The future of crowdfunding is one of specialization, with an ever-increasing number of firms finding niches in equity, nonprofit and even creative projects silos, industry leaders told a Federal Trade Commission gathering on Wednesday.

“You’re going to see people developing an expertise and really move on from this initial stage of everyone kind of exploring crowdfunding in a more general sense,” said Kickstarter general counsel Michal Rosenn. “I think you’ll see increasing specialization.”

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