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?


This RSS feed URL is deprecated, please update. New URLs can be found in the footers at [...]

Crowdfunding For French CastlesNPRYou too can own a French chateau, in part, anyway. Romain Delaume, CEO of Dartagnans, tells NPR's Scott Simon about a crowdfunding effort underway to preserve La Mothe-Chandeniers. SCOTT SIMON, HOST: What if I told you that for about $60, you cou [...]

ForbesCrowdfunding Do's And Dont's From iFundWomen's Karen CahnForbesDuring our conversation, she was transparent in sharing that her first software company, VProud, failed because she “did everything backwards” and spent too much time trying to perfect the product. “Pe [...]

VentureBeat10 reasons the $1 million crowdfunding cap should be $20 millionVentureBeatIt's been18 months since the final rule of the JOBS Act went into effect, allowing equity crowdfunding. In those 18 months, everything proponents of the rule said would happen (and none of what [...]

Small Business TrendsButcher Shop Startup Discovers Crowdfunding Magic Via IntuitSmall Business TrendsWhat startup entrepreneur hasn't dreamed of borrowing Cinderella's fairy godmother or Aladdin's genie to make their every wish come true? While they weren't necess [...]

The IndependentFrench Chateau bought by 10000 people through crowdfunding schemeThe IndependentIn countries where castles aren't snapped up by The National Trust and immediately furnished with a tearoom and gift shop, other ways must be found to preserve historical buildings. The [...]

Crowdfunding sites help Boulder County residents raise money to pay for treatmentsBoulder Daily CameraHer health insurance, once she reached the $2,000 deductible, covered most of the chemotherapy, but she has been receiving extra treatment at the Helios clinic in Boulder and is parti [...]

CurbedReal estate crowdfunding expands into more niche marketsCurbedTo those unfamiliar with real estate crowdfunding, the Fair-Haired Dumbbell development in Portland may be just the kind of wacky, esoteric project one envisions when imagining what happens when strangers pool funds o [...]

The Union LeaderSCORE Q&A: Creative ways to find fundingThe Union LeaderQuestion: I have invented a product that assists in training young ballplayers to hit a baseball. I lack the financial resources to develop and market the product, so I've been thinking about launching a [...] on equity crowdfunding government failed to pass amendments to the equity crowdfunding regime before the end of the year, meaning private companies won't be able to access the funding method until August next yea [...]

CFB Finance


  • Crowdfunding
  • Crowdfund
  • Peer to Peer Lending
  • FinTech
  • Reg A+
  • Reg CF
  • Crowdfunding USA

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 |