Types of Crowdfunding
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Profit sharing crowd funding
businesses share profits or revenues with the crowd in return for immediate funding
pre-order crowdfunding
A business sells the product before it has even been created in order to raise money
Donation Crowdfunding
Individuals donate small amounts to meet the larger funding aim of a specific charitable project while receiving no financial/material return
Equity Crowdfunding
a form of crowdfunding that gives investors the opportunity to become shareholders in a company
rewards-based crowdfunding
allows entrepreneurs to raise money in exchange for some type of amenity or reward