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Not all fees have been dropped: those selling items via the ‘Sell Something’ option will still need to pay 2.5 percent, as will those fundraising for causes. And as Beshara mentioned above, those paying with credit cards for Collect campaigns will still need to pay processing fees, though that’s standard across the industry.
In this end-of-week edition of Crowd Coffee: the story of North Carolina's crowdfunding law; Mumbai Film Festival crowdfunding to stay open; an ultra-local twist on the sharing economy in Zurich; Uber enters Seoul; and more.
Eugene Leychenko, founder of CrowdfundingCode.tv, looks at some of the numbers behind the record-breaking Coolest Cooler Kickstarter campaign, which is open to backers until tomorrow. He draws some conclusions and offers three tips to backers who want to replicate the success.
Wrike, a project management software company, recently put together a list of 26 platforms to help users navigate the landscape. It’s not an exhaustive account, but it acts as a good starting point for those who are beginning to explore crowdfunding, and what platforms they should use for their own campaigns.
In this Crowd Coffee: why crowdfunding is the next big investing trend; some silly campaigns find surprise success on Kickstarter; Uber and Lyft fight for drivers; Rebecca Minkoff is asking the crowd to help pick out her next line; and more.