- Crowd Funding -
Overview
In conclusion, crowd-funding is a recent phenomenon. In any case, any participator will have their personal opinions about pros and cons of different alternatives. In fact, it brings lot of advantages for promoters. Firstly, crowd-funding platforms get less from the promoter. Secondly, they can help promoters to public projects. Thirdly, each platform has their own character which can be suitable for different kinds of projects. Although crowd-funding is a new area, since crowd-funding will unlikely be the least costly source of financing for most projects, it is still at the underway stage with a lot of challenges, but it is easy to see it has its potential to have bright future. Whatever crowd funding may be viewed as a broader concept that purely raising funds: it is a way to develop corporate activities through the process of fundraising.