See also: Crowd Financing, Equity Crowd funding, Hyper Funding
CIMM DEFINITION: Another term for crowd financing, it is the collective effort of many small contributors or investors who send in money for a particular project, business, campaign, effort or idea, for example, usually via the internet that help the requesting group meet their monetary goal.
NOTE – The general intent of contributing via crowd funding is a as donation rather than as receiving an equity stake.
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