Crowdfunding, also known as crowdsourcing or crowd financing, is a fundraising model that utilizes a combination of group buying and pre-ordering to solicit project funds from internet users. As a novel business model, crowdfunding emerged alongside the rapid advancement of media technology.

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The Impact and Role of Internet Crowdfunding on the Development of China’s Music Industry

  • Yonglin Huang

摘要

Crowdfunding, also known as crowdsourcing or crowd financing, is a fundraising model that utilizes a combination of group buying and pre-ordering to solicit project funds from internet users. As a novel business model, crowdfunding emerged alongside the rapid advancement of media technology.