Cox Business News
Crowdfunding" refers to registries that are run through the internet, but similar ideas can also be used through mail-order subscriptions, benefit events, and other means.
The modern model of crowdfunding is generally based on three different types of actors, including the project initiator, who proposes the idea or project to be funded; individuals or groups who support the idea; and a moderating organization (the "platform") that brings the parties together to launch the idea.
