Crowdfunding tackles cancer
A campaign on Generosity has raised nearly $4 million to fund paediatric cancer research at Memorial Sloan Kettering, New York.
Crowdfunding is being used more frequently to fund medical treatment and research, with 22% of Americans contributed to a crowdfunding project in 2016. But doubts remain over the tax treatment of raised funds and accountability.
Is the Sloan Kettering campaign the start of a revolution in the way research is funded? Or is this case just a high profile outlier? Read more here.
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This article was created in association with TAB, the leading resource for data and news on the crowd economy and alternative finance.