As far as the current market is concerned, there are two major risks in the crowdfunding platform financing model. On the one hand, it needs to bear legal risks, on the other hand, it is credit risk.

I. Legal risks

Risk of illegal fund-raising

Holding shares on behalf of others

Risk of infringement of intellectual property rights

There is a risk of "public offering of securities"

Risks caused by the lack of supervision system

Second, credit risk.

Credit risk of project sponsors

Credit risk of crowdfunding platform