Financial Contributions from online investors, sponsors, or donors to fund for profit or onon-profit iniatives or entreprises. Crowdfunding is an approach to raising capital for new projects and businesses by soliciting contributions from a large number of stakeholders following 3 types of crowdfunding models 1) Doantions, philanthropy and sponsorship where there is no expected finacial return 2) lending 3) Investment in exchange for equity, profit, or revenue sharing. http://wwww.crowdsourcing.org/
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