Are 0% fees inevitable for CrowdFunding platforms?

CrowdFunidng Our Politicians ?

By CrowdFund Beat News Wire

hubbub.net,
the world’s crowdfunding network for education, believes that freecrowdfunding is inevitable, and that the new wave of crowdfunding platforms will need toexplore alternative revenue models. In light of this they have taken the bold decision to leadthe way and drop their fees to 0%. Heres why!.”he ability to fundraise for anything has always been primarily based on a pro#ect creator’sown community and creativity$ the platform& itself is rarely relevant. “here are thousands ofcompeting crowdfunding platforms with little to differentiate them  all based around thesame model, with an industry(standard )% commission. “here is evidence from thecharitable fund(raising sector* that this kind of market dynamic can cause platforms to startcompeting on fees, which inevitably leads to reduced commissions and a race to 0%&.+hether or not this happens in crowdfunding,
hubbub
 has clearly pre(empted it, and side(stepped it.
hubbub
believes that the blend of creativity, pro#ect management and passion reuired torun crowdfunding pro#ects is core to a -
st
 century education sector. /s a result,
hubbub
 ismaking its main platformhubbub.net free to use for students globally, enabling them to bringtheir ideas to life, learn new skills, and build networks of supporters. In the education sector,it is the pro#ect creator’s network and engaged university or school alumni that bring ideas tolife. Instead of focusing on charging the pro#ect creator a fee,
hubbub
‘s business model isbased around providing whitelabel solutions for universities, schools and colleges, helping
For Immediate Release

HEADLINE NEWS

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