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Crowdfunding has become a popular way of financing projects when other and more traditional methods do not work.Generally it works by someone pitching the idea for their project and then other people invest in the project raising the money that is needed.A classroom of 35-plus students without books is hardly a learning environment, especially when compared to suburban and private schools where the average class size is 20 students and resources are plentiful.
Lending based crowdfunding is a scheme where investors lend the initial amount and get back what they put into the project after an agreed amount of time.
Equity based crowdfunding is a scheme where investors become shareholders and are entitled to a share of the profits.
Thus, an argumentative essay requires the student to investigate a topic, collect evidence, and evaluate evidence in order to clearly establish a point of view on the topic chosen.
As discussed above, anargumentative essayusesreasoning and evidence - not emotion - to take a definitive stand on a controversial or debatable issue.
Crowdfunding is not a new concept and in fact it has been around before the internet provided crowdfunding websites.
The most famous of early crowdfunding was the Stature of Liberty which was paid for by citizens of France and citizens of the United States.
Since then many crowdfunding sites have started and these include: The above list only contains a few of the most popular crowdfunding websites and there are many more that are appearing all the time.
There are four main different types of crowdfunding as shown below: Reward based crowdfunding is a scheme where investors receive a product or a service in return for money.
Films that have been funded in this way include: It is not only the entertainment industry that has benefitted from crowdfunding.
The Pebble watch is the most famous of all crowdfunding projects as Pebble created their hugely successful smartwatch this way.