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crowdfunding News

Crowdfunding is growing beyond tech, but is it really the future?

Crowdfunding sites are all the rage right now. Kickstarter and Indiegogo have given start-ups a new way to gain exposure and lift their brand off the ground. The approach is also revolutionising established industries though, from real estate to banking.

Op-Ed: The new face of financing? Crowdfunding grows up, adds scope

Sydney - Crowdfunding was universally acclaimed a decade or so ago, after everyone said it was a fad. Now, it’s turning in to a “due diligence” financial operation, and even developing political legs.

Man uses GoFundMe to try and buy $15,000 engagement ring

Atlanta - A 30-year-old Atlanta man decided to buy his girlfriend an engagement ring. Not just any old ring he could afford but one costing $15,000. Unable to afford that amount, he started a GoFundMe page to raise the money. People on the Internet were not amused.

ZTE cancels disastrous crowd-funded smartphone

ZTE has cancelled its funding campaign for Project CSX, the company's ill-fated crowd-sourced phone. What began as an effort to engage with the community has ended up a disaster. After apparently ignoring feature requests, just 190 people pledged support.

Ruby slippers at the Smithsonian need a $300,000 upgrade

Seventy-seven years after "The Wizard of Oz" movie was released, Dorothy's famed ruby slippers are in dire need of repairs — about $300,000 worth to be exact.

Kickstarter has created 300,000 jobs, generated billions: study

Philadelphia - A recent study shows the platform Kickstarter has created tens of thousand of jobs and injected over $5 billion into the economy since its inception in 2009.

Op-Ed: Real Estate enters digital age with crowdfunding

Crowdfunding has shown how technology can help investors and operators to raise capital, but its adaptation in real estate could significantly shakeup how investments are made in empty lots, houses, and commercial buildings.

Shoes with screens let you customise what you wear

A trending project on Indiegogo seeks to create the "most adaptable shoes you'll ever own," a pair of sneakers with a flexible display letting you customise their appearance with an app. The shoes can display static images or animations as you walk.

Tiny $30 desktop computer is 'the world's first true Android PC'

The world's first Android-powered desktop computer has achieved over 600 percent of its Kickstarter goal, just a few days into the campaign. The computer fits in the palm of the hand and can be used with any existing monitor, mouse and keyboard.

Muslim crowd-funding working to rebuild black churches

U.S. Muslims and Arab-American organizations have joined together in a fund-raising effort to rebuild the eight churches that recently burned or were partially destroyed by fires in the South.

Bring the sun into your home with the Silk smart lightbulb

A new smart LED lightbulb aims to improve your health, wellness and sleep patterns by providing you with light that is more akin to that of the sun. It slowly shifts from blue to red in the day, allowing your body's circadian rhythm to operate normally.

Kickstarter man spends funds on himself

Legal action has been instigated in the U.S. against a man who used $122,000 raised on Kickstarter for a new game to spend on himself.

PornHub launches crowd-funding campaign to shoot porn in space

Adult entertainment giant, PornHub has created a crowd-funding campaign to shoot the world's first-ever sex film in space. Using Indiegogo, the company plans to raise $3.4 million, with blast off planned for 2016.

Peer to peer lenders 'crowd-fund' your debt

A new wave of websites springing up online look to help savers looking for a good return by matching them with the best individual companies or borrowers in "peer-to-peer" lending, creating a mutually beneficial scenario with interest of up to 6%.

3 of the most innovative technological kickstarter campaigns

Kickstarter is a fantastic resource for raising money for a long list of different creative and technical ideas, and it has produced amazing results for some fundraising hosts.

American Idol winner Ruben Studdard to crowd-fund next album

"American Idol" 2003 winner Ruben Studdard launched a crowd-funding campaign to fund his new Christmas EP and a studio album to be released in 2015.

Meet Redditmade, Reddit's own crowdfunding site

Reddit, the popular, self-described "Front Page of the Internet" has launched Redditmade, a crowdfunding platform for its subreddit users.

The future of staying dry is here: Kickstarter's air umbrella

While umbrellas come in different sizes, colors, and fabrics, the design of the object hasn’t changed in the last century. With the advent of innovative thinking, a Kickstarter project dubbed “Air Umbrella” is ready to make an appearance.

'Let me survive this' says fugitive cop-killer lookalike

Pity James Tully who has the misfortune of resembling Eric Frein, the object of a massive manhunt following the ambush shooting of two police officers six weeks ago, and who lives in Canadensis, Pa., the epicenter of the search.

'Star Citizen' becomes most successful crowdfunding project

Mover over Pebble Watch and the Coolest Cooler, there's a new reigning champion in the arena of crowdfunding. The video game 'Star Citizen' has amassed more than $50 million and is now the most successful crowdfunding project in history.

'Smartest' motorcycle helmet raises over $800,000 in one day

Indiegogo campaigns rarely reach massive levels of funding. However the hi-tech Skully AR-1 motorcycle helmet has broken all expectations and is one of the most popular projects the site has ever seen.

Protonet smashes funding goals and NSA surveillance

The Protonet project promised donators a way to protect themselves from NSA spying and received 750K Euros in a little under one and a half hours. This broke previous world records and sent their funding through the roof.

Zero-calorie chocolate from a new Kickstarter project

A new Kickstarter project promises to give you the flavor of chocolate with none of the calories. Their new approach to sweets for those on a diet is getting some huge news in the press.

Man uses crowdfunding to save pet's penis

Bristol - A Bristol man turns to crowdfunding when his pet tortoise's prolapsed "penis" endangers its own life and is out of his budget to fix.

Canada: Crowdfunding to get regulatory green light

An online revenue stream often used by artists and filmmakers is set to be approved in several Canadian provinces for business startups.

Canada regulators propose rules for crowdfunding of startups

The power of the crowd may soon be harnessed to help fund business startups in Canada, with several provincial securities regulators publishing proposed rules on Thursday that would allow large numbers...

Op-Ed: Intrastate crowd funding

Annapolis - Low access to capital, heavy regulations and burdensome taxes are some of the reasons businesses choose to leave Maryland. The right crowd-funding legislation can change one of those while we work on changing the other two.

Myst creators go to Kickstarter to fund new game

After the game Myst was released in 1993, it became a classic. Now its creators are developing a new game, and they're asking the fans for some help — $1.1 million worth of help.

'Catalonia Calling': New reading for influential world figures

Barcelona - A crowdfunding campaign, supported by Catalonia's President Artur Mas, is giving Catalans a chance to send out a personalized copy of a book explaining why Catalonia should be independent, to an influential person of their choice.

San Mateo County Parks tries crowd-funding to help its budget Special

San Mateo - With budgets cutting back many things people take as granted like parks are in need of funding. One county in the SF Bay Area is looking to crowd-funding as a source of revenue to help with costs and budget set-backs.
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Jordan Raynor is one of the Co-founders of Citizinvestor  a crowd-funding vehicle that has helped ci...
Jordan Raynor is one of the Co-founders of Citizinvestor, a crowd-funding vehicle that has helped civic and public projects like county parks in major cities and suburban areas across the nation.
Courtesy of Jordan Raynor and Citizinvestor
The California Dept of Corporations is asking consumers and investors to be cautious of Crowd-fundin...
The California Dept of Corporations is asking consumers and investors to be cautious of Crowd-funding, especially now as it is not fully regulated.
Untitled
Pixabay / Pexels
Untitled
Courtesy of San Mateo County Parks Foundation
Some investors are enthusiastic about crowdfunding; others  less so
Some investors are enthusiastic about crowdfunding; others, less so
Pixabay / Pexels
Crowdfunding
Crowdfunding
LendingMemo.com/Simon Cunningham
Stock image of wooden counters on a board  which can be likened to the crowdfunding model
Stock image of wooden counters on a board, which can be likened to the crowdfunding model
Tookapic / Pexels
Crowd-funding is one way the San Mateo County Parks Foundation is going to try to meet the rising co...
Crowd-funding is one way the San Mateo County Parks Foundation is going to try to meet the rising costs of park care and maintenance
San Mateo County Parks Foundation
Logo of American Crowdfunding Association
Logo of American Crowdfunding Association

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