Crowdfunding Industry Overview

Average Campaign Size by Model EQUITY $190 thousand Source: Massolution Apr 2012 Slide | 23 LENDING $4.7 thousand MIXED OTHERS $4.3 thousand Total Campaigns 1.1 million worldwide North America (625k) Europe (470k) REWARD $2.3 thousand DONATIONS $1.4 thousand DONATION- REWARD MIX $2.3 thousand Total # of Portals Grew by 50% 542 portals in Apr 2011 813 portals in Mar 2012 Employment and Social Development Canada NCFA Michal Chowdurcing Association Canara

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