Crowdfunding: A Study of Present Creative Trends and Institutional Reaction

Crowdfunding is a global phenomenon that consists of raising collective funding for projects. Since its recent emergence, erowdfunding has rapidly gamed popularity. Although erowdfunding makes it possible to finance a range of projects and companies, many countries have been reluctant to incorporate erowdfunding into their legal systems and have failed to establish specific legislation to encourage its use and thereby stimulate economies in crisis. This article provides an overview of crowdfunding, analyzing its origins, status, and supporting legislation enacted in some countries.