What is crowdfunding.  Whar are some major advantages and disadvantage of crowdfunding?

Crowdfunding is when businesses, organizations, or individuals fund a project or venture with small donatons by many people. The process of trying to allocate enough capital to invest towards a business or a proposition for a project.

• Some advantages of crowdfunding are
  • Fast way to raise capital
  • Media attention and marketing opportunity to spread through an online platform
    • with media attention, comes with feedback and expert guidance towards the goal.
  • it is an alternative finance option if there are issues aquiring bank loans or tradtional funding.
  • investors can be your most loyal customers through fniancing process
• Some disadvantages of crowdfunding are
  • Not the easier method of funding compared to traditional methods
    • may take time
  • alot of resources needed in order to market your project
  • If the funding target is not met, all investors recieve a refund and you recieve nothing
  • Failed projects will damage the reputation of the business
  • Requires patents or copyright towards the project
    • in the case that someone steals the idea

What is equity crowdfudning, what is real estate crowd funding, peer to peer lending, Donation based lending.

What are their similarities and differences?

Provide some examples of successful crowdfuncing and some less so.

Provide an outline of a crowdfunding proposal.