Crowd Funding

Question 1

What is the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet.

Answer 1

Crowd Funding

Question 2

What are the 4 types of Crowd Funding ?

Answer 2

Donation Method
Pre-Order Method
Reward Based
Investment (Equity) Method

Question 3

People can donate to a project which they believe has value and that may be good for the community

Answer 3

Donation Method

Question 4

Make online pledges during a campaign or pre-buy the product (service) for a later delivery

Answer 4

Pre-Order Method

Question 5

Investors get satisfaction of helping and immediately receive a pre-determined reward or item of value, no equity or form of ownership?

Answer 5

Reward Method

Question 6

Large numbers of “Regular” people to invest small amounts to fund early start ups, with the expectation to receive investment appreciation or dividends

Answer 6

Equity Method