Crowdfunding is a form of financing used to implement business ideas, products or projects.
This call for financial participation usually takes place via the Internet. Supporters receive a non-financial trade-off, such as a copy of the project's results. This is different from so-called "crowdinvesting," where the sponsors benefit financially if the project is a success.
Strapped for cash, Greece's is turning to taxpayers for donations. Greece wants to bolster its ailing naval defenses against Turkey, and buy new, state-of-the-art frigates. The scheme is unprecedented and it has given rise to great debate. As Anthee Carassava reports, many Greeks are refusing to pitch in, saying any donation would be a waste of money for a country in dire financial straits.
Pakistan's new government, headed by PM Imran Khan, is urging the expat community to donate generously to a dam fund. But the crowdfunding drive has so far attracted more criticism than donations. Haroon Janjua reports.
Hundreds of thousands of protesters have hit the streets in Venezuela over the last few months. They're demanding elections to oust socialist President Nicolas Maduro and hope to improve a growing humanitarian crisis. Now, some are even crowdfunding their escape.