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Vertical and Community-Based Crowdfunding Platforms
Abstract
If the inherent nature of the horizontal crowdfunding platforms makes the relationship between campaign creator and backers basically without intermediation of the platform, in the case of vertical platforms there are different and sometimes complex levels of intermediation. The vertical crowdfunding platforms can be considered more than a subset of the horizontal crowdfunding, as an independent system of relationships and rules which has in common with the horizontal crowdfunding a large part of the fundraising methods, but that is also profoundly different with respect to the aggregative procedures and the system of rules.
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