Research On Legal Supervision Of China’s Online Public Welfare Crowdfunding Platform

Crowdfunding originated in the United States.It refers to a way for small businesses,artists,or individuals to rely on the Internet and SNS for a certain activity or to start a business,and to raise funds from the public on a crowdfunding platform.Crowdfunding in China began to rise in 2001 and gradually developed in 2004.In the context of the rapid popularization of the Internet,public welfare crowdfunding combined with the Internet has developed into a new model of "network+public welfare",resulting in the emergence of a large number of online public welfare crowdfunding platforms,such as "drop water" and "easy to raise".The current public welfare crowdfunding projects in China are mainly concentrated in the fields of personal entrepreneurship,relief of serious illnesses,and social poverty alleviation."Easy to raise" online public welfare crowdfunding platform relies on unique advantages to make up for the shortcomings of traditional public welfare undertakings,and plays an important role in public welfare financing.In recent years,online public welfare crowdfunding platforms have used their own advantages to help promoters publish and spread information about crowdfunding projects,which has aroused widespread concern in the community about crowdfunding projects and helped countless individuals to complete crowdfunding projects.However,in this process,the shortcomings of China’s online public welfare crowdfunding platform are also constantly highlighted.The problems of online public welfare crowdfunding platform information are untrue,the rights and responsibilities are unclear,and the rules of crowdfunding are arbitrary.Online public welfare crowdfunding platforms lack trust and lose enthusiasm for public welfare undertakings.The current network public welfare crowdfunding platform’s own system is not perfect,making the development of the network public welfare crowdfunding platform continue to slow down.At the same time,the lack of external supervision also hinders the development of online public welfare crowdfunding.In recent years,online public welfare crowdfunding platforms have used their own advantages to help promoters publish and spread information about crowdfunding projects,which has aroused widespread concern in the community about crowdfunding projects and helped countless individuals to complete crowdfunding projects.However,in this process,the shortcomings of China’s online public welfare crowdfunding platform are also constantly highlighted.The problems of online public welfare crowdfunding platform information are untrue,the rights and responsibilities are unclear,and the rules of crowdfunding are arbitrary.Online public welfare crowdfunding platforms lack trust and lose enthusiasm for public welfare undertakings.The current network public welfare crowdfunding platform’s own system is not perfect,making the development of the network public welfare crowdfunding platform continue to slow down.At the same time,the lack of external supervision also hinders the development of online public welfare crowdfunding.In addition to the introduction and conclusion,the article is divided into the following four parts: First,an overview of the online public welfare crowdfunding platform.To explain the related concepts and characteristics of online public welfare crowdfunding platforms,summarize the current development model of online public welfare crowdfunding platforms in China,and analyze the challenges faced by the development of online public welfare crowdfunding platforms.necessity.The second is to combine the current platform status,project information,fund management and external supervision,and summarize the problems and deficiencies in the legal supervision of China’s online public welfare crowdfunding platform.The third is the investigation and enlightenment of the construction of the public welfare crowdfunding platform outside the domain.Comparing the development status of the US-British Internet public welfare crowdfunding platform,we discuss the US-British law supervision of the Internet public welfare crowdfunding platform,and combine our country’s reality to summarize the beneficial experience of other countries.The fourth is to propose countermeasures and measures to improve the legal supervision of China’s online public welfare crowdfunding platform.On the basis of the comparative analysis above,it is proposed how to improve China’s institutional supervision of online public welfare crowdfunding platforms and promote the healthy and sustainable development of the online public welfare crowdfunding industry.