Bottle Breacher was a successful company that began with crowdfunding through the television show Shark Tank. This is an example

Question

3 years ago

13

of the ______ model of crowdfunding, where an entrepreneur offers a stake in the company in exchange for backing.

1 answer:

Natalija [7] · Answer 1 · 2022-08-31T20:34:55+03:00

Considering the situation described above, this is an example of the "Reward-based" model of crowdfunding.

This is because a reward-based crowdfunding model is a type of crowdfunding that gives the donor something of value in return.

These rewards may be in the form of commodities, services, discounts, or adverts, etc.

There are various types of crowdfunding models. The most common types are the following:

Hence, in this case, it is concluded that the correct answer is the "Reward-based model" of crowdfunding.