Crowdfunding: Online Charity or a Modern Tool for Innovative Projects Implementation?
- Denis A. Profatilov
- Olga N. Bykova
- Maria O. Olkhovskaya
Abstract
Crowdfunding is a promising field of financing high-risk innovative projects. The start-up developers raisemoney needed for their start-up implementation on a crowdfunding-platform by means of the Internet. Theinvestors may also include ordinary citizens who wish to support this or that original idea and contribute to itsimplementation. The possibility of access to a completely new product (and before the official sales) is the mainmotive for financing projects.