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Oct. 8, 2016

As rules go live, tech steps up to help the crowdfunding cause

To help startups and other companies get their feet wet, some technology companies are developing blockchain-based systems for managing the custody, trading and settlement of securities. By Adam T. Ettinger

Adam T. Ettinger

Pierson Ferdinand

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By Adam T. Ettinger

In the mid-1990s, software developers, filmmakers and other artists began sourcing funds for their projects from unaffiliated supporters using the internet. Then, in the late 2000s, large-scale crowdfunding platforms appeared as social networks grew more and more popular. In particular, startups like IndieGoGo (2008), Kickstarter (2009) and Microventures (2010) began to prove the full potential of crowdfunding.

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