Crowdfunding has become a decent line of revenue for fact-checking websites.
The new Brazilian fact-checking site Aos Fatos (To the Facts) recently launched a crowdfunding campaign. It aims to raise R$ 30,000 ($ 7,700), to upgrade the project from its current pilot phase.
Aos Fatos joins a growing group of fact-checking operations worldwide that have used crowdfunding to finance part of their work. This year alone has seen successful campaigns conducted by Full Fact, PolitiFact, Pagella Politica, Chequeado, and FactsCan.
External fact-checking, like many other journalistic endeavors, is still developing a new business model. Most of the 30 fact-checking organizations interviewed prior to a conference in London said they covered the majority of their costs with support from grant-giving foundations. While the sustainability of such a model varies from one context to the other, institutional donors often expect grantees to diversify their revenue streams. Read more