Now here is the 1 percent that you do want to hear about! The world is on the precipice of creating a trillion-dollar crowdfunding market. In Australia, the ASSOB has offered a crowdfunding investment portal since 2005. In the U.K., equity crowdfunding is already in progress, with investment platforms such as Crowdcube and Seedups. And in the Netherlands with Symbid. The crowdfunding components of the American JOBS Act and the Italian Decreto Crescita are now in the process of finalizing the attendant regulation before securities crowdfunding goes live. Industry associations are popping up everywhere, including in Europe, Canada the U.S. (CFIRA, CfPA) and recently a World Crowdfund Federation spanning five continents. And if you want to get an idea where things are headed, look at the travel list of the leading crowdfunding advisory team,Crowfund Capital Advisors. Recently they’ve visited Colombia, Canada, Mexico, Italy, Turkey, Sweden and Dubai, with upcoming visits to Singapore, Malaysia, Hong Kong and Sydney. And they’ve secured a relationship with the World Bank to study crowdfunding as a way to unlock innovation in developing countries.
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