(FaithWire) – A new series telling the life story of Jesus Christ has become the biggest crowdfunding project in history. “The Chosen” is a streaming series directed by Dallas Jenkins that has raised over $10 million from some 15,000 investors. “When we started this whole thing I’d be impressed if we brought in $800,” Jenkins told Fox News. “The notion that we could start from scratch and shatter the all-time
crowdfunding record was ludicrous, but this whole year has gone to show that there’s a passion for something different.” According to The Hollywood Reporter, the team behind the project employed a form of equity funding, issuing one share for every dollar invested. In addition, managers behind “The Chosen” have promised that they will not receive any of the potential profits until all investors make at least 120 percent on their investments. READ MORE
