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CROWDFUNDING - FINANCING OF THE FUTURE?

CROWDFUNDING - FINANCING OF THE FUTURE?

by Conference EAEP 2022 -
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ABSTRACT

In recent years, crowdfunding has become a mainstream source of funding for early-stage firms. For many entrepreneurs is this phenomenon still new. This article tries to define the basic characteristics of this issue. Using the example of the world's most famous crowdfunding platforms, points out the various possibilities, that this method offers. Crowdfunding is suitable for projects in various fields. Different projects also have a different way of financing. This area is also the content of this article. Finally, the system of financing through various forms of support is further approximated. As this is a relatively new way of financing, not only for public benefit projects but also start-ups, it is good to have an overview of this possibility as well.