Tag Archives: crowdfunding
June 27, 2012
… funds promise the world, but seem to specialize more in hidden fees than delivering returns.
Crowdfunding a new era
As you will have guessed by now, the alternative we are coming to is crowdfunding.
Crowdfunding is a big deal: globally the 450 or so crowdfunding platforms raised $1.5bn last year. This figure that is expected to double in 2012.
So far most of this funding has been in return for rewards (like merchandise) or simply donations. Crowdfunding platforms, for the most …
Tags: Barack Obama business crowdfunding crowdsourcing Investment JOBS Act Kickstarter Law microtask Mutual fundBarack Obama, business, crowdfunding, crowdsourcing, Investment, JOBS Act, Kickstarter, Law, microtask, Mutual fund | Leave a comment
April 11, 2012
… rather than inspired innovation.
As recent fundraising for gaming company Double Fine has shown, crowdfunding site Kickstarter is now changing these rules.
Traditional publishers vs the crowd
Funding is a big issue for game developers because making good games costs money. A lot of money. Developing a decent downloadable game can cost up to $2M, while a high class retail product can easily blow out the budget to $40-50M. That’s not the kind of money you can ask the crowd for, right? …
Tags: Brian Fargo crowdfunding crowdsourcing Double Fine Productions Graphic adventure game Kickstarter Long Tail microtask microwork monkey island Ron Gilbert Tim SchaferBrian Fargo, crowdfunding, crowdsourcing, Double Fine Productions, Graphic adventure game, Kickstarter, Long Tail, microtask, microwork, monkey island, Ron Gilbert, Tim Schafer | Leave a comment
September 5, 2012
… an elephant ), before vanishing into madness and obscurity.
If you’re interested in crowdfunding, you’ll probably know all about Operation: Let’s build a Goddamn Tesla Museum, which has become one of crowdfunding’s most high-profile success stories to date. So far, over $1m has been raised to preserve the Wardenclyffe facility, the site of a particularly fascinating (and ultimately tragic) period in Tesla’s life. But as well as being an inspiring example of grass-roots …
August 1, 2012
… at all, from “Accidents & Personal Crisis” to “Travel & Adventure”. Could crowdfunding be the answer to my lofty ambitions? Does this sort of crowdfunding have the potential to really take off?
Below I present to you what I see as the pros and cons of the concept. I’ve tried to be as impartial as possible. (If, after reading it, you’re in favor of the site, we can talk about how much you want to donate to my “Get Tommaso Out of This World” fund.)
Pro: The …
July 5, 2012
… US to use online crowds to raise funding. We noted the huge potential this has for not just the crowdfunding industry and startups, but the investment world as a whole.
One platform that is planning to take advantage of these new laws (the UK is set to follow the US later this year) is Trillion Fund. Trillion Fund’s modest goal is to eventually raise a trillion dollars for sustainable energy projects. Just as ambitious is the fund’s goal of raising it in small increments from people …
Tags: business crowdfunding crowdsourcing Investment JOBS Act Kickstarter microtask Mutual fund Renewable energy Western Europebusiness, crowdfunding, crowdsourcing, Investment, JOBS Act, Kickstarter, microtask, Mutual fund, Renewable energy, Western Europe | Leave a comment
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