Germany’s largest sports crowdfunding platform, fairplaid.org, has reached a record, with a total of €10 million distributed to athletes, sports clubs and regional projects throughout the country. The sum was achieved with more than 1,700 fairplaid projects and more than 125,000 supporters. According to a spokesperson for the platform, fairplaid’s unique project coaching is one of the main reasons for the above-average success rate of 90 percent. Especially during the Corona pandemic, more and more sports clubs are looking for financing models with minimal bureaucracy. Instead of extremely costly proposals, lengthy applications or demotivating rejections, a fairplaid campaign offers short-term implementation of funding.
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