Category Archives: others

Crowdfunding: The exciting confluence of technologies, social change, money and fun.

“The internet is pointing us in the right direction and crowdfunding, with that digital hallmark of mashing capitalism, communism and cats into one, is certainly getting to places other funding forms are too slow to reach..”

With this charming end to his latest blogpost, Patrick Hussey made me want to think about the recently overwhelming success of crowd funding – people even started to ask, what happens when the formerly funded project is not finished and nobody gets a pay out! (Well then, basically no one get’s a play out, Christ..) For now, let’s just check out why crowd funding is apparently becoming a major pastime activity for the masses and driving amazing success to amazing projects.

Well, 1st of all, the projects are amazing, because you do not hear about the crappy ones: 

More than a third of the started projects raised zero to maximum 20% of the funding goal:

While, as shown in our example, KickStarter allows every legal project, that somehow qualifies as a project and fits in either one of the categories (so Kicksstarter is not limiting creativity while not having to review the projects all at once!) in Germany that’s different: Because it is assumed that the credibility of a platform comes with quota of achieved funding goals, and this credibility is a major criteria for hosting a project and (more important) handing your money over, for example StartNext reviews every project in a very German longterm process before filing them for the crowd. No matter how, by now the Sherpas, Visionbakerys, Razoos (100 million $ today) and FundaGeeks of the world cover dozens of special interests and niches and whether you are a tech-savvy entrepreneur or a food connoisseur, there is a perfect crowdfunding website for you to gather support.

Why is that? Because everyone is tired of huge companies dictating consumers needs? Because out the blue a flash of generosity hit the cloud of creativity? Or is it, that the internet now enables the crowd to get in touch with the things that really matter to them? It my be parts of all this, but

Basically, crowdfunding is this (adopt me and if you can’t, donate for the shelter. It’ll make you a better person)

plus

(be among your kind, give some, if lucky take some having fun in the meantime)

resulting in

The above mentioned confluence of (safe, various, OA) technologies and social change are becoming “nothing less than a financial harness for the digital collective.” This is new and it perfectly meets the online-peoples yet casual desire to innovate, take control and (most dig.nat. of all) have fun doing it. And while harnessing the visible act of contributing and supporting, crowdfunding unharnessed charity from tragedy plus peeled of the institutional sticker  - and it works:

So please stop celebrating the social change, the collaborative community culture, the creativity and the new communism – the projects that work are engaging, useful, presented truthfully by cool people, they tell a story and most of all they are fun to be involved. Sometimes just because of the cool buttons. You may now get very social yourself and set your eMail to the list of our closed beta! It’s collaborative, engaging, useful and FUN!

Stay tuned.

Inspired by P.Hussey in the Guardian.

The Startup’s Point of View

Dear Mr. Giant M. Publisher,
you kindly offered us half a Million Euro for our company. The company we hand-crafted for over three years of hard work and only partly pleasant efforts? The company, you prefer not to do business with but rather swallow the idea, the vision and pretty much everything else we stand for?

Varbak.Com

Take this a No, but thanks for asking.

we’re test running a new German crowdfunding platform and have btw made a short video to introduce the team and our mission

If you speak German you may have a look at the project or even might want to invest a dime. Thanks to the team for stepping up on this idea and thank you Innoestment for helping us host this!

random team shots | Team PaperC@work

any and kitteh

Follow

Get every new post delivered to your Inbox.