CROWDFUNDING IN TURKISH AND EUROPEAN UNION LAW


Pasli A., Sonmez N. S.

EU Financial Regulation And Markets (EUFRM) Conference, ELECTR NETWORK, 26 - 27 November 2020, pp.178-191 identifier

  • Publication Type: Conference Paper / Full Text
  • Volume:
  • Country: ELECTR NETWORK
  • Page Numbers: pp.178-191
  • Istanbul University Affiliated: Yes

Abstract

Crowdfunding is a tool that "connects those who can give, lend or invest money directly with those who need financing for a specific project". By crowdfunding, an entrepreneur would raise small amounts of money from thousands of investors for development of his enterprise without carrying any extra cost. Thereby, crowdfunding provides an opportunity for ordinary people to gather around new investments and for entrepreneurs to adapt, develop and succeed in new businesses models.