’s money.

Working model:

In these kinds of crowdfunding apps Solution users can easily list down their unique ideas and also post the video of their ideas if required. They can easily describe their ideas along with the problem they have solved by this app solution. Users can also list down the unique features which make their ideas different from the other solution to get more funding.

On the other side, People or fundraisers can check the ideas of the new startup, connect with them and learn more about their ideas. If they find it unique and suitable for the society then they can fund the ideas through this Crowdfunding app services.

What are the key features of a Crowdfunding app solution?

In the above section, we have already discussed all the key points of launching this crowdfunding app solution in the market. Before launching this crowdfunding app solution you need to know the key feature of a Crowdfunding app which we can provide in this app solution.

Crowdfunding app

Basically, this Crowdfunding app solution mainly consists of three main panels. Let’s discuss each panel in detail:

User Panel

  • User login/Sign up 
  • Users can easily set up their account by adding all the basic details.
  • Users can list their ideas in their account.
  • Upload images as well as videos of the ideas.
  • Make changes and update to their app ideas.
  • List the details of the fund required.
  • Chat or Audio call module.
  • Payment management.
  • Close the funding.
  • Provide feedback to the app.

Fundraiser Panel

  • Login/sign in/Sign up.
  • Create their profile.
  • check the ideas.
  • Check the details of the ideas.
  • Fund the ideas.
  • Payment management.
  • Chat or Audio call module.
  • Provide feedback to the app.

Admin Panel

  • Admin login module.
  • User profile management.
  • Fundraiser profile management.
  • Ads management.
  • Premium and subscription model of the app.
  • Revenue management.
  • Categories of ideas management.
  • Verify the account of users as well as fundraiser.
  • Push notification.
  • Support app users.
  • Manage the feedback.

How much does it cost to develop a Crowdfunding App?

The cost of a Crowdfunding app mainly depends on your requirements as well as some basic factors of the app. For knowing the cost of developing the Crowdfunding app you need to know the factors on which the cost of crowdfunding app is dependent:

  • The app designing and development.
  • The basic features of the app.
  • The advanced functionality of the app.
  • The technology platform of the app (Android or IOS)
  • The complexity of the app.
  • Mobile developers experience.

So it is very difficult to provide an exact quotation of a Crowdfunding app platform. So here I am listing the approximate cost of developing a Crowdfunding app platform:

Timeline:

  • App Design:- 9 Working Days
  • Android App Development:- 25 Working Days
  • iOS App Development:- 25 Working Days
  • Web Backend & Apis:- 30 Working Days
  • Testing, Bug fixing, and Deployment:- 7 Working Days

Costing:

  • The approximate cost of developing a crowdfunding app is 5000-8000 USD.

The App Ideas is a leading web and app development company. We have provided the best solution for all kinds of IT services like Website development, Mobile app development, IoT app development and E-commerce platform development. We have a team of highly experienced developers who provide the best solution for a Crowdfunding app in best rates.

If yes then feel free to reach us. 

Would you like to launch a Crowdfunding app?

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WP Post Author

Chirag Panchal

Written by Chirag Panchal

Chirag Panchal is a Founder of The App Ideas, a leading web and mobile app development company specialized in android and iOS app development. He has expertise in various aspects of business like project planning, sales, marketing and has successfully defined flawless business models for the clients Delivering best solutions to its local and global clients leads to better business all around.

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