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Crowd funding deals with mobilisation of funds for a project from a large number of people, who would be willing to invest smaller amounts through web-based platforms in the project.

Based on the above paragraph, which of the following is correct about crowd funding?

  1. Funds raised through unwilling contributions on web-based platforms
  2. Funds raised through large contributions on web-based platforms
  3. Funds raised through coerced contributions on web-based platforms
  4. Funds raised through voluntary contributions on web-based platforms
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