As was previously mentioned, there are 4 main types of crowdfunding: rewardreward-based crowdfundingcrowdfundingreward-based crowdfunding, equity-based crowdfundingcrowdfundingequity-based crowdfunding, debt-based crowdfundingcrowdfundingdebt-based crowdfunding and donation-based crowdfunding. In the case of reward-based crowdfundingcrowdfundingreward-based crowdfunding, a non-financial reward is expected by the backersbackers in return for their contributions. Rewards can vary from something simple such as a T-shirt with a firm name or logo to a firm’s product. Usually a set of pairings (contribution; reward) is associated with a crowdfunding campaign where a higher contribution means a better reward.