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Double Fine Raises $950,000 in 24 Hours for Crowdfunded Video Game Project
Crowdfunding

Double Fine Productions, the San Francisco-based video game developer behind Psychonauts and Brütal Legend, today broke a number of crowdfunding records in its wildly successful effort to fund a new point-and-click adventure game.

Using Kickstarter, the game development studio raised $950,000 USD in the 24-hour window following the project posting — well over its initial goal of $400,000. At the outset, Double Fine allotted one month of time to reach that funding goal. At the time of writing, the total amount raised stands at $1,001,988 from 26,000 backers.

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Eric BlattbergFeb 09, 2012 11:37 pm GMT4550 views
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Crowdsourcing your Theatre Production
document Crowdfunding, Distributed Knowledge

Crowdfunding engines like Kickstarter are based on the concept that many small donations can add up to a lot of money. People pledge what they can, and only if the project meets its entire goal...

Archenette EvangelioNov 28, 2010 05:38 pm GMT0 views
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Crowdsourcing your Theatre Production
iPod Nano Watch Project Makes Kickstarter History
document Crowdfunding, Open Innovation

With the help of Kickstarter and all of its project backers, Scott Wilson's product idea, the iPod nano watch kit TikTok+LunaTik, will be made possible. From the day this project was posted on...

Vince CooperDec 21, 2010 07:02 am GMT0 views
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iPod Nano Watch Project Makes Kickstarter History
Photojournalism site Emphas.is wants to leverage the crowd through the romanticism of its craft
document Crowd Creativity, Crowdfunding, Tools

Emphas.is is good because: 1. It is a platform that looks to the crowd to fund photographers’ work in dangerous places around the world. 2. It is not a distribution tool meant to reach media...

Benjamin FosselJan 13, 2011 08:36 am GMT0 views
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Photojournalism site Emphas.is wants to leverage the crowd through the romanticism of its craft
Funding Lessons from a Successful Kickstarter Campaign
document Crowd Creativity, Crowdfunding

There are a lot of iPod Nano projects out there but the LunaTik/TikTok project made it bigger because: 1. The members of the team "told personal stories that created a connection to the...

Luis Enrique MoralesJan 14, 2011 08:39 am GMT0 views
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Funding Lessons from a Successful Kickstarter Campaign
Music Groups Turn to Fans to Underwrite New Works
document Crowd Creativity, Crowdfunding

Music groups have already seen and realized what their fans can do for them. Bay Area flutist Meerenai Shim is an example. She ran out of interesting music to play with her chamber ensemble, and...

Luis Enrique MoralesJan 22, 2011 01:35 am GMT0 views
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Music Groups Turn to Fans to Underwrite New Works
Crowdfunding Investment for Social Enterprises
document Crowdfunding, Distributed Knowledge

Social entrepreneurs begin by applying to the 33needs investment committee, providing information and an introductory video to their project. If they are accepted then they can select a 30 or 60...

Archenette EvangelioJan 22, 2011 08:18 am GMT0 views
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Crowdfunding Investment for Social Enterprises
Crowdsourcing (Code RED Public Relations)
document Crowd Creativity, Crowdfunding, Distributed Knowledge

When you’re ready to increase your chances at success by proposing your project follow these suggestions: 1. Research what site is a good fit. 2. Know what it will cost you in revenue sharing...

Archenette EvangelioJan 31, 2011 03:11 pm GMT0 views
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Crowdsourcing (Code RED Public Relations)
The Crowdfunder – an “adVenture Capitalist”
Crowdfunding, Distributed Knowledge, Tools

Last week’s blogpost “Equity or Debt?” the Next step in Crowdfunding highlighted the three fundamental forms of crowdfunding platforms: 


  1. Crowdfunding as a method for sponsorship with a non-financial return 
  2. Debt-crowdfunding with a financial return (P2P-lending) 
  3. Equity based crowdfunding with a potential financial return and ownership
 
Whether you are a crowdfunder, an adVenture Capitalist, or if you have an initiative or you are an entrepreneur looking to raise money, it’s critical to have a good understanding of the models and the different types of initiatives they can support.

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Korstiaan ZandvlietFeb 04, 2011 03:52 pm GMT0 views
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8 Crowdfunding Websites That Will Help You Raise Funds!
document Crowdfunding

In this article, Matthew presented 8 crowdfunding websites that will help smaller companies and artists get the funding they need. The 8 crowdfunding websites are MicroVentures, IndieGogo, Quirky,...

Luis Enrique MoralesFeb 12, 2011 08:47 am GMT0 views
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8 Crowdfunding Websites That Will Help You Raise Funds!
9 Crowdfunding Websites to Help You Change the World
document Crowdfunding

In thsi article, Paul presents 9 crowdfunding websites to help you change the world and these are: KickStarter, RocketHub, Quirky, Fundbreak, Catwalk Genius, Fans Next Door, IndieGoGo, CoFundos,...

Archenette EvangelioFeb 15, 2011 04:34 pm GMT0 views
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9 Crowdfunding Websites to Help You Change the World
Crowdsourcing Social Enterprise: People-Powered Investment
Crowdfunding, Distributed Knowledge

Through crowdfunding, 33Needs, along with other platforms like KIVA, Funding Circle, and UnLtd, are changing the way social enterprise is funded.

These platforms offer more efficient capital movement than traditional funding sources, and are able to significantly scale the social impact because, according to Josh Tetrick, Founder and CEO of 33Needs, it inherently builds up a community of people that become supporters since it creates a connectedness that is not possible through venture capital and angel investors.  The investor is excited about his or her investment and will work hard to spread the word and raise awareness through social media and their own personal network.

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Cristina CaineFeb 15, 2011 08:50 pm GMT0 views
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Crowdsourcing Helps Area Get Funding, Support for Arts Projects
document Crowd Creativity, Crowdfunding

When Richard Davis wanted enough money to produce a play – and pay his actors – he turned to a website called Kickstarter.com. Within 24 hours, friends and strangers had pledged 100 percent of his...

Tim SatterthwaiteFeb 24, 2011 03:06 pm GMT0 views
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Crowdsourcing Helps Area Get Funding, Support for Arts Projects
Is Crowdfunding Working? Here’s What We Know
document Crowdfunding

The popularity of the likes of Kickstarter and IndieGoGo may suggest room in the space for smaller niche platforms, which may well go on to support many more small creatives - but it’s not yet...

Luis Enrique MoralesMar 04, 2011 05:54 am GMT0 views
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Is Crowdfunding Working? Here’s What We Know
Crowdfunding: How Does The Scene Stack Up?
document Crowdfunding

The following crowdfunding sites were interviewed: KickStarter, IndieGOGO, SellaBand, RocketHub, Ulule, SlicethePie, Pozible, Pledge the Music, Feed the Muse, Artist Share, SonicAngel, and My Major...

Luis Enrique MoralesMar 04, 2011 08:17 am GMT0 views
02
Crowdfunding: How Does The Scene Stack Up?
"Napoleon Dynamite" Star Jon Heder To Produce "Drained"
document Crowd Creativity, Crowdfunding

Jon Heder will draw on his background in animation to serve as producer of this cautionary tale that combines stop-motion animation techniques and a digital background with live actors to tell the...

Fritz SchaeferMar 05, 2011 07:46 am GMT0 views
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Crowdfunding Cuts Out (Most Of) The Middlemen
document Crowd Creativity, Crowdfunding, Distributed Knowledge

The examples we read about on a daily basis about how crowdfunding has impacted and continues to have an impact on creative development continues to grow. In this article we clearly see a problem...

Ruth BaxterMar 05, 2011 06:54 pm GMT0 views
00
Crowdfunding Cuts Out (Most Of) The Middlemen
Crowdfunding as a Business Startup Method
document Crowdfunding, Distributed Knowledge

Crowdfunding has become a business funding alternative that is and will continue to attract many entrepreneurs. This is due to the flexibility that is guarantees and the numerous funding...

Ruth BaxterMar 07, 2011 01:57 pm GMT0 views
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Crowdfunding as a Business Startup Method
Crowdfunding "Below New York" Documentary: An Interview with Director and Editor Matt Finlin
Crowd Creativity, Crowdfunding

For anyone deciding to use crowdfunding to get their projects off the ground, a question ultimately arises: “What will help me fund it successfully?” The debate is on, and we’ve had a chance to talk about it with Matt Finlin. Matt is a young film director who has successfully funded his amazing documentary Below New York on Kickstarter last summer. As Matt himself calls it, Below New York is a “love letter, a personal essay” to New York and its great subway artists.  Matt requested for $3000 to finish the shooting and the production of the documentary and within a little over a month the amount was gathered.

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Pim BetistMar 19, 2011 06:14 am GMT0 views
00
Get With the Crowdsourced Funding
document Crowdfunding, Open Innovation

Not every company that tries crowdsourcing funding is successful. But like the Louisiana court-reporting school inventor, even they see value in the process.

Benjamin FosselMar 24, 2011 11:01 am GMT0 views
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Get With the Crowdsourced Funding
From Friending to Funding
document Crowdfunding

Although crowd funding isn't going to solve everyone's startup finance needs, it's good to see that at least some clever entrepreneurs are taking the golden rule of finance--"He...

Tim SatterthwaiteMar 24, 2011 12:44 pm GMT0 views
00
From Friending to Funding