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musicians, filmmakers, and artists have successfully raised funds and fostered awareness through crowdfunding
Crowdsourcing and crowdfunding could, in theory, occur without the internet, but "it certainly helps to accelerate the process".
As crowdfunding has matured from a series of one-off efforts into something reproducible, the money has followed.
He says crowdfunding relies on "networking, good contacts and a good product".
It hopes crowdfunding will circumvent these obstacles and create new opportunities.
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