Following this typology, there are a total of 5 different crowdfunding models: Donation crowdfunding: those projects where patrons make contributions without expecting to receive any reward or benefit in return. They participate only for the satisfaction of helping the project.  Reward crowdfunding: patrons make contributions in exchange for a reward, product or experience for their contribution. Investment crowdfunding: patrons make a contribution to shares in the company.  loan crowdfunding: when patrons invest in a certain project, hoping to obtain benefits, even if it is in a symbolic way.

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Donation crowdfunding through a reward crowdfunding terminology here i list some of the terms most us in the campaigns, so that you can understand them the first time. Patron: a patron is a sponsor of your campaign. A person who contributes Armenia Mobile Database through a financial donation to help your project reach its target funding. Early bird: a patron ahead of all the others. Early bird is the name given to the first patrons who participate in the financing of a campaign. Fff’s (fools, friends and family): a fun way of naming the 3 types of people who are most likely to become patrons of your crowdfunding project. Family, friends and some clueless (such as former boss, schoolmates, etc.

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