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  6. A Nashville Music Blog &raquo; crowd funding</title>
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  51. <h2><a href="http://latanialovewright.info/?p=80" rel="bookmark" title="Permanent Link: What&#8217;s the Best Crowdfunding Site Online?">
  52. What&#8217;s the Best Crowdfunding Site Online? </a></h2>
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  54. Feb 27, 2011 </span> <span class="category">
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  57. <p>What is crowdfunding? you may wonder, so let me explain. If someone or an organization of some type (it can be a loosly defined group or a corporation) has an idea, but not the money to see it come to fruition, they can go to the global masses to finance their plan. For example, charities are <em>all</em> crowd funded, as are churches. Political campaigns are crowd funded. And crowdfunding has financed independent films, music albums, and many other projects via the different <a href="http://90MinuteCashAdvance.com/crowdfunding" target="_blank">crowdfunding sites</a> online. In this short article, let&#8217;s look at some of them and what they do. </p>
  58. <p>Indiegogo (http://Indiegogo.com)</p>
  59. <p> In the year 2008, one of the most popular crowdfunding sites was born &#8212; Indiegogo. Three partners (Slava Rubin, Danae Ringelmann,and Eric Schell), each interested in a different aspect of the business, got the site up and running. In less than two full years, Indiegogo has had people from 100 different countries participate in 3,500 different projects. The site says that &#8220;&#8230; as long as you have a bank account, you can participate.&#8221;</p>
  60. <p> Like the majority of crowdfunding sites online, Indiegogo is free to add your proejct to, and also like a majority of the sites online, Indiegogo takes a commission from the successful site. At the time of this writing, it&#8217;s a 4% fee, so when you&#8217;re deciding on how much money you need to complete your project, add that amount into your request. </p>
  61. <p>Kickstarter (http://Kickstarter.com)</p>
  62. <p>Kickstarter is a bit different from Indiegogo in one respect: If you put up a project, it must have a deadline, and if you don&#8217;t arrive at your goal, you won&#8217;t get the money that has already been pledeged. For example, if you offer a project with a goal of $5,000, and get only $2,983.45 in donations, the project will have failed and you&#8217;ll get none of the funding promised. The potential backers won&#8217;t be charged for their pledge, either. So, it&#8217;s safer for backers, in a way. </p>
  63. <p>And that&#8217;s a differentiation that Kickstarter makes plain. People who donate to your <a href="http://90MinuteCashAdvance.com/crowdfunding" target="_self">crowdfunding project</a> are not investors. They have no say in how the project goes from the time you get the funding until it is complete. They don&#8217;t get their money back for any reason, and it&#8217;s up to the person who put the crowdfunding project up to carry through on the promises made in return for donations. </p>
  64. <p>On the other hand, your project will run on Kickstarter until the dealine you set for it to be fully funded. If your project is funded early, people can still donate and you&#8217;ll end up with more than you asked for. For example, a recent project for social marketing software asked for a mere $10,000 and came away with $181,535! </p>
  65. <p>International members are permitted on Kickstarter as long as they have an Amazon Payments account. The fee for a successfully funded crowdfuning project on Kickstarted is 5%. </p>
  66. <p>There are also specific crowdfunding sites for people who want to do specific things. SellaBand,com is for musicians, Quirky.com is for inventors, and CreateaFund.com is for people who want to create their own crowdfunding site. </p>
  67. <p>You can participate in crowdfunding on many different levels and you can get funding for just about any project you want to get funded. To learn more about any of the issues involved with crowdfunding and how it works, visit us at <a href="http://90MinuteCashAdvance.com/crowdfunding" target="_self">http://90MinuteCashAdvance.com</a>. </p>
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  69. Tags: <a href="http://latanialovewright.info/?tag=crowd-funding" rel="tag">crowd funding</a>, <a href="http://latanialovewright.info/?tag=crowd-sourcing" rel="tag">crowd sourcing</a>, <a href="http://latanialovewright.info/?tag=crowdfunding" rel="tag">crowdfunding</a> </p>
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  163. <li><a href='http://latanialovewright.info/?p=155' title='A Review of the Steinberg Cubase 5 Midi Software'>A Review of the Steinberg Cubase 5 Midi Software</a></li>
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