Can Crowdfunding Work for Developing World Projects?

As I experiment with crowdfunding for JadedAid, a card game to save humanitarians that I co-launched on Kickstarter, I wonder how entrepreneurs in the developing world could use similar crowdsourcing platforms to fund their ideas. Luckily, infoDev at the World Bank has published “Crowdfunding’s Potential for the Developing World” to explore this very question. In the forward, Steve Case points out why he’s an optimist on crowdfunding: I believe that equity, debt, and rewards-based crowdfunding open new possibilities for funding more entrepreneurs in more places around the world. These changes enable entrepreneurs to utilize social media and the web to offer rewards, ownership of a shared vision, or even equity stakes to potential investors. Crowdfunding websites are creating transparency and more open communication by enabling investors to engage with these companies over time to monitor their progress and continue to support their success as the company grows

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Can Crowdfunding Work for Developing World Projects?