“Crowdfunding refers to the process of acquiring capital for a project by collecting a relatively small amount from many

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“Crowdfunding refers to the process of acquiring capital for aproject by collecting a relatively small amount from many investorsor “backers”. It represents a specific form of the more generalterm “crowdsourcing”, which in the acquisition of any resource(services, creative content, funds, etc.) from a large group thatis typically performed online.” Everett (2019). Name the 4 (FOUR)principles of crowdfunding and explain how are these different fromone another. Provide example.