Is Crowdfunding for You? (Infographic) Before getting involved in crowdfunding, gather inspiration from big successes and learn from major scams.

By Kate Taylor

Opinions expressed by Entrepreneur contributors are their own.

Crowdfunding has been used to raise money for everything from providing disaster relief to funding a startup. However, not every crowdfunding project is a success. Along with genius ideas, you're sure to come across at least a few scams on websites like Indiegogo and Kickstarter.

Check out three of the most funded crowdfunding projects and three huge failures, as collected by Top-business-degrees.net. Following the example of success stories like Pebble, Ouya and Veronica Mars, you can collect tips from projects that raised millions of dollars.

Related: Your Top 5 Crowdfunding Questions Answered

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Is Crowdfunding for You? (Infographic)

Kate Taylor

Reporter

Kate Taylor is a reporter at Business Insider. She was previously a reporter at Entrepreneur. Get in touch with tips and feedback on Twitter at @Kate_H_Taylor. 

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