ΕΝΑΛΛΑΚΤΙΚΕΣ ΜΟΡΦΕΣ ΧΡΗΜΑΤΟΔΟΤΗΣΗΣ ΜΕΣΩ ΔΙΑΔΙΚΤΥΟΥ

Alternative Financing through the Internet Athanasios Kouloridas, Attorney at law, Lecturer, Athens University of Economics and Business ISBN 978-960-622-818-6 Abstract: The present study deals with the modern and currently evolving practice of financing through internet platforms, known as crowdfunding. Such practice gained popularity due to recent technological developments which enable inter- action among internet users. The analysis starts with a presentation of the various forms of crowdfunding ( donation crowdfunding, reward crowdfunding, p2p lend- ing, invoice trading, crowd-investing) and the differences from the traditional bank lending and raising capital through capital markets. The analysis follows with an ex- amination of the legal and regulatory aspects of various forms of crowdfunding and a review of the relevant developments at both national and European level. Action strategies and specific proposals for reinforcing the appeal of the mechanism in the Greek and Europeanmarket are also proposed. COPYRIGHT All rights reserved. No part of this publication may be reproduced, stored in a re- trievalsystem,ortransmitted, inany formorbyanymeans,withoutthepriorpermis- sion of NOMIKI BIBLIOTHIKI S.A., or as expressly permitted by law or under the terms agreed with the appropriate reprographic rights organisation. Enquiries concerning reproductionwhichmaynotbecoveredbytheaboveshouldbeaddressedtoNOMI- KI BIBLIOTHIKI S.A. at the address below. DISCLAIMER The content of this work is intended for information purposes only and should not be treated as legal advice.The publication is necessarily of a general nature; NOMIKI BIBLIOTHIKI, the author and the contributors make no claim as to the comprehen- siveness or accuracy of the information provided; Information is not offered for the purpose of providing individualized legal advice. Professional advice should there- fore be sought before any action is undertaken based on this publication. Use of this work does not create an attorney-client or any other relationship between the user and NOMIKI BIBLIOTHIKI, or the author, or the rest of contributors. 23 Mavromichali str. | 106 80 | Athens | Greece T +30 210 3678 800 | F +30 210 3678 819 www.nb.org | info@nb.org © 2019, NOMIKI BIBLIOTHIKI S.A. LawPublishers inEurope