Share of crowdfunding platforms in China 2020, by type

In April 2020, 36 percent of crowdfunding platforms in China had an equity-based funding model. Not only were reward-based platforms more successful in raising funds, they also accounted for a larger share than the equity-based version. Around seven percent of the platforms were donation-based. In this model, the raised funds were intended for a charitable cause and investors did not receive any return.

于2020年4月，中国36%的众筹平台采用基于股权的融资模式。不仅基于奖励的众筹平台在筹集资金方面更为成功，它们所占据的份额也超过了基于股权的版本。大约7%的平台基于捐赠。在此模式下，筹集的资金旨在资助慈善事业，投资者不会获得任何回报。