Post-Transition Period for Crowdfunding Platforms in the EU: Impact, Challenges, and Survival Strategies
With the conclusion of the transition period for crowdfunding platforms in the EU in November 2023, which was extended twice, only 149 out of over 1000 platforms obtained the required license. Now, these licensed platforms can continue presenting new investment projects, while the rest are prohibited from doing so. However, they must fulfill obligations to previously funded projects and the investors involved.
Have you observed these regulatory changes, and how do unlicensed platforms navigate the current landscape where costs persist, but the ability to showcase new projects is restricted?
What strategies do you see emerging for the survival of unlicensed platforms in this altered crowdfunding ecosystem?
Andreas, Cyprus
7 months ago
As a seasoned individual from Larnaca, I appreciate the EU's efforts to regulate crowdfunding platforms. Unlicensed platforms face challenges, but must prioritize fulfilling existing obligations. Adaptation is key
Maximilian, Germany
7 months ago
It's commendable that some crowdfunding platforms in the EU have adapted to the new regulations and obtained licenses. However, unlicensed platforms face challenges. They may need to focus on enhancing transparency, building trust, and exploring alternative revenue streams to survive
Nicholas, Cyprus
7 months ago
We have noted the challenges faced by unlicensed crowdfunding platforms post-transition period in the EU. It is crucial for unlicensed platforms to focus on fulfilling existing obligations, exploring partnerships, diversifying revenue streams, and seeking alternative licensing options to adapt and survive in the evolving regulatory landscape
John, USA
7 months ago
Navigating the post-transition period challenges, unlicensed crowdfunding platforms must focus on fulfilling existing obligations, exploring alternative revenue streams, and seeking partnerships with licensed platforms. Adapting to the new regulatory landscape by enhancing transparency and investor protection will be crucial for their survival
Conor, Ireland
6 months ago
Wow, this is a crucial topic! It's impressive to see how only 149 out of 1000 platforms got the license. Unlicensed platforms face tough times now, but they must ensure obligations to previous projects. They need to innovate and adapt to survive in this new crowdfunding environment. Exciting challenges ahead!