There are four main types of Crowdfunding that you may hear about.

• Donation  – Contributor receives nothing in return for their contribution. These are generally for causes or personal issues
• Reward – Contributor receives a product or service (reward or perk) in exchange for their contribution
• Equity – (Peer to Peer Lending) Crowd lends money to creator who pays back, generally with lower interest rate
• Debt – Creator sells a percentage of business which the contributor receives shares

• Royalty (not talked about much) – Contributor receives royalties when the creator earns profit