Moving away from the traditional methods, a crowdfunding platform has gathered enough attention and opened up multiple opportunities for people from various streams to use it and achieve their goals. It all started with entrepreneurs who wanted funds for their businesses and ideas and moved on to others like musicians, artists, authors, etc. When it comes to athletes and sports teams, the popular and the high-skilled ones, doesn't face any issues with regard to collecting funds and getting sponsors, but it's not the case with the many second or third tier teams. The extremely adaptable and flexible crowdfunding platform was able to come to the aid of those individuals and helped them realize their dreams. This exclusive niche led to the creation of multiple crowdfunding sites that gathered funds exclusively for sports. Let's talk about few popular and successful ones.
Multiple Athletic organisations such as the US Ski Team, US Cycling and US Bobsled team have made Rally-me as their official crowdfunding base. These and many other organizations create crowdfunding campaigns called Rallies, through which they intend to achieve certain financial goals. In return for the donations, the donor, called as Boosters receive a reward for a full-fledged sponsorship.
This crowdfunding website works with potentially successful athletes and athletic organizations and develop customized fundraising plans for them. Dream Fuel rely on the existing fan base of a particular athlete or sports team and use their enthusiastic support to help achieve the funding goals. The site has a vast pool of high-performance track and field athletes, who have raised money through various crowdfunding campaigns.
Founded by a former Olympic Kayaker, Julia rivard and former gymnast, Leah Skerry, Pursuit is a non-profit crowdfunding website run by volunteers. Their focus is mainly on numerous amateur athletes. Around 8 athletes from a variety of different sports were sent through Pursuit to the 2014 Sochi Olympics.
A sports crowdfunding site that is headquartered in Canada, MakeaChamp was started by two athletes who required financial assistance. The main USP of MakeaChamp is the strong social media and messaging components that enables athletes to directly communicate with their supporters throughout the duration of their campaign.
Athlete.com has a unique business model, which allows athlete to raise money based on their training. The pledges are per-mile basis, so the harder the athletes train, the higher they collect in funds. Athletes track and publish their training routes and the backers can pledge on the date received.
From the web admin's point-of-view, the sport funding niche of the online crowdfunding forum has created multiple opportunities for a constant revenue generation process. Multiple developers have created diverse donation software that matches the features of many established websites, that can help the entrepreneurs to create their own sport funding website and mirror the success of all its predecessors. By benefiting all parties involved, It's safe to conclude that the sport funding is indeed a true winner.