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Crowd Funding is a financing form independent of the existing financial base. The funds can be used to utilize a service or to buy something valuable regardless of geographic limitation between the campaign and contributor’s location. Crowd funding takes several forms: Equity-based, Lending-based Crowd Funding or Reward/Donation-based.
According to recent studies and statistics, the worldwide funding volumes are estimated at $34B USD. Transaction value amounts are predicted to be $20B USD in 2018. For example, the funding for SMB projects during last year was approximately $10B USD, invested through crowd funding projects. The experts forecast a 30% annual growth to $25B USD in 2022. Currently, the biggest participant is China followed by USA.