Crowdfunding involves a combination of microfinance and crowdsourcing

Crowdfunding Outline

Intro- Many people are not familiar with crowdfunding, such that they need education about it.

A. Crowdfunding involves a combination of microfinance and crowdsourcing.

B. Individuals who offer their money to development projects and in support of companies are brought together by crowdfunding.

C. Crowdfunding is growing at a very fast rate, but global financial analysists still consider it to be in its early stages of development.

Renewable-based is one of the primary categories of crowdfunding.

A. This category works just like reward-based sites such as Kickstarter and Indiegogo.

B. In fact, both Indiegogo and Kickstarter are the top players of reward-based crowdfunding.

Peer-to-peer lending is another primary category of crowdfunding.

A. Here, three parties are involved; the crowdfunding system, the lender, and the investor.

B. The lenders fear losing it all and pass the funds to the risk-taking investors to make a profit for themselves and the lender.

C. Prosper and LendingClub are the renown top players in this category.

Another type is the donation-based crowdfunding.

A. Here, individuals are picked and given prizes. Issuing of Nobel Prizes give an illustration of how crowdfunding in this category works.

B. Microfinance organizations are the major players here, and companies such as GoFundMe and Kiva.org.

Equity crowdfunding is more popular.

A. The main importance of the equity category its capability of managing funds irrespective of how small they are.

B. Major team players include companies such as OurCrowd, FundersClub, CircleUp, and AngelList.

Conclusion is summarizing the findings.

Reference:

Example of Topic Outline. (n.d.). Retrieved from https://www.oakton.edu/studentservices/learning_center/tutoring/research_paper_tips/topic_outline.php

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