Cloud computing is essential for building crowd networks, as it facilitates various forms of crowd sourcing and funding, while sharing characteristics such as on-demand self-service and resource pooling. Examples like GrabTaxi, Pozible, and Gengo illustrate how organizations leverage cloud technologies for operational efficiency and innovation. The document concludes that while crowd funding can be enhanced by cloud computing, it is not a prerequisite for operational success; however, cloud-based ecosystems will significantly influence future economic development.