Crowdfunding Day

Crowdfunding Day is an annual American holiday dedicated to crowdfunding. This practice has existed since the Middle Ages. The holiday is observed on March 14 and encourages people to learn more about crowdfunding and raise awareness of its importance.

History

Crowdfunding involves collecting money as a group. Participants create a shared financial pool that supports personal goals or charitable causes. Funds may be raised to help earthquake victims, support medical research on rare diseases, develop new medications, and more.

The origins of Crowdfunding Day are unknown, though it was most likely established by people involved in crowdfunding. The practice dates back to the 1400s, when collective fundraising supported high-risk business ventures. One well-known example came in 1715, when Alexander Pope used crowdfunding to complete and publish his translation of the Iliad.

Another major historical example is the Statue of Liberty. In 1885, the state budget could not cover construction costs, so a public fundraising campaign was launched. The initiative was created by Joseph Pulitzer, a newspaper owner and editor. There are many such examples throughout history.

Interesting Facts

• The first crowdfunding platform for music is considered to be ArtistShare, launched in 2000. Many other platforms followed.
• Today, more than 700 crowdfunding platforms operate worldwide.
• Annual crowdfunding turnover in the United States exceeds 17 billion dollars.

How to Take Part

Join a crowdfunding platform on this day by donating to a project that interests you. Support aspiring musicians, contribute to the development of a video game, or help people or animals in need by fundraising for medical treatment or supporting environmental organizations.

Share information about Crowdfunding Day on social media. Ask others whether they have used crowdfunding platforms and whether they have participated as donors.

When is Crowdfunding Day in 2026?

Crowdfunding Day is observed on March 14 each year.

Observations