In today’s episode, you will learn a series of vocabulary words that are connected to a specific topic. This lesson will help you improve your ability to speak English fluently about a specific topic. It will also help you feel more confident in your English abilities.
5 Vocabulary Words
- Campaign (Noun): A coordinated series of activities and efforts to raise money or support for a project or cause.
- Example Sentences:
- The startup launched a crowdfunding campaign to fund the development of their new app.
- The campaign was promoted through social media to reach a wider audience.
- Successful campaigns often have a clear message and engage with potential backers effectively.
- Example Sentences:
- Backer (Noun): An individual who supports a crowdfunding project by contributing money or resources.
- Example Sentences:
- The project exceeded its funding goal thanks to the generosity of numerous backers.
- Backers are often offered rewards or incentives in exchange for their support.
- Keeping backers informed about the progress of the project is crucial for maintaining their trust.
- Example Sentences:
- Pledge (Noun / Verb): A commitment to donate a specific amount of money to a crowdfunding campaign.
- Example Sentences:
- She made a pledge to contribute $100 to the crowdfunding campaign for the new gadget.
- The campaign saw a surge in pledges after a high-profile endorsement.
- Campaign organizers track pledges to gauge how close they are to reaching their funding goal.
- Example Sentences:
- Milestone (Noun): A significant point or stage in the progress of a crowdfunding campaign, often tied to specific funding goals or project achievements.
- Example Sentences:
- Reaching the first milestone of $10,000 was a major achievement for the crowdfunding campaign.
- Milestones are often celebrated and used to update backers on the campaign’s progress.
- The project set several milestones to encourage continued support and investment.
- Example Sentences:
- Reward (Noun): An incentive or benefit offered to backers in exchange for their support of a crowdfunding project.
- Example Sentences:
- Backers who contributed $50 received a special edition of the product as a reward.
- Rewards are often tiered based on the amount of the pledge to attract more supporters.
- The campaign included creative rewards to encourage higher levels of backing.
- Example Sentences:
A Paragraph using the 5 vocabulary words
Crowdfunding is a process of raising funds from a large number of people, typically through the internet. In a typical crowdfunding campaign, a project initiator sets a funding goal and offers rewards to individuals who pledge to contribute money. These rewards can be anything from a simple thank-you message to a physical product or service. As the campaign progresses, it often reaches milestones that can unlock additional rewards or benefits for backers. The success of a crowdfunding campaign depends on the ability to attract a large number of backers who are willing to support the project.
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