The excitement is real in China. In effect, since 2011,
one can observe a powerful dynamic within the Crowdfunding Industry.
For those who are unfamiliar, Crowdfunding refers to the model that project sponsors release their creative
ideas on Internet platforms to raise funds and, in return, give investors
material objects, services or equities. It includes mainly rewards-based
crowdfunding, equity-based crowdfunding, and donation-based crowdfunding.
Research and Markets reveals
that:
The first crowdfunding platform appeared in China in Jul 2011, and after 5 years of rapid development, the number of various crowdfunding platforms in China had totaled 332 by the end of April 2016.
The first crowdfunding platform appeared in China in Jul 2011, and after 5 years of rapid development, the number of various crowdfunding platforms in China had totaled 332 by the end of April 2016.
Among various kinds of crowdfunding, equity-based crowdfunding is favored by capitals.
Finally, one can also observe that, in 2015, private equity financing raised the most funds which amounted to RMB27.119 billion, holding 54.79% of the total expected funds; reward-based crowdfunding accounted for 42.24% with RMB20.904 billion; public crowdfunding only occupied 2.97% with RMB1.469 billion. However, the average completion rate of public crowdfunding projects hit the highest level 42.95%, followed by reward-based crowdfunding projects with 26.80% and private equity financing projects with 19.14%.