Crowdfunding and diaspora philanthropy are two emerging areas of research that are generating excitement in the field of philanthropic studies. However, little if any research examines the shared characteristics and advantages of these two phenomena, and if and how crowdfunding might serve to strengthen efforts in the practice of diaspora philanthropy. This article reviews relevant literature on crowdfunding and diaspora philanthropy, and then analyzes overlapping characteristics, strengths, and limitations of these practices. The article then considers the potential of crowdfunding to contribute toward diaspora philanthropy, giving particular attention to the contexts and challenges faced in philanthropy in the global South.

This study presents an interdisciplinary systematic review of the literature on donation-based and reward-based crowdfunding. The literature to date has explored differences in crowd’s behavior and incentives for participating in the platform, as well as the factors governing funding and post-funding success. The authors summarize the main findings to date and synthesize the different theoretical explanations for the decision-making behavior of the crowd. The investigation reveals how the literature to date has upheld the importance of crowdfunding as a social and democratic tool, one that demonstrates wise judgment and clairvoyance in recognizing potential successes and creating value for society.

Technology is rapidly changing the world of philanthropy, providing organizations with new ways to raise funds and engage donors. One promising new development is the use of cause-related games to mobilize potential donors. Although gamification has long been used in fundraising, its effectiveness, especially for games that have philanthropic components but are not directly related to fundraising, calls for empirical examination. In this paper, we report findings from a study conducted in China. Using online snowball sampling, we recruited 1618 participants (effective sample size of 1586, comprising 41% males and 59% females). The results revealed that participation in cause-related games is significantly associated with an individual’s willingness to donate, and past donation and volunteer experiences moderate this relationship. These findings shed light on the potential mechanism through which cause-related games can influence potential donors, which has significant implications for theory and practice.

Crowdfunding opened up new opportunities for nonprofits to mobilize resources in the increasingly competitive world. Systematic knowledge regarding key factors linked with funding outcome is lacking, making it hard to offer practical suggestions to help nonprofits launch successful crowdfunding campaigns. In this study, we looked at 109 grassroots nonprofit campaigns on Tencent Philanthropy, one of China’s largest nonprofit crowdfunding platforms. We investigated to what extent demonstration of legitimacy, arguments for worthiness and social network influence campaign outcome. Results show that Chinese donors do not care much about the organization’s legal status or accountability measures. Demonstration of organizational competence, the use of concrete personal stories in the pledge, and to offer low-risk solutions (such as direct cash and in-kind assistance) are linked with campaign success. Comparing with the pledger’s own social network and marketing capacity, viral network and viral marketing are more important in crowdfunding.

This article introduces “CALL4,” a bilingual (Japanese and English) website created in 2019 to bring attention to public interest cases litigated in Japan’s courts. The open-access CALL4 website (https://www.call4.jp/) is designed to both stimulate public interest and raise money for litigation costs through crowdfunding. It presently covers more than 80 cases. CALL4 has become a standard reference for news reporters, lawyers, and others concerned with public interest cases. The site has also raised significant funding. This article profiles the founders and their strategies for reaching a broad audience to support public interest cases, including a significant reliance on student volunteers.

We design an experiment to study the effect of asymmetry in the context of group lending with joint liability. The performance of group loan contracts crucially hinges on borrowers engaging in peer monitoring and the common practice is to offer participants of a group loan symmetric contract terms. Our experiment shows that asymmetric contracts, in which monitoring is a dominant strategy for one borrower, increase the monitoring rate, and thus the repayment rate, without leaving borrowers substantially worse off. In addition, asymmetric contracting also raises expected profits of the lending institution. Overall, our experiment reveals that asymmetric group loan contracts are worth considering as part of a policy to maintain both financial stability and higher lender profits.

In 2022, an anti-vaccine mandate protest in Canada received millions of dollars in support through online crowdfunding. This event catalyzed political crowdfunding in Canada by demonstrating its ability to disseminate ideological discourse and mobilize collective action. Given its newfound visibility and impact, this study examines the landscape of political crowdfunding in Canada. We examined 60 campaigns from the legal, current events and political categories on the crowdfunding platform GiveSendGo and classified campaigns into: COVID-19-related topics, alternative media and free speech, climate change skepticism, and other political campaigns. Thematic analysis of the interactive discourse between campaign hosts and donors revealed that many campaigns were motivated by defending individual rights and freedoms amidst perceived government overreach, which fuels a distrust towards authority, including the government and mainstream media. Our study suggests that political crowdfunding empowers individuals to symbolically reflect their political and ideological beliefs through financial donations.

In an artefactual field experiment, we implemented a crowdfunding campaign for an institute’s summer party and compared donation and contribution framings. We found that the use of the word ‘donation’ generated higher revenue than the use of ‘contribution.’ While the individuals receiving the donation framing gave substantially larger amounts, those receiving the contribution framing responded more strongly to reward thresholds and suggestions. An additional survey experiment on MTurk indicated that the term ‘donation’ triggers more positive emotional responses and that emotions are highly correlated with giving. It appears that making a donation is perceived as a more voluntary act and is thus more successful at generating warm glow than making a contribution. We surmise that this extends to other funding mechanisms.

The recent emergence of online crowdfunding campaigns has transformed the charitable landscape in China. This paper examines the participation of one county-level grassroots nonprofit organization (SW) in Tencent's 99 Giving Day to reveal a paradox of organizational success in online crowdfunding, namely that local nonprofits have to wage corresponding offline campaigns with the support of the local government, and thus must co-evolve with local politics. While the online charitable campaign played a crucial role in the founding and professionalization of SW, the successful campaign was soon co-opted by the local government as a source of welfare soft-budgeting and performance management. To ensure the ongoing success of the three-day campaign, the online crowdfunding was transformed into a large-scale offline mobilization. We find that although crowdfunding creates new opportunities for rural grassroots organizations, these organizations must balance dual pressures from both the platform and the local government to successfully crowdfund online.

This article examines different ways in which finance models have become the ruling mode of spatializing relationships, arguing that the ongoing convergence of economic and spatial investment has transformed our environments into heavily contested ‘financescapes’. First, it reflects upon architecture's capacity to give both material and symbolic form to these processes and considers the impacts this has on the emergence of novel kinds of urban investment frontiers, including luxury brand real estate, free zones, private cities, and urban innovation hubs. Focusing on speculative urban developments in Morocco and the United Arab Emirates, the article then highlights the performative dimension of such building programs: how architectural capital is put to work by actively performing the frontiers of future development. Physically staking out future financial gains, this mode of operation is today becoming increasingly manifested in urban crowdfunding schemes. We argue that, far from promoting new models of civic participation, such schemes are functioning as a testbed for speculation around new patterns of spatial production in which architecture acts less as the flagstaff of capital than as a capital system in itself.

Crowdfunding is becoming increasingly popular for funding projects, particularly in the domain of product design, by asking a large group of people. Previous studies have indicated that creativity plays a significant role in product design and is considered an important factor of success for new product design and development. However, these studies have not explicitly explored the role of creativity in crowdfunding product design projects. This paper investigates this issue by conducting a case study employing expert evaluations of selected successful and unsuccessful crowdfunding product design project samples. The results of the study show there is a positive relationship between the creativity of a product and the success of its crowdfunding campaign. Therefore, creativity can be considered a success factor of crowdfunding. The study also suggests creative products, especially useful ones, might have more potential to attract people's willingness to fund them. This paper has contributed to the research on design, creativity, product design and development, and funding business models. Most importantly, this paper has raised the significance of creativity in design and business.

This paper purports to study the enormous proliferation of fintech online peer-to-peer (P2P) lending in Indonesia, along with their risks and the prevailing regulations of fintech online P2P lending. This article also suggests a varied spectrum of regulatory actions for regulating online P2P lending as an approach to increase consumer protection and stimulate the growth of Indonesia’s financial inclusion. It highlights the regulative risks and challenges of fintech online P2P lending in Indonesia and has discovered various spectra of regulatory responses that the Indonesian government can practise to regulate this potential industry. Solid recommendations were also given to regulators to better develop the present regulatory framework. This paper adds to the literature on the prevailing practice of online P2P lending by offering a legal outlook involving legal protection and the newly emerging fintech industry from an Indonesian context.

Crowdfunding is the process of taking a project in need of investment and asking a large group of people to supply the investment. It allows organisations to sell their product before production, reducing the risk of new product development. Organisations such as Tesla and General Electric have used crowdfunding successfully but crowdfunding is yet to be explored as part of a formalised product development framework. This paper includes the business case for commercialising new products with crowdfunding and presents crowdfunding as part of a product development and commercialisation framework.