2,800 crowdsourcing and crowdfunding sites
LOS ANGELES, California – May 8, 2012 - massolution™, a research firm specializing in crowdsourcing and crowdfunding solutions, released its first comprehensive Crowdfunding Industry Report. After collecting data from more than 170 crowdfunding platforms (CFPs) and other sources, the results revealed that CFPs raised almost $1.5 billion and successfully funded more than one million campaigns in 2011 and will raise nearly $3b in 2012. The majority of these campaigns were in the donation-based category totaling 1,067 campaigns, and North America was the largest market for fundraising at $837 million.
It's been a week since Crowdsourcing.org's sister company, massolution™ -- a research firm specializing in crowdsourcing and crowdfunding solutions -- released its first comprehensive Crowdfunding Industry Report. In those past seven days, the report and some of the insights within it have made the rounds in the global business and technology press, including the New York Times and the Washington Post among many others.
Colorado Senator Michael Bennet told a packed conference room at the University of Colorado at Denver on Friday that the crowdfunding provision of the JOBS Act "is going to be incredibly important for Colorado's entrepreneurial community and small businesses."
To help make his case, Bennet cited Crowdsourcing.org's recent Crowdfunding Industry Report that details the billion dollar global crowdfunding industry.
Juan Sebastian Torres, director of Colombian platform La Chèvre, writes in to discuss how crowdfunding can help the region advance. He specifically looks at increasing internet penetration rates, promoting a culture of collaboration, and the legal challenges to online payment systems, which are key to crowdfunding.
We've opened up our 2013 crowdfunding survey only yesterday, and we're looking for your help in compiling the most comprehensive and accurate report on the crowdfunding industry! In return for answering questions about your platform, we're offering several cool perks -- read on to find out what they are.
Our 2013 industry-wide crowdfunding survey opened two weeks ago, and the early responses have been great. With just a week and a half left before it closes, we’re reminding crowdfunding platform operators to complete the survey.
Georg Neumann, a communications specialist at the Multilateral Investment Fund (MIF) of the Interamerican Development Bank, recently previewed a workshop being organized by the MIF and massolution (a Crowdsourcing.org sister company) on the potential of crowdfunding in Latin America. We share it here with the author's permission.
The Inter-American Development Bank recently engaged the research and advisory firm massolution to explore the possibilities of crowdfunding in Latin America. We feature some insights from the resulting workshop.
The 2013 industry-wide crowdfunding survey closed this week. We share the survey's success and when the resulting Crowdfunding Industry Report will be published.
We continue our look at industry-leading research by our sister organization massolution. In this edition, we look at the four underlying models of engaging the crowd, and what makes them possible.
There's just a few more days until the release of our comprehensive report on the state of the global crowdfunding industry.