Blog

March 21, 2013

The year 2012 has been an amazing year for crowdfunding due to the passing of the Jumpstart Our Business Startups (JOBS) Act and a global explosion of crowdfunding sites. Two major trends currently dominate the industry: platform consolidation and niche platform development. One of the earlier examples of consolidation occurred during the summer of 2012, when EarlyShares bought HelpersUnite. More recently, two UK reward-based platforms, Crowdfunder and Peoplefund.it, merged to defend their turf against KickStarter. An explosion of niche platforms for a specific region, category, or demographic was fueled by white label solutions such as Launcht, invested.in, the open source…