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Posts Tagged with: crowd financing

What is Crowdfunding?

Crowdfunding, which is also known as crowd financing or crowdsourcing, is a new finance-sourcing mechanism in which members of a network (usually an Internet network) pool their money to finance social or commercial ventures initiated by other people or companies. These ventures can be anything from making a movie to helping disaster victims to creating open source software to online journalism to start-up funding to making music.

Crowdsourcing finance has been made possible because of the social structure of the …

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