Crowdfunding is rearranging the way that entrepreneurs finance their creative endeavors, whether they’re artists or engineers. From bringing startups a needed capital boost to getting students money to go to college, crowdfunding seems to be creating opportunity in almost everything, as Entrepreneur reports.
At its current growth rate, the crowdfunding industry is multiplying in size every year. It’s trickling into several types of funding models (donation, equity and lending) and an array of industries (education, medical care and corporate finance). Whether willing or not, the majority of industry markets will be facing a major disruption in how capital is moved throughout the economy.
Here are the top three industries the crowdfunding sphere is set to disrupt and why:
1. Corporate finance: From software to farm equipment
2. Real estate: From housing to business establishments
3. Consumer lending: Cars and home appliances
3 Industries Being Disrupted by Crowdfunding
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