The bill also looks to protect issuers and entrepreneurs from most lawsuits and eliminate a pre-filing notice requirement. Easley calls the bill “great,” but it doesn’t matter how great the bill is if no one knows about it.

“The more posts we have from people, the more valuable,” says citizen organizer and Morrisville-based investor Mark Easley, and he’s talking about Twitter and Facebook.

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A team of legislators and citizens are pushSocial Media Social media fueling crowdfunding bill - Vote for the best company in RaleighDurhams business competitioning for what they say are easier crowdfunding regulations in North Carolina. It’s an effort that starts and ends with social media.

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“The successful campaigns are really just the people who spend a lot of time and effort to generate interest through their social media,” Easley says.

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Easley is just one of the supporters of the Republican-led bill,new york asian escort model introduced by Wake County Rep. Tom Murry, that would establish an exemption for small offerings by North Carolina businesses to North Carolina residents. Designed to push aside red tape present in the federal crowdfunding exemption in the JOBS Act, the bill, introduced last week, would eliminate the need to inquire as to a non-accredited investor’s net worth.

“We have to contact everyone we know,” he says, adding that without social media, it wouldn’t be possible. Social media has become the movement’s lobbyist.

It’s particularly appropriate because crowdfunding itself, he says, is a process that depends on social media.