WHAT IS CROWDFUNDING?
The practice of funding a project or venture by raising money from a large number of people(family and friends) who each contribute a relatively small amount, and often there is a Potential reward.
WHAT ARE THE DIFFERENT TYPES OF CROWDFUNDING?
REWARD BASED CROWDFUNDING - Backers give a small amount of money in exchange for a reward.
DONATION BASED CROWDFUNDING - Donors donate a small amount of money in exchange for gratitude and the feeling of supporting a cause they believe in.
EQUITY BASED CROWDFUNDING - Investors invest from small to large amounts of money (not more than $2000) in a company in exchange for a small piece of equity in the company.
DEBT CROWDFUNDING - Lenders take a loan with the expectation to make back their principal plus interest.
WHAT TYPE OF CROWDFUNDING ARE WE?
Legacy Global is base on
1) Rewards-based crowdfunding, backers give a small amount of money in exchange for a reward.
2) Equity crowdfunding, investors invest from small to large
amounts of money in a company in exchange for a small piece of equity in the company.