Crowdfunding Quiz

What is a key feature of donation-based crowdfunding?

• Backers are required to donate a fixed amount.

• Backers become shareholders in the company.

• Backers may receive rewards based on their donation amount.

• Backers receive interest on their contributions.

Which platform is an example of donation-based crowdfunding?

• Kickstarter

• Indiegogo

• GoFundMe

• Kiva

What is another term for loan-based crowdfunding?

• Equity crowdfunding

• Peer-to-peer lending

• Venture capital

• Donation-based funding

How can crowdfunding benefit entrepreneurs?

• It guarantees funding for all projects.

• It provides a platform for free advertising.

• It eliminates the need for a business plan.

• It ensures no competition in the market.

What is a potential risk of crowdfunding?

• No need for marketing

• Possibility of idea theft

• Immediate access to funds

• Guaranteed success of the project