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What is Understanding Crowdfunding Models and Trends about?

Crowdfunding is a process of soliciting money from the general public to support ideas, projects or businesses. There are different models including donation, reward, lending and equity-based. Globally, crowdfunding is projected to reach $940.9 million in 2020 with the US being the largest market. In India, crowdfunding is a newer concept projected to reach $9.1 million in 2020, with some successful campaigns including a political board game and comics anthology.

Author

Vish Solanki

Language

EN