Crowdfunding Development Trends: Foreign Experience and Ukrainian Realities in the Digital Economy

Abstract

The purpose of this study is the current globalization process of crowdfunding. Themain theoretical approaches to defining the essence of crowdfunding are revealed, the main types of crowdfunding services are identified, the advantages of using this type of financing from the standpoint of each participant in the process are considered. The evolution of the development of crowdfunding platforms both at the global level and at the level of modern economic development of Ukraine has been studied. The leading foreign and domestic experience of functioning of the market of crowdfunding services is analyzed. Based on statistical data, its dynamic development in economically developed countries in the context of globalization is substantiated. The main directions of its development in the conditions of digital transformation of economy of Ukraine are offered.