Modern crowdfunding first began in 1997, when a British rock band funded their reunion tour through online donations from fans. Crowdfunding quickly became popular with entrepreneurs looking to fund their small businesses and creatives who wanted to finance independent films or albums. Crowdfunding platforms are websites that enable interaction between fundraisers and the crowd.
I support Minerva Sweeny Wren (McGillicuddy & Murder’s Pawn Shop and The Ghost Catchers audio dramas) and Decoder Ring Theatre podcasts on Patreon because I enjoy what they do. Canadaland (one of my former supportees) has turned its subscription base into a small-but-powerful media criticism and publishing platform. It’s also pretty obvious that Zola’s honeymoon registry features were designed as an afterthought. The platform doesn’t have Hitchd’s massive library of stock photos or its writing templates that make it easier to write introductions and gift descriptions. The platform was primarily built as a honeymoon registry, but couples can actually add anything they want. Some like to add a few physical gifts, usually luggage or home goods upgrades, from any store they’d like.
If they’re going in a different direction than you planned, it’s okay to walk away. But if everyone’s compass points in the same direction, see where your paths overlap. Sterling recommends no more than three or four slides; the total pitch time should be four to six minutes. Like Cheap Fundraising Ideas , you’re telling a story—from the customer’s perspective.
Exclusively for social change initiatives, StartSomeGood is an all-or-nothing crowdfunding website for philanthropists. FundRazr comes with social integrations, room to upload images and videos, and a dedicated support team. Indiegogo allows individuals to set up a “Coming Soon” page to generate buzz around their ideas before they’re ready to crowdfund. They help entrepreneurs prepare, crowdfund, and sell their products and services to a broader marketplace. To see which payment option your contributor selected, visit the Contributions page.
You fill out the application — it takes minutes — review the loan offers and their terms, and once you accept, the money can be sent right to your bank or to your creditors. The site, which started in 2003 as a “fan-funding” site, is a go-to site for many jazz and classical musicians who want to fund their upcoming projects. Nine of the projects have received Grammy awards, while another 18 have received nominations. In an increasing number of cases, people use GoFundMe to raise money to cover uber-high medical bills for terminal and chronic illnesses.
All you’ll need is some basketballs and hoops, but you may want to make it more interesting by having music, food and other games available. Winner could be awarded a prize or a trophy—or just pure, unadulterated community bragging rights. You could run this as a competition to hit a target from a set distance, or to score a set number of goals within a limited time. It can also be run with any other kind of sport, such as most baskets in basketball or the highest score in darts.
For equity crowdfunding, participants receive a financial reward for their investment by owning shares of your company. MightyCause is a fundraising platform that helps organizations, charities, and individuals raise money for causes and projects. It offers a set of tools to help companies and individuals in developing, controlling, and monitoring their fundraising efforts; making it a great online fundraising tool.