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Crowdfunding refers to the process of acquiring capital for a project by collecting a relatively small amount from many investors or backers. It represents a

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"Crowdfunding refers to the process of acquiring capital for a project by collecting a relatively small amount from many investors or "backers". It represents a specific form of the more general term "crowdsourcing", which in the acquisition of any resource (services, creative content, funds, etc.) from a large group that is typically performed online." Everett (2019). Name the 4 (FOUR) principles of crowdfunding and explain how are these different from one another. Provide example. (10 Marks)

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