2. crowdfunding
Using a crowd to help fund some
type of project
Donation-based crowdfunding
Reward-based Crowdfunding
Equity-based crowdfunding
Debt-based crowdfunding
3. kickstarter
Everything on Kickstarter must be a project not causes
You set a funding goal for your project
You set a timeframe to reach that goal, usually either 30 or 60
days
If you dont reach your goal, you dont get any of the funds
Theres no cost to get started
You pay Kickstarter 5% of the funds raised, on top of the credit
card processing fees to receive payments from your backers
Kickstarter requires you to reach your goal to receive funds,
whereas with most others, whatever money you raise, you keep
4. indiegogo
More focus areas than Kickstarter. Indiegogo is completely
open to anything
You can choose a flexible or fixed goal with your project
With flexible goals, if you dont reach them, you still get the funds
from those that backed your project, but you also need to make
sure youre able to fulfill the rewards
Like Kickstarter, theres no cost to get started
If you reach your goal, you pay Indiegogo 5% of funds raised; if
you dont reach your goal, you pay 5% of the funds raised
5. choose a platform
Check your projects eligibility
Select your major strategies
Determine cultural and personality fit
Look for credibility display opportunities
Evaluate platform costs
Consider the individual platforms minor features