FeedTheArts.com Initiates Time Funding Finally, A Funding Platform is Introduced And No Cash is Required
NEW YORK, June 26, 2013 /PRNewswire-iReach/ -- Most of the time, especially during a national economic struggle, a majority of the population is left out of crowdfunding due to the need for disposable income. Right now, there are only about 2% of people nationwide who are financially liquid enough to participate in crowdfunding. Crowdfunding is the concept of mass groups of people coming together to collectively raise money on an artist's behalf to fund their project. Essentially, Time Funding is the ultimate version of mob funding--with NO cash required!
FeedThe Arts.com is creating an opportunity for fans to contribute to an Artist's project by donating their TIME rather than money. It's safe to say that a good part of the community logs many hours a day on the computer. Fifteen minutes a day is all that is needed to participate in Time Funding. Membership is easy and costs nothing to join and be involved. Turning the donated time into real currency for the artist and service provider is easy. FeedTheArts.com uses their advertising program to fund the projects as the fans earn the virtual currency called "Helping Hands." Service Providers can feel secure, as there is no SEC or Job Acts involvement because it's actually the company's money that is shared for the project funding.
Currently, FeedTheArts.com is the first site of it's kind. In the near future,
Time Funding will expand to not only cover Art, Literature, Music, Acting, Photography, etc., but will soon grow to include Time Funding of businesses, real estate, non-profit organizations, charitable causes and more.
No Cash Required. It's about TIME!
Media Contact: Lauren Daddis, Feed The Arts, 3103826127, firstname.lastname@example.org
News distributed by PR Newswire iReach: https://ireach.prnewswire.com
SOURCE Feed The Arts