crowdfunding
Sign in to saveCrowdfunding is the practice of funding a project or venture by raising money from a large number of people, typically via the internet. Crowdfunding is a form of crowdsourcing and alternative finance, to fund projects "without standard financial intermediaries". In 2015, over was raised worldwide by crowdfunding.
AI overview
Crowdfunding is a way to fund projects or businesses by collecting small amounts of money from many people online, rather than going through traditional banks or investors. It matters because it allows creators and entrepreneurs to get financial support directly from the public, bypassing conventional financial institutions.
AI-generated from the Wikipedia summary — may contain errors.
Article
36 sectionsContents
- History
- Types
- Reward-based
- Equity
- Digital security
- Debt-based
- Litigation
- Donation-based
- Role
- Platforms
- Significant campaigns
- Crowdfunding for Statue of Liberty
- Crowdfunding for Cairo University
- Early campaigns
- Highest-grossing campaigns
- Kickstarter campaigns
- Third parties
- Applications
- Philanthropy and civic projects
- Real estate
- Intellectual property exposure
- Science
- Journalism
- International development
- Legal developments
- Iran
- Benefits and risks
- Benefits for the creator
- Risks and barriers for the creator
- Benefits for the investor
- Risks for the investor
- Issues in medical crowdfunding
- See also
- References
- Further reading
- External links
Crowdfunding is the practice of funding a project or venture by raising money from a large number of people, typically via the internet. Crowdfunding is a form of crowdsourcing and alternative finance, to fund projects "without standard financial intermediaries". In 2015, over was raised worldwide by crowdfunding.
Although similar concepts can also be executed through mail-order subscriptions, benefit events, and other methods, the term crowdfunding refers to internet-mediated registries. This modern crowdfunding model is generally based on three types of actors – the project initiator who proposes the idea or project to be funded, individuals or groups who support the idea, and a moderating organization (the "platform") that brings the parties together to launch the idea.