ELI5: Explain Like I'm 5

Moneybomb

Okay, so imagine you have a piggy bank where you save up all your coins and dollars. You can only put a little bit in there every day, right? But what if you had a lot of friends who wanted to help you save up money too?

That’s what a moneybomb is! Lots of people decide to give money to a person or a campaign all at once, instead of just a little bit at a time. It’s like a huge piggy bank where everyone puts their money together to make a big pile of money!

Usually, people do a moneybomb to help someone they like, like a politician running for office or a charity that helps people. When everyone gives money all at once, it can really help that person or group do things they couldn’t do before!

So, a moneybomb is just a way for lots of people to give a lot of money together all at once to help someone they like.