The rapid expansion of social media has broadened the number of crowdfunding platforms available today. This phenomenon should be seen in the context of a long tradition of appealing to… Click to show full abstract
The rapid expansion of social media has broadened the number of crowdfunding platforms available today. This phenomenon should be seen in the context of a long tradition of appealing to the public for financial support. Modern crowdfunding initiatives have developed into a significant source of funding, garnering an estimated US $5 billion annually, with proceeds projected to expand to an annual $100 billion by 2020 [1]. Websites such as Kickstarter.com allow users to pool the resources of many contributors, funding predefined initiatives [2] with incentives ranging from merchandise or symbolic gifts, to acknowledgement of project contribution [1]. Furthermore, there has been an interest in research-specific platforms to act as an adjunct to or replacement of traditional funding sources [3]. Entities such as Experiment.com offer a platform to seek crowdfunding support ranging from basic science initiatives [3] to clinical trials. A recent systematic search identified 20 clinical trials funded via crowdfunding, with eight out of 13 completed campaigns reaching their funding goals, the largest funding allocation reaching a total of $3 113 000 [4], underscoring the financial implications of crowdfunding. Crowdfunding is a novel mechanism of public involvement that has profound implications on respiratory research http://ow.ly/2CsV30eEiVi
               
Click one of the above tabs to view related content.