…Cuz we believe wholeheartedly in this paradigm:
by Alvaris Falcon
Do you have a dream? No, not the kind you get from eight hours of sleep, a dream dream. Your legacy to leave in this world that people will remember you buy. You know, like creating an epic video game, or recording a great music album, or the next social network to take the world by storm? Never hurts to dream big, right?
Alas, in this materialistic world, dreams are expensive – scratch that, dreams need a great deal of money to take off. That’s where crowdfunding sites, a place where everyone could donate money to fund your dream project, can help you kickstart your dreams!
Today, driven by our passion to spread this great news among dreamers, we want to introduce to you 10 crowdfunding sites that could be the key to seeing your dream come to life. You will see the features and advantages of each site, which can help you pick the site to feature your dream in.
So cheer up, buck up and fire up your dream project and do your best to convince these angels that the world still needs dreams like yours.
What Is Crowdfunding
Crowdfunding, as its name suggests, is a funding method where common people like you and me, henceforth the crowd, fund your personal or business project with their own money. There’s a term that we commonly use to describe this money-giving action; it’s called a donation.
The main difference between crowdfunding and donation is that crowdfunding is tied to the American JOBS act that allows online sales of small stock to a huge pool of investors, although the act has not been passed yet. Nonetheless, you could still embrace the crowdfunding method to raise your project funds, as long as you don’t sell any kind of stock.
Different crowdfunding site could have different a purpose or approach , but overall the concept is simple – you post your project to a large group of site users, or “potential investors”, and they will fund your project with money if they are interested in the project. you can start a crowdfunding exercise for free as you will only be charged when your project has raised some funs or the full amount. There’s nothing to lose and this is great for publicity.
Probably the hottest crowdfunding site on the Internet is Kickstarter, which raised a total of $220 million from 61,000 launched projects so far. Thousands explore its listed projects every second waiting to give away their money to the project they think is most deserving! According to theguidelines, Kickstarter accepts all major kinds of creative projects but not for causes or awareness campaigns, charity or scholarships, and definitely not for vacations or a new digital camera.
The submission process is really intuitive and straightforward, you just need to sign up an account, then fill out your project details. You are encouraged to describe everything in great detail, as there will be crews reviewing your form and determining whether to accept your project or not.