Prospects for the Development of the Crowdfunding Market under Sanctions

Abstract

The paper considers the issue related to the development of crowdfunding in the Russian Federation. Under the conditions of restrictions due to sanctions and instability of the economy, the crowdfunding market decreased at the beginning of 2022, but later it increased its volume via the measures implemented by the market and the state. Crowdfunding is a popular way to raise funds for the realization of projects. The analysis of the volume of investments over the last few years indicates a promising development of crowdfunding platforms, so some techniques are being employed to maintain the development rates.