As the rules govern the trade of securities to fund an online crowdfunded
venture, the SEC rules define a 'Crowdfunding intermediary,' as a registered broker, investment house, or funding portal that mediates offer and sale of crowdfunding securities through the online electronic platform.
Crowditz was co-founded in 2017 by Boston-based serial entrepreneurs Alan Phillips, Jon Finegold and Howard Schneider with a mission to help connect everyday investors with deals of interest and use data to help understand crowdfunding trends and ultimately help predict outcomes for crowdfunded
A large amount of money has been crowdfunded
for controversial treatments at controversial clinics.
Questions regarding the nonfinancial benefits of crowdfunding are especially important for research on civic crowdfunding, in which the crowdfunded
product is a community or public good (Davies, 2014).
"There are possible social enterprise benefits too, as some crowdfunded
companies look to boost the local community or charitable causes," Moore adds.
(83) Unfortunately for ElevationLab and its investors, Apple redesigned the iPhone shortly after the fundraising campaign, rendering the crowdfunded
device incompatible with its charging dock and sending ElevationLab designers scrambling to update the product.
Approximately a year and a half ago, final crowdfunding regulations went into effect and since then, the number of companies raising capital by crowdfunded
offerings has been on the rise.
While some backers may not have been pleased that the project they'd brought to life was now a part of Mark Zuckerberg's empire, Lonergan suggests this crowdfunded
project helped spawn a new market.
Even in technology, 13 percent of women and ten percent of men crowdfunded
Funding portals "facilitate the sale of crowdfunded
securities, provide investors with information and communications channels, and take measures to reduce fraud," he said.
Otherwise, administrators may need to turn down a crowdfunded
kiln because the school doesn't have an appropriate ventilation system--or send back computers that aren't compatible with the district's equipment.
"There have been other much talked about crowdfunding platforms devoted to journalism over the years, but most came and went (Emphas.is, Vourno, Indie Voices, etc.) None lasted as long, were as widespread, and received as much praise as Spot.Us," notes a 2015 MediaShift analysis ("Why Crowdfunded
Journalism Pioneer Spot.Us Died," Khair Johnson, March 19, 2015; mediashift.org/2015/03/why-crowd funded-journalism-pioneer-spot-us-died).
Other than the aggregation process, crowdfunded
debt is pretty similar to a bank loan.