KickstarterForum.org

Now that it’s 2018, should you launch a crowdfunding campaign?

Should you focus your time and energy doing one this year?

As much as I love working with new entrepreneurs and creative types, crowdfunding isn’t for everyone or every business.

I want to give you rock solid information that you can work off of in terms of the pros and cons of raising money from the crowd.

That’s why I’ve put together a video to address this topic, along with some of the common questions and expectations around online fundraising.

If you’ve been vaguely thinking of launching a Kickstarter or Indiegogo, or you’re wondering if it’s a good idea, the video below will reveal all!

Read the article here: https://www.crowdcrux.com/crowdfunding-good-idea-2018/

Yes, there is no doubt!

The evidence of Kickstarter’s success has helped the business world in learning and understanding how effective and easy it is to raise money through small contributions from a large number of people. Ever since the popularity of crowdfunding continues to skyrocket, many small businesses and start-ups are taking advantage of the various trends that keep emerging from this segment in the recent years.

Crowdfunding will continue its status as a popular funding choice

Earlier crowdfunding was considered a novelty and was rare and exceptional. People preferred more traditional methods such as bank loans, venture capitals and borrowing money from lenders. However, these days announcing your campaign is very common as other options. In fact, last year Forbes reported that crowdfunding is expected to surpass venture capital as favorable means of financing.

Non-profit organizations will benefit more

While businesses in any segments can use the crowdfunding concept, it’s the non-profit segment that will particularly benefit from the growth of this financing method. According to Bill Clerico, CEO and Co-founder of WePay “Charities are seeing a twofold benefit from Crowdfunding”. He added “Firstly it’s proven to be an extremely efficient way to solicit and manage donations compared with other methods. Secondly, the additional social and viral potentials of Crowdfunding campaigns can give smaller charities a cost-effective method to promote awareness of their cause.

Recommended reading, https://www.agriya.com/blog/crowdfundin ... rtunities/

If you have a small project or product, crowdfunding is perfect.

For larger startups and entrepreneurs that plan big, raising capital through Investors or loans still seems like a better solution.

Crowdfunding is extremely potent with video games. Video games in general attract a lot of backers and the rewards from pledges can get so creative.

My opinion an hope is that crowdfunding will get huge in the future, especially with the Cryptocurrency that came into play .

I noticed that there are a lot of board games that are getting funded! Why is that?

Yes, as of right now, video games and board games have a very high success rate with being completely funded.