- This question examines the distinct models of crowdfunding and what motivates contributors when supporting projects, distinguishing between tangible rewards versus financial stakes in a venture. 3. **What are the major legal and regulatory challenges

- This question examines the distinct models of crowdfunding and what motivates contributors when supporting projects, distinguishing between tangible rewards versus financial stakes in a venture. 3. **What are the major legal and regulatory challenges faced by crowdfunding platforms, and how do they differ across countries?
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