Welcome to the 1520 Perfect Dictionary

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Crowdfunding
CROWDFUNDING

Definitions:

i. The practice of funding a project or venture by raising small amounts of money from a large number of people, typically via the Internet.

ii. The process of raising funding online.

iii. The use of small amounts of capital from a large number of individuals to finance a new business venture.
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* All twelve elements should be in.


1. Purposeful and necessary for sponsors.

2. Legally allowed and/or publicly approved.

3. Rules made known from beginning of campaign.

4. Plans have been finalised, ready for execution.

5. Fund management can be guaranteed excellent.

6. Collected funds' safekeeping is assured.

7. Corporate responsibilities are being fulfilled.

8. Administration will be considered as cost-effective.

9. Project must eventually be started & completed.

10. Balance at end of process, if any, will be accounted for.

11. Ownership, afterwards, cannot bring about some unplanned loss.

12. End result of funding, i.e. product or outcome benefits the world.
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See perfect DREAM MONEY.

See perfect COLLECTIVENESS.

See perfect MILLIONAIRE MINDSET.

* LINKING ENTREPRENEURS WITH INVESTORS.

See perfect SENSE OF BUSINESS.

See perfect APPORTIONMENT.

See perfect ARLES-PENNY.

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