THE ROLE OF CROWDFUNDING IN THE FUTURE OF UKRAINE: PROBLEMS AND PROSPECTS

Abstract

The purpose of writing the article is to find alternative sources of funding for resto­ration projects, forecasting the impact of their implementation on the state of Ukraine's economy. Analysis of the current state and study of the state's investment needs is the main vector in the direction of developing recommendations for finding and attracting financial assistance. Under­standing the principles and basics of crowdfunding platforms is an important step on the way to using this tool to attract additional sources of funds in the future for recovery. There are different approaches to the classification of crowdfunding fees, each of which plays an important role in modern society. Each of them reveals the value of crowdfunding as a tool for supporting modern art, innovative technologies, charitable gatherings and organizations, political ideas in the form of projects. The article also contains statistics of successfully implemented projects on domestic crowdfunding platforms, features of the implementation of these projects and their impact on the present and future of the country. We consider the reasons for the appearance and principles of operation of popular platforms, both foreign and domestic counterparts. We also considered the influence of the Russian military aggression on the state of the crowdfunding market in the world, the trends of its further development and expected forecast indicators until 2027. The study also touched on the analysis of the advantages and disadvantages of crowdfunding as a system for both parties: both for project initiators and for investors. The biggest problem today is the imperfect legal basis. Prospective directions for investing in the country's post-war reconstruction were determined, and recommendations were made for the implementation of these principles.