Crowdfunding, Micropayments and Publishers ©Naveen Jamal I was reading an article in Fast Company about the launch of Emphas.is and came across an aspect about the model that I really hadn’t thought much about – the role and opportunity for publishers. Publishers, too, if they take a shine to a project on the site, can secure first publication rights by funding up to 50% of the project. It’ll be interesting to see what stories get picked up by large publications. Emphas.is, Kickstarter and the rest are primarily funding platforms but each has a publishing component built in as well (blogs) which make them content destinations as well. The Evolution of the Platforms Crowdfunding platforms are still very new. I’m certain there will continue to be new crowdfunding platforms launched in the future as well, and I can potentially see how publishers might start to incorporate elements of the crowdfunding model into their business models. Flattr and Social Micropayments Watch Closely and Experiment
Aflamnah: Crowd-funding creativity From left, Masoud Amralla Al Ali, Lotfi Bencheikh and Vida Rizq. Cairo: This time last year, the global media was in a frenzy with sensationalized catch phrases labeling the Arab revolutions as the “internet uprisings” and “Facebook revolutions.” While technology certainly contributed to their success, the revolutions in Tunisia, Egypt and Libya were not technological revolutions. Social media did not create these revolts, but it did keep the movements alive and connected. Technology allowed the world to watch and spread the onset of protest — it helped link activists, build political networks and galvanize a movement that led to the toppling of autocrats. Although little has changed in the day-to-day lives of many Arab citizens, innumerable lessons have been learned since the uprisings. With a history in digital media, filmmaking and production, both Bencheikh and Rizq have deep Arab roots. According to Rizq, the Advisory Committee will help move the business forward on all fronts.
How it works - Appsfunder AppsFunder is a great way to get my new app funded. 1. Tell us the story behind your app. Tell us why your new app is so unique. Convince us you are as dedicated as we are to make it happen. We screen your project on its realism, and on your commitment to push it to execution. We also offer you the possibility to pitch your app to our Expert Panel. 2. Okay, we believe you! Your backers can buy a REWARD PACK that you define, or fund to get a REVENUE SHARE to receive a slice of the earnings you make once your app is published on Google Play or the Apple Appstore. I'm into it! 3. Spread the word! 5. Great, you made it! We send you the full details of all funders that backed your project with a reward pack, so you can start organizing the fulfillment of the rewards you offered.For the payback of your funders that opted for a revenue-share based funding, we will ask you to grant us access to your account on iTunes Connect or Google Play. OK, let's get started!
P2P Lending and Crowdfunding – Explore the New Frontier for Small Business Lending P2P Lending and Crowdfunding – Explore the New Frontier for Small Business Lending Looking for capital to start or grow your business? Sometimes, even with a solid idea and business plan, finding third party financing can be a challenge for many small business owners. So where are startups and growing businesses finding the funds they need? According to a Kauffman Firm Survey, one-third of young firms do not use capital injections. But if you don’t have savings to fall back on, another financing option worth considering is peer-to-peer lending or crowdfunding (also known as crowdsourcing). What is Peer-to-Peer Lending? Peer-to-peer-lending (P2P) essentially involves sharing your idea to other people in hopes they will invest in your business. What’s in it for the investors? Obviously, you can’t just cross your fingers and hope for the best when you post your listing. P2P lending sites are also a useful way to structure loans from friends and family. What is Crowdfunding? Related Resources
PledgeBank - Tell the world "I'll do it, but only if you'll help" eureeca.com Rippple: Home fundafighter.com Crowd Culture Fondomat - raise money, fulfil your dreams US legalizes crowd funding, will India follow? | Finance & Funding | News | DARE - Because Entrepreneurs Do | By Satish Kataria, In what could be watershed day in the history of evolution of new funding and support platforms for start-ups and early stage ventures across the world – today, the US House of Representatives passed the ‘Entrepreneurs Access to Capital Act’. This makes it easier for businesses to raise funds through ‘Crowd Funding’. The legislation will now allow start-ups to use ‘Crowd Funding’ to sell unregistered securities as long as the total amount raised is USD 2 Million or less. The Bill also restricts individual investment in crowd-funded securities to USD 10,000 or 10% of investor’s annual income – whichever is less. also endorsed this bill and mentioned that this will hence reduce “the red tape that prevents many rapidly growing startup companies from raising much-needed capital.” The Entrepreneur Access to Capital Act “combines the best of microfinance with the power of crowd sourcing,” said bill sponsor Republican Representative Patrick McHenry, of North Carolina.
crowdfunding for artists | kickstarter | indiegogo | crowdsourcing image by adesigna Is one of your New Year’s Resolutions to FINALLY get that big project done, the one you’ve been putting off forever? Do you want to make that film, release that album, create that jewelry line, or whatever your dream is, but don’t know how to get the startup capital? Consider crowdfunding as a way to get the momentum you need. Crowdfunding is a modern spin on patronage, made totally accessible and dynamic through the reach of social media. Kickstarter campaigns are restricted to projects that meet their guidelines, while IndieGoGo is much more open and requires no review period or approval for posting a campaign. Both sites allow you to choose the time frame for your campaign. On both of these sites, it is absolutely free to launch a campaign, but with funding come the fees. If your project has 501 c-3 nonprofit status, both IndieGoGo and Kickstarter allow contributors to make tax-deductible donations.