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I have seen a bunch of crowd funding campaigns recently. Sometimes I think they look like a good cause and sometimes it just looks like lazy people trying to get free money. What is your take on crowd funding? What is a good application? When is it abused?
Posted in these groups: 
Charity
Charity
Posted >1 y ago
Responses: 7
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I think it is an awesome idea and it allows more creativity than just relying on what one given industry wants to produce. I have not donated myself, but thats due to me being a scrooge.
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PO2 (Join to see)
A local brewery used it to fund a new canning line and offered rewards based on contribution levels to great success. Best part is its not a loan, so they don't have to pay it back with interest and it allows the customers and interested parties help them bring about new desired products faster.
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TSgt Clarence T Montgomery
Over six hundred platforms out there now. We have been in touch with several Veteran organizations that like the community sharing formular of our platform.
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I've see it used successfully in the game industry a few times, and though there aren't any very solid instances yet, I'm looking forward to finding out how successful some of these games are. It's exciting because It's a way for the gamers to decide what games are made, instead of just hoping the big publishers deliver.
Very exciting stuff for us nerds.
Very exciting stuff for us nerds.
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TSgt Clarence T Montgomery
There are over 500 platforms around the internet, with world wide contribution the potential is unlimited~ I found a great platform that is working for what I want to achieve! CrowdFunding is not a hand out or entitlement, there is work involved, unless you write up a sob story and some media outlet buys into givng you exposure 70% of people with projects never receive any money! One must also understand there are 3 catogories of crowdfunding, equity, reward and donation based!
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