Indies could soon see more crowdfunding

Crowdfunders may finally reap fiscal rewards from a movie they help finance as equity versions of sites such as Kickstarter gear up to launch next year. But one hurdle remains: The process isn’t quite legal yet.

Made popular by platforms including Kickstarter and Indiegogo, crowdfunding has until now operated though a rewards-based system: People donate to film projects in exchange for onscreen credits or other non-equity incentives. But equity crowdfunding would allow investors to see a return on their money, opening the door for financiers to contribute from $100 up to $100,000 each toward the next breakout hit.

Read More at Variety

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