Crowdfunding is about raising funds from the crowd. Although many people think that the prototype of crowdfunding can be traced back to fundraising for building the Statue of Liberty in the 19th century, or fundraising for the publication of books in the 18th century, the start of crowdfunding in the modern sense is generally considered to be the launch of ArtistShare in 2001. This fan-based financing platform really achieved what we call crowdfunding for the first time through the internet: large-scale, small-amount, convenient and fast.
