Il crowdfunding o finanziamento della folla

[Machine translation] For the interpreter, as well as for the operator, who, in an attempt to approach the phenomenon of crowdfunding, try their hand at reading the intricate Italian regulation, it may be useful to focus on the scene, first identifying the protagonists and their related roles. For each equity based crowdfunding transaction, an issuer, innovative start-up, and a lender intervene, who meet on a virtual plaza, the so-called platform organized by a portal manager: this is the point of observation of this work, which aims to examine the phenomenon through the analysis of the complex regulatory framework that governs it, trying to highlight its peculiarities and critical profiles.