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2013 World Bank Report on Crowdfunding Released

posted Jun 7, 2014, 1:28 AM by Siamak Ebarhimi
Guys, the 2013 report by the World Bank on Crowdfunding was just released, and it is quite an eye opener.

It's very long, and make an awesome read, however I will give some of the stats and details below that really stood out to me:

Key Points of World Bank Crowdfunding Report:
- The developing world has the potential to leapfrog developed countries.
- Crowdfunding has emerged as a multibillion-dollar global industry.
- By leveraging technology, crowdfunding can serve as an enabling mechanism for new venture formation, job creation and inclusive economic growth .crowdfunding marketing
- The single most predictive factor for the rate of Crowdfund emergence is social media penetration.
- After 7 years of Equity Crowdfunding in Australia, there has been very very little fraud reported.
https://sites.google.com/site/crowdfundingsmadeeasy/about-us
- High net worth does not always equate to high financial IQ.crowdfunding advertising

Interesting Stats and Predictions:
- In the Developing World alone, by 2025 there could be up to $93 billion in funds available annually for crowdfunding investments. $50 billion alone in China. This equates to 180% of Global Venture Capital Investments currently!
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From an income perspective, 240-344 million developing country households could participate in crowdfunding.indiegogo marketing
- Crowdfunding has expanded at a 63% annual compounded rate from 2009-2012, and shows no signs of slowing up it's pace.
- 91% Increase in equity based crowdfunding platforms in North America in 2012
- Out of 43,193 different projects funded on Kickstarter, there has only been 4 reported cases of possible fraud. This represents a 0.01% fraud rate.kickstarter marketing

- Total Crowdfund Investing Platforms Per CountryUS - 344
UK - 87
France - 53
Netherlands - 34
Germany - 26
Canada - 34
Australia - 12
India - 10kickstarter project

Posted from:http://crowdfundingforum.com/showthread.php/8312-2013-World-Bank-Report-on-Crowdfunding-Released