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GoFundMe Application
Samuel Burris
CIS/207
Frank Skowron
6/15/2015

GoFundMe began as a web-based application that allowed users to obtain money for nearly any imaginable reason through the use of crowdfunding (random individuals donating money to help the cause). This was achieved by allowing users to create, maintain, and monitor a website dedicated to their cause, as well as to link it with social media and email (GoFundMe, 2010).
This application offers a broad array of uses, from gathering donations for a sick family member to getting help paying for college tuition. While anyone can start a collection for something as selfish as buying a new sports car, it is primarily used for charitable causes and upstart businesses. This application is also unique in that if a monetary goal amount is not achieved for the stated cause, all monies are returned to those who donated using the all-or-nothing rule (GoFundMe, 2010).
The most significant changes this brought about for users is allowing people to obtain funding outside of traditional means. In today's economy and bank market, it is next to impossible to be granted a business loan without the backing of other substantial investors. GoFundMe helps to level the playing field for upstart small businesses to at least give them a chance of competing with larger firms and corporations. It also greatly assists those who cannot afford to pay medical bills due to lack of insurance or just not enough coverage, and it does so without families having to go through extensive applications for charity foundations.
GoFundMe has had such success that they have expanded to include mobile support as well as web-based. While many precautions are put in place to ensure this system is not abused, such as requiring a detailed account of a cause including photos and/or videos, there is not yet a way of guaranteeing the people represent a worthy cause (GoFundMe, 2010). Hopefully in the future there will be implements in place to help maintain integrity within personal campaigns, but for now one must use their better judgement or only donate to people they know and trust. Another enhancement GoFundMe may consider is offering a more substantial reward system for people that donate to certain causes. Even with the few bugs and kinks still remaining in the application, it is by far one of the most impacting and substantial concepts created within the last five years.

References
GoFundMe. (2010). How It Works. Retrieved from http://www.gofundme.com/tour/

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