What Are the Challenges of Crowdfunding for Catalysis Research?
Despite its advantages, crowdfunding also presents several challenges:
Marketing and Outreach: Effective communication and marketing strategies are essential to attract potential backers. Competition: There are numerous projects vying for attention and funds on crowdfunding platforms. Uncertainty of Funding: Unlike traditional grants, there is no guarantee that a crowdfunding campaign will reach its funding goal. Time-Consuming: Running a successful campaign requires significant time and effort, which can detract from the research itself.
