Abstract

Crowdfunding is a novel and important economic mechanism for funding projects and promoting innovation in the digital economy. This article explores most recent structured and unstructured data from a crowdfunding platform. It provides an in-depth exploration of the data using text analytics techniques, such as sentiment analysis and topic modeling. It uses novel natural language processing to represent project descriptions, and evaluates machine learning models, including neural network models, to predict project fundraising success. It discusses the findings of the performance evaluation, and summarizes lessons for crowdfunding platforms and their users.

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