Some people seem to believe that crowdfunding is an easy way to get funding for your business idea. However, more crowdfunding campaigns fail than succeed.
In this blog, you will learn more about why some campaigns fail or succeed, what questions you should ask yourself before starting a crowdfunding campaign, and why crowdfunding might not be right for your company. Read more at Business2Cummunity.com
News website Forum.tm recently completed Croatia's first-ever crowdfunding campaign for a media project, raising nearly double their original fundraising goal and attracting hundreds of backers. It's a success story that could be a helpful model for other small, independent journalism projects struggling with financial security.
Crowdfunding revenues for video game projects appear to have fallen in 2016. The decline is especially large on Kickstarter, where the revenue earned by successful projects was down nearly 60 percent.
Stretch goals are financial targets set above a project creator’s initial funding goal. They’re designed to make better use of excess funds raised in a campaign by offering improvements to projects or providing additional rewards to backers. Including stretch goals in a crowdfunding campaign can be immensely beneficial.
The crowdfunding law creates a specific status for equity and debt crowdfunding platforms (referred to as “alternative financing platforms”) and prescribes operating requirements for both alternative financing platforms and regulated entities (credit institutions and investment firms) that engage in alternative financing activities. Rewards and donation-based platforms are not within the scope of this law.
Crowdfunding in France grew with 40% from 2015 to 2016. Read the full report from Financiment Participative France.
A creative start-up for music shares their experience with crowdfunding. Read more on Medium.com below.
Crowdfunding is typical of our time, in that it is a universally acclaimed good thing that actually reveals many problems if you pause to think about it for a second or two.
As budgets shrink, the restricted ability of cities and towns to build parks, pools and art centres is leading citizens to step in with new ways to create public spaces and buildings -- using crowd-based models.
In today’s tight economic times, architects are discovering new ways to get projects off the ground.