But it's still a problem now, and Erato deserves credit for getting it right, and for delivering that solution to
the backers of its crowdfunding campaign (Erato says 95 percent of its preorders have shipped).
Not exact matches
Crowdfunding sites have long been plagued by instances
of designers and entrepreneurs collecting money from
backers and then failing to deliver their product; more ominously, Indiegogo has hosted a series
of campaigns that some believed were outright scams.
The value
of a
crowdfunding campaign backer versus any other individual surveyed in expensive market research is that a
crowdfunding campaign backer has skin in the game.
Many
of the companies using
crowdfunding today are actually organizations with their own substantial PR and marketing budgets — as well as a full back - office support staff
of internal PR people, marketing experts and financial
backers fueling and helping their
campaign.
Some
crowdfunding platforms won't even allow you to launch your
campaign until you have a working prototype
of your product to show to your prospective
backers.
Unless you're well into the production process upon the completion
of your
crowdfunding campaign, you'll need to create a significant margin in your schedule before you can deliver what you promised your
backers.
Secured by an innovative Flash POS / POW hybrid consensus mechanism, PinkCoin enthusiasts, major $ PINK
backers, investors, and PinkCoin community leaders abound intend to change the landscape
of charity
crowdfunding, casual tipping, and friendly neighborhood micro-donation
campaigns.
Thus, when they support
crowdfunding campaigns with their money,
backers get not only promises (as on other
crowdfunding platforms) but also a real valuable asset - KickCoins in the amount
of up to 20 %
of their contribution as a bonus.
With the features described above, KICKICO creates a synergized place for different audiences that did not interact before, such as creators
of ICO and cryptocurrency projects and their
backers, or creators
of classical
crowdfunding campaigns and their
backers who have never dealt with cryptocurrencies before, authors
of their projects and experienced army
of advisors, moderators, designers, translators and other specialists all over the World.
Because it was partly financed by a
crowdfunding Web
campaign — Indiegogo.com raised $ 150,000 on top
of the reported $ 1 million budget — the film's
backers will be given private access to a virtual screening so that they can stream the film online at home as it unspools during its world premiere in Park City.
Backers of the Western - bound MMOARPG can now kick off the first Wild Buster alpha test as Insel Games extends its
crowdfunding campaign.
GPD raised more than $ 2.7 million for the Win 2 through an Indiegogo
crowdfunding campaign earlier this year, and now the company has announced that the first 1200 or so units will ship to
backers of that
campaign by May 15th.
Pillars
of Eternity originally came to be due to a successful
crowdfunding campaign that had over 75,000
backers.
To date, War
of Rights has raised $ 751,213 from 11,052
backers through its
crowdfunding campaign.
According to a report published by Gamespot after the
campaign ended, approximately $ 1.84 million
of that funding came from investments as opposed to
backers interested in traditional
crowdfunding rewards like signed posters.
In a post in that same thread, however, CIG's Ben Lesnick explained that Smart's refund is «the videogame equivalent
of a «we reserve the right to refuse service to anyone» sign in a restaurant,» and said that while the studio does try to «work with
backers who are facing hardships,» the money received through the
crowdfunding campaign is being spent on making the game and, by implication, is thus not available to give back to anyone who wants it.
Jessica will lead Creative Capital's online course «Kickstarter School» on March 26 — offering tips for artists
of ANY discipline to make a
crowdfunding campaign that resonates with potential
backers.
To launch the device, Toronto - based Better Current has turned to
crowdfunding with an Indiegogo
campaign, where early - bird
backers can reserve the first
of the Jenni units with a $ 229 pledge (MSRP $ 349), which will include a Hub, a Solar + window panel, and a charging dock insert.
The LuminAID Kickstarter
campaign, which has already surpassed its initial
crowdfunding goal on its first day, is offering
backers the option to be one
of the first to own the PackLite Max Phone Charger lantern with a $ 35 pledge (to be delivered sometime in March
of 2017), and also includes a social good component.
The NEO is currently in the middle
of a successful
crowdfunding campaign, and
backers can reserve one or more
of these lollipop - shaped LED bike lights for a pledge
of as little as $ 30.
GoSun's previous successes with using
crowdfunding to launch its other products has led it back to Kickstarter, where the Go cooker
campaign is currently seeking
backers to pre-order the units for delivery sometime in January
of 2018.
The Indiegogo
campaign for the JOLT electric bike just launched today, and is already a third
of the way toward its
crowdfunding goal, perhaps in part because
of the low price available for early bird
backers.
A successful
crowdfunding campaign typically depends on the perceived value
of the rewards by
backers and the effectiveness
of your marketing.
The LIFT is currently in the middle
of a successful
crowdfunding campaign, with a month still to run, and
backers at the $ 750 level will get their cargo bike kit in February
of 2017, which is a savings
of about $ 150 off
of the full retail price.
Shafrir is currently running a
crowdfunding campaign to launch her Ruche design, and
backers at the $ 30 and up level can be the first to own one
of these shelving units.
Currently, Grow Games Interactive is running a
crowdfunding campaign on Indiegogo to help bring Seeds The Game to the world, and all
backers that pledge $ 5 or more will receive beta access, and those pledging $ 13 will also get a free download
of the album «Beats to Bite Beets by,» a limited edition music jam.
The Stark Drive electric bike, which just launched on Indiegogo but has already almost quadrupled its
crowdfunding goal, looks to be an incredible value to
backers of the
campaign, while also coming in at a good price at full retail cost.
Backers of the Nebia
crowdfunding campaign can reserve a single unit for $ 299 (said to be a $ 399 retail value), and the company claims that the device will pay for itself in less than two years, based on the water usage in an average US home.
The level
of responsibility that a reward - based
crowdfunding campaign has to its
backers may not be as high as that
of a company seeking to raise equity.
There have been some big - name
backers of this specific
crowdfunding campaign, including Mark Zuckerberg and John Doerr who donated $ 1 million between them.
After a year
of crowdfunding campaigns and months
of production delays, the first company promising truly wireless earbuds has finally shipped a product to its
backers.
After shipping out to
backers of its 2017
crowdfunding campaign, Travis is now available for orders.
However, at the time
of writing, the
campaign has already broken through its goal with pledges
of over $ 170,000 from more than 1,300
backers, with the
crowdfunding campaign to last for 31 more days.
But ICOs differ from
crowdfunding in that the
backers of the former are motivated by a prospective return in their investments, while the funds raised in the latter
campaign are basically donations.