Crowdfunding describes the collective cooperation, attention and trust by individuals who network and pool their money via a preferred Internet platform to support efforts initiated by other people or organizations. The “crowd” in crowdfunding is comprised of online donors from a web platform. Though crowdfunding crosses the lines of commercial, political and non-profit campaigns, it’s been most notable as a haven for philanthropic opportunity, namely the broad area we call “the arts.”
This post was originally published on the Cardozo Arts & Entertainment Law Journal website on January 14, 2015. The original post can be accessed via the Archived Link button above.
Strong, Matthew, "Crowdfunding an Independent Film Project" (2015). AELJ Blog. 55.