If you enter this section by mistake and did not understand about crowdfunding - please read first Part 1
Ok, now we already know the basics of crowdfunding.
which one is the best platform for us?
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| @Image Credit smartermoney.nl |
Find the best site that suit your project campaign criteria
What's next?to make it more easier to understand, let's visit the current crowdfunding website.
There are many crowdfunding website today, there are present only to finance the creative idea, there are present only for the idea of developing a game, there are only for the film industry, there are available only for scientific research, and some are present to cover all the ideas.
Out of all the sites that exist, we will only list 3 sites.
3 sites were selected by looking at the popularity, the number of visitors each month, a good system design, and the age of website.
Here they are:
INDIEGOGO, KICKSTARTER, ROCKETHUB.(Click name to visit website).
So what is the difference between these 3 website?
This will be an interesting topic of discussion.Each site has their respective advantages. starting from Kickstarter and Indiegogo, who competed fiercely seized the number one position crowdfunding website, until Rockethub moving slowly but definitely creeping up.
This is the comparison:
1. KICKSTARTER.
Who can create a campaign?
unfortunately, only for the U.S.
How do we receive the funds?
Using Amazon as a tool of payment. each campaign will receive the funds directly transferred to the bank in the United States, ID, etc. (these terms are ultimately limiting Kickstarter available only for campaigns maker in the U.S.).
Types of fundraising campaigns?
Campaign with Creative projects only.There should be no business purpose, asking for donations of life support, etc.
(every campaign created by us, will be sent to the Kickstarter team for approval before being released to the public).
System of project funding arrangements?
We are required to specify the funds needed to realize our creative projects.We are required to specify the number of days of this campaign is running.
If on the appointed day the funds are not collected according to the target that we put, all funding has been raised earlier will be returned to the contributor.
What about if it receives more funding than we specify?
That's good news for you, because until the time limit we set runs out. All excess funds that enter remain ours.
How to withdraw funds?
The day after our campaign is over, we will receive the funds after the cut of 5% for Kickstarter and 3% -4% for credit card / amazon.
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2. INDIEGOGO
Who could make a campaign?
All the people around the world, unless the state is in the black list.
How do we receive the funds?
Paypal and Wiretransfer
Types of fundraising campaigns?
Campaigns in all types of projects allowed without the review process of indiegogo teams, with limits not do illegal things.
System of project funding arrangements?
We are required to specify the funds needed to realize our creative projects.
We are required to specify the number of days of this campaign is running.
Indiegogo has two types of fundraising:
1. All or Nothing - that is the same as Kickstarter if funds are not collected on target, then all the funds that have been signed will be returned.
2. Keep it All - that we still get the funds, though not reaching the target fund that we set.
What about if it receives more funding than we specify?
That's good news for you, because until the time limit we set runs out. All excess funds that enter remain ours.
How to withdraw funds?
The day after our campaign is over, we will receive the funding cuts adapted to the type of fund that we set.
1. All or Nothing - So we can only accept funds by Paypal - a piece of 4% for Indiegogo.
2. Keep it All - And for all the funds we receive through Paypal, it will be sent to our paypal account, and for all the funds we receive through credit card will be directly transferred to the bank in our country - with a cut of 4% if it reaches the target funds, 9% if not achieving the target for indiegogo, 3% for credit cards.
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3.ROCKETHUB
Who can create a campaign?
All the people around the world.
How do we receive the funds?
Transfer of funds can later be adapted to our wishes will be. Paypal, wiretransfer, to check.
Types of fundraising campaigns?
Campaigns in all types of projects allowed, but must go through the process of review by a rockethub team before released to the public - review time from 30 minutes - 1 hour.
System of project funding arrangements?
We are required to specify the funds needed to realize our creative projects.
We are required to specify the number of days of this campaign is running.
Rockethub has two types of fundraising:
1. All or Nothing - that is the same as Kickstarter and Indiegogo, if funds are not collected on target, then all the funds that have been signed will be returned.
2. Keep it All - that we still get the funds, though not reaching the target fund that we set.
What about if it receives more funding than we specify?
That's good news for you, because until the time limit we set runs out. All excess funds that enter remain ours.
How to withdraw funds?
The day after our campaign is over, we will receive the funding cuts adapted to the type of fund that we set.
Rockethub have a system like Indiegogo funding, it also has a similar cut of 4% if it meets the target and 8% if the fund does not meet the target.
Distribution of funds types can be adjusted to our wishes.
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So now you know the advantages and disadvantages of each, what do we do?
Make it easy, just select one of the sites that best matches your criteria. and start making your project a campaign immediately.Is there any cost or risk to the installation of the campaign?
No, no cost. all free. Costs will only be taken when we received our Distribution of funds such as 4% earlier.The risk is certainly there, with our record would be responsible for all the pledges we have promises a gift given to each funders.
author additional:
We had tried to contact the Indiegogo and Rockethub for some of the details including payment.
Both sites have excellent customer service. Indiegogo will respond within 1 day, Rockethub will respond within 3-5 hours.
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