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This article was first published in the 3rd quarter 2018 edition of Personal Finance magazine

It may have its critics, and it certainly doesn’t work for everyone, but crowdfunding is undeniably a legitimate and effective form of “alternative” financing. Over the years, crowdfunding projects in South Africa have financed the launch of new technologies, helped myriad individuals and organisations, rescued deserving charities, taken athletes and adventurers to places they’d never dreamed possible, and even saved lives.