"I am attempting to speak honestly and openly to the American people about my relationship with now President Donald Trump, as well as the intimidation and tactics that he, together with his attorney Michael Cohen, have used to silence me", Daniels wrote in her CrowdJustice pitch.
On the site - which was tweeted about by Daniels' lawyer, Michael Avenatti - Daniels said she would use the funds raised to pay for attorneys' fees, out-of-pocket costs associated with the lawsuit, security expenses and damages if she loses her suit.
Daniels' attorney, Michael Avenatti, said his client takes that threat "very seriously".
Remember Stormy Daniels? She's the adult-film actress who allegedly had an affair with Trump years ago, while he was married to Melania.
With a hearing date now set, Trump and Cohen will be forced to recognize the case and deal with Daniels' allegations as the controversy heats up heading into crucial midterm elections in November. But unfortunately, I do not have the vast resources to fight Mr. Trump and Mr. Cohen alone.
During an interview with MSNBC's Nicolle Wallace, Avenatti insisted that people will believe Daniels' story about the alleged affair when they see her tell it on video.
Personal attorney for President Trump, Michael Cohen, addresses the media, September 19, 2017. Avenatti, her attorney, has also made extensive comments in recent days to ABC News and a host of others about the contract and the alleged affair.
"I am more fortunate than many, many people in this country", Daniels wrote.
In her lawsuit, Ms Daniels claims Mr Cohen coerced her into signing a statement saying the affair never happened. Anthony Kotzev, the boyfriend of Stormy's manager, Gina Rodriguez, told the site that he was actually sitting next to Stormy when she physically signed her second statement denying that she was paid any "hush money", and he said the environment was extremely "lighthearted".