How do you know something has become ubiquitous?
Do a Google search for “crowdfund” and today you will get about 9,640,000 results in 0.35 seconds. Results range from the top crowdfunding websites like Kickstarter to a campaign for a Greek bailout to porn sites to someone who wants to make a stranger a millionaire.
There are now so many ways to get other people to pony up money that the SEC’s regulations, even if revised to be more user-friendly, are likely now a footnote.
Crowdfunders can still learn from the mistakes of others, like this video game company that failed: http://www.examiner.com/list/red-ash-kickstarter-fail-5-lessons-to-learn-from-its-mistakes