Crowdsourcing – An Overview

  1. is a specific sourcing model in which individuals or organizations use contributions from Internet users to obtain needed services or ideas. Crowdsourcing was coined in 2005 as a portmanteau of crowd and outsourcing.


Different Types of Crowdsourcing:

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An article based on a presentation:
From Collaboration to Crowdsourcing

Crowdfunding is the practice of funding a project or venture by raising monetary contributions from a large number of people. Crowdfunding is a form of crowdsourcing and of alternative finance. In 2015, it was estimated that worldwide over US$34 billion was raised this way.

Crowdfunding – Wikipedia