
In my previous article, we covered some of the mobile app monetization models. In this article, I will talk about crowdfunding and donations to cover all the revenue generation models that I mentioned in the first article related to mobile app monetization.
Crowdfunding
During the early days for your app, while you are lacking finance for development and marketing, you can use one of the many available crowdfunding platforms, such as Indiegogo, Kickstarter, AppsFunder or CrowdFunder.
Many successful apps have been crowdfunded. An example of a recent success story took place in 2019, when language-learning app Fluent Forever raised more than $500,000 on Kickstarter from 4,000 platform users.