Opportunities and Potential for the Development of Crowd Investing in Russia

DOI

10.2991/aebmr.k.201215.013How to use a DOI?

Keywords

investment, crowd funding, crowd investing, digital economy, crowd investing platform

Abstract

The article considers the development of a promising “crowd investing” economic model for investors in projects in the Russian and global financial market. The advantages and disadvantages of crowd investing, as well as the principles of work of crowd investing platforms, are identified. The authors have identified and disclosed the main advantages and disadvantages of crowdinvesting, as well as the principles of crowdinvesting platforms. Research is based on the data of a detailed analysis of the Russian crowd investing market. The Russian crowd investing market is analyzed, the main crowd investing companies in Russia and the directions of their activities are determined. As platforms where client can invest in projects and return funds after a certain period of time with interest, it is possible to highlight StartTrack, Alfa-Stream from Alfa-Bank, Aktivo, Gorod deneg (P2P lending), Planeta.ru. The growth potential of crowd investing in the regions of the world is identified; the prospects for its development at the global and national levels are outlined. It should be emphasized that in the medium term, crowd investing will be part of horizontal economic systems with financial and other methods of exchange or support. Blockchain and cryptocurrencies are becoming a particular incentive for the development of crowd funding. As for the Russian practice of crowd investing development, it provides simple tools for development at the Western qualitative level, although not at the same pace as in the West.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Julia Solovey
AU  - Natalya Bykanova
AU  - Denis Evdokimov
PY  - 2020
DA  - 2020/12/17
TI  - Opportunities and Potential for the Development of Crowd Investing in Russia
BT  - Proceedings of the 8th International Conference on Contemporary Problems in the Development of Economic, Financial and Credit Systems (DEFCS 2020)
PB  - Atlantis Press
SP  - 61
EP  - 65
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.201215.013
DO  - 10.2991/aebmr.k.201215.013
ID  - Solovey2020
ER  -