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                                         XIN Feature Crowdfunding
                                     Infinity Foundation May, 2017, v1


Content:

	1. Crowdfunding Overview
	2. Crowdfunding Usage Examples

1. Crowdfunding Overview

 Crowdfunding is the practice of funding a project or venture by raising monetary contributions from 
 a large number of people. Crowdfunding is a form of crowdsourcing and of alternative finance.
 Crowdfunding is generally based on three types of actors: the project initiator who proposes 
 the idea and/or project to be funded, individuals or groups who support the idea, and 
 a moderating organization (the "platform") that brings the parties together to launch the idea.
 During 2013 $5.1 billion USD was raised by millions of individuals! However the biggest disincentive 
 to using websites such as Kickstarter is their fees. Kickstarter demands 5% of the money raised 
 as a fee, and payment processing fees are another 5%, which in the era of blockchain technology 
 is a little difficult to justify. Based on the built-in currency feature XIN offers this 'platform' 
 as a fully automatic decentralized solution for simple, fast and affordable crowdfunding. 
 Crowdfunding can been used to fund a wide range for-profit entrepreneurial ventures such as 
 artistic and creative projects, medical expenses, travel, or community-oriented social 
 entrepreneurship and charity projects.

2. Crowdfunding Usage Examples

 All kinds of entrepreneurial ventures, profit and non-profit.
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