CROWDFUNDING SYSTEMS: evaluation and government regulation in the conditions of reengineering
Fig 3.1. Crowdfunding project model (Note: developed by the authors) Development of the concept of crowdfunding project (CP); selection of the crowdfunding platform and registration of the project; selection of the monetary goal, duration of the campaign, remuneration, preparation of the necessary information tools (video, content, etc) Registering on the crowdfunding platform Verification of information about authors of the CP; assessment of CP, recommendations for improving the CP, admission or refusal to place a CP on the crowdfunding platform Promotion in media and social networks; communication with existing and potential contributors of the CP (blog, FAQ, emailing, etc.); updating information and reporting Consulting of project authors; online information support regarding opportunities to improve the campaign's crowdfunding Generating ideas and suggestions for improving the CP; financial support; information support of the CP No No 6. Modifying an existing CP Yes Yes 5. Has the CP reached its financial goal? 5.2. Implementation of the CP 5.1. Closing of CP on the CP platform 4. Launching a CP campaign 2. Placement of CP on the crowdfunding platform 1. Preparatory stage 3. Has crowdfunding platform accepted the CP? Central authorities Local authorities The authors Crowdfunding platform ɋ ontributors of the CP Nonprofit organizations Receiving of funds for implementation of the CP; implementation of CP (creation of goods, services, events, etc.); informing contributors about the results of the CP; remuneration of contributors Payment of commission to the payment system getting a commission for the services of the crowdfunding platform recalculation of the remaining accumulated financial resources to the authors of the CP informing about the CP and maintaining statistics Receiving remuneration; monitoring of the CP 103
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