Crowdfunding is all the rage nowadays, but did you know that there is one hugely famous historical crowdfunding project?
The Statue of Liberty!
In 1885, the publisher of the The New York World, in New York, USA, launched a crowdfunding campaign in his newspaper and raised over USD$100,000 from over 160,000 donors to complete the Statue of Liberty.
The “Statue of Liberty” campaign is likely the first successful crowdfunding project in history….
Check out the BBC story here