crowdfunding system

KEY ELEMENTS OF CROWD FUNDING SYSTEM

In current article, author reveals the concept of the crowdfunding system and its role in
the implementation and development of crowdfunding. The challenge lies in the definition of
«crowdfunding system» and its elements and analysis a difference between of crowdfunding
system for national economy and for a separate crowdfunding project.
The author made an analysis of existing definitions of crowdfunding system and its key
characteristics. The foreign practitioners and scientists sometimes use the term "5P" of