Crowdfunding is an emerging source of finance involving open calls to the public or ‘crowd’ generally issued via the internet. Projects are financed through donations, monetary contributions in exchange for a reward, product pre-ordering, lending, or investment. Fundraisers are usually charged a fee by crowdfunding platforms if the fundraising campaign has been successful. In return, crowdfunding platforms are expected to provide a secure and easy to use service.
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More information and European Commission practical guideRelated Documents:
Crowdfunding Explained to small and medium sized enterprises