Some "$5.1 billion has been raised with crowdfunding so far in 2014," according to the following infographic by BusinessProfiles.
What will the future of crowdfunding look like, though?
"Equity crowdfunding" will increase, because the JOBS (Jumpstart Our Business Startups) Act lifted the ban on securities crowfunding for startups.
"Companies can now raise up to $1 million a year through crowdfunding without going through the process of registering the securities through the SEC," states BusinessProfiles.
"Donations crowdfunding" and "rewards crowdfunding" will also grow. That growth will occur more quickly in underdeveloped countries, and it will be slower in the US.
To find out more about the future of crowdfunding, its niche players, and its current state, check out the infographic:
