Crowdfunding, Web 2.0 with purpose

June 7, 2014 by Dewayne Jackson,
I really enjoy seeing people create crowdfunding projects. If you’re unfamiliar with crowdfunding, websites like Kickstarter, Indiegogo, RocketHub, and GoFundMe provides site members with the opportunity to solicit money from their users to fund all types of projects for artists, authors, movie producers, singers, community activists, and more. Wikipedia has a list of the highest funded crowdfunding projects. Most of these items are movies, tech gadgets and videogames. Entrepreneurs and producers no longer have to depend on bank loans and venture capitalists to get their initiatives started. Web 2.0 driven crowdfunding sites allow creative professional to go directly to the source, their consumer base, to launch projects that probably would have never been funded through traditional means. Indie artists, actors, and producers have taken notice. In recent news, Levar Burton received over 3 million in pledges for Reading Rainbow withing 24 hours. A few months ago, Spike Lee was recently on CNN explaining why established producers had every right to use crowdfunding.

Beyond Likes and Retweets

Crowdfunding goes beyond likes, status updates, and retweets. It’s web 2.0 with a purpose that not only makes a tangible difference to business startups but funding the dreams and aspirations of everyday people and those in need. Mashable shared the news of a$44,000 raised for a homeless man to live in a house for a year.

Successful Campaigns

Below I’ve pulled together some articles and videos on Crowdfunding. After about an hour of reading and watching videos about Crowdfunding, I noticed reoccurring themes for designing your campaign. Getting funding from users who don’t know you involves more than just a project description and photo. Successful campaigns and crowdfundees respect the medium by having a great fundworthy project, providing a video, using traditional marketing and social media activities, using a personal touch, connecting with funders and keeping them updated, most importantly being very honest.

Articles on Crowdfunding

C|Net articles on crowdfunding

Entrepreneur articles on crowdfunding

Father Bob Turns to Crowdfunding to Help Homeless

Forbes articles on crowdfunding

Forbes: Experiment Is Crowdfunding Science Projects, Just Don’t Ask Them To Find Bigfoot

Huffington Post articles on crowdfunding

Scientists Turn to Crowdfunding to Support Research

Solar-roadway backers set crowdfunding record

Videos about Crowdfunding
Crowdfunding – Where Next, How Far, and What Are the Limits?

Tedx- Victoria Westcott: Crowdfunding 101

Watch This Before You Launch A Crowdfunding Campaign
Are you sure that crowdfunding is right for you?


CNNMoneyDorothy's fading red slippers saved by $300000 in crowdfundingCNNMoneyThe ruby red slippers worn by Judy Garland in the beloved 1939 film "The Wizard of Oz" are set to undergo a major conservation effort following a successful crowdfunding campaign. The Smithson [...]

hypebot.comAriel Hyatt On Crowdfunding, New Book [INTERVIEW]hypebot.comArielHyattBookcaseHiRes-1-672x372 In this interview Ariel Hyatt, founder and owner of Cyber PR offers her two cents on crowdfunding and success strategies, delving into personal experience as well as offering takea [...]

AZCentral.comTiny companies lure investors under Arizona crowdfunding lawAZCentral.comWes Harrington is the founder and chief executive officer of NewSleep, a mattress manufacturer. His company has benefited from Arizona's new crowdfunding law, which allows investors to invest mo [...]

newsBTCAirbitz Launches Equity Crowdfunding Campaign To Develop New ...newsBTCAirbitz is looking to raise a minimum of US$100k during this equity crowdfunding campaign. So far, just US$2200 has been pledged.Airbitz to Leverage US JOBS Act to Raise Funding for ExpansionBitcoinist.netal [...]

BloombergCouples Desperate For Children Turn to Crowdfunding FertilityBloombergCrowdfunding has become a popular mechanism for many couples who can't afford the high costs of IVF, or adoption and surrogacy. “It's not an easy thing to share publicly,” says Crystal Barrett, 33 [...]

MarketWatchWhy a crowdfunding site is giving out $10,000 scholarships ...MarketWatchIt's another indication that families are struggling with college costs.and more » [...]

Huffington PostReal Estate Crowdfunding's Pathway of ChangeHuffington Post“Crowdfunding is just the Internet,” stated Attorney Mark Roderick as he opened last month's RealCap Chicago. RealCap is an annual conference that joins crowdfunding leaders and innovators to propel th [...]

Business Wire (press release)BizWireTV Accelerator Report: AltSchool Looks to Reinvent ...Business Wire (press release)On the latest BizWireTV Accelerator Report, AltSchool enters the next phase of its mission: to enable all children to reach their full potential.and more » [...]

Crowdfund InsiderMassive Rule 147 Amendments May Be On The Horizon Impacting ...Crowdfund InsiderAlmost a year ago, the SEC proposed certain amendments to the current Rule 147 which were intended to help foster, and increase the viability of, Intrastat.and more » [...]

Mountain XpressFaces in the crowd: WNC crowdfunding initatives | Mountain XpressMountain XpressEach week, Xpress highlights notable WNC crowdsourcing initiatives that may inspire readers to become new faces in the crowd. This week features a feature ...and more » [...]

CFB Finance

Press Release

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |