It is the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet.(Ref: Oxford dictionary/Wikipedia). There are three types of crowdfunding models – reward-based, equity-based and donation-based.What kind of crowdfunding model GoRetreat.com adopts?
GoRetreat.com adopts a donation-based crowdfunding model, where the greatest joy is in the giving. However, we offer rewards in the form of redeemable retreat vouchers, digital copy of the book – “Win in the Jesus Way” and acknowledging them in the project website.