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[mass noun] The practice of funding a project or venture by raising money from a large number of people who each contribute a relatively small amount, typically via the Internet:‘musicians, filmmakers, and artists have successfully raised funds and fostered awareness through crowdfunding’
- ‘He is painting a mural in Pike Place Public Market and is using crowdfunding to obtain the funds to complete this colorful project.’
- ‘They've probably done more to get crowdfunding into the mainstream than anyone.’
- ‘Crowdsourcing and crowdfunding could, in theory, occur without the internet, but "it certainly helps to accelerate the process".’
- ‘The arrangement came via an online record label that uses Web-based, social-network-style "crowdfunding" to finance its acts.’
- ‘It hopes crowdfunding will circumvent these obstacles and create new opportunities.’
- ‘Crowdfunding is not for everyone.’
- ‘He is optimistic crowdfunding will provide a successful venture capital model for established businesses.’
- ‘He says crowdfunding relies on "networking, good contacts and a good product".’
- ‘As crowdfunding has matured from a series of one-off efforts into something reproducible, the money has followed.’
- ‘He has observed a pattern in crowdfunding.’
- ‘Microfinance, crowdfunding, and incubators are worth pursuing, say business owners.’
- ‘From the looks of your latest post, you are now dabbling in crowdsourcing as well crowdfunding.’
- ‘The system I am proposing dispenses with the middlemen and replaces them with crowdfunding from consumers who have very different incentives.’
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