Do You UNDERSTAND crowdfunding?

Do You Know Crowdfunding Can Be Done
By Anyone, For Any
Purpose?

Crowdfunding is fast becoming the number one source for raising funds for literally anything, business or personal.

This Video Explains Different Types Of Crowdfunding

The phenomenon of crowdfunding is older than the term “crowdfunding”. According to wordspy.com, the earliest recorded use of the word was in August 2006…. Source: Wikipedia Crowdfunding can be done by any individual for any purpose…
 
Although not called crowdfunding at the time, one of the earliest projects for crowdfunding, was in the 1880’s for funds needed to build the pedestal for the Statue of Liberty in New York. Over 160,000 men. women and children donated over $100,000 in donations for the cause. The Statue of Liberty still stands on that base.
 
Crowdfunding has become the number one resource individuals and business turn to raise funding for their projects. Crowdfunding has grown into a multi-billion dollar phenomenon in just a couple of decades. The crowdfunding industry is currently over $34 Billion and is on target to become over $300 Billion by 2025.

GoFundMe, Facebook, PayPal, Kickstarter, Indiegogo and hundreds of other companies are crowdfunding platforms widely used to raise funds. However, to benefit, you need a ton of friends, a lot of time and decent business skills. And only one person gets all the money.

 CoopCrowd does crowdfunding right! We do it cooperatively and in Just a few minutes you can have your campaign setup. Invite a few friends and everyone’s campaign can get funded – no skills required!

CoopCrowd is a global Cooperative Crowdfunding System created to help individuals, businesses and charities easily raise funds for any purpose. We are changing the fundraising industry forever by making crowdfunding accessible, rewarding and FUND for everyone worldwide!

When you GIVE a donation we set you up with your own Crowdfunding System to allow you to raise any amount of funds you need for the home of your dreams. When you SHARE your cause with friends and family who donate to your campaign they in turn can RECEIVE Funds for any purpose they want…  It’s A Win, Win, Win For All!

Our CoopCrowd Cooperative Crowdfunding System removes all of the pitfalls of traditional crowdfunnding…


9 Pitfalls of a Traditional Crowdfunding Campaign

Crowdfunding opens up a new world of opportunity to startups and individuals to raise funds for any purpose. Crowdfunding is convenient and has the potential to reach a wider range of investors and donors, but traditional crowdfunding is not easy. It requires much thought and effort. Most of the crowdfunding projects fail due to inadequate planning.

Following are nine reasons as to why traditional crowdfunding campaigns fail:

1. There’s Not Enough Buzz
When it comes to a crowdfunding campaign, you have to hustle to create the buzz around it, convincing others that people are really “hot” on your idea.

2. There’s Not Enough Incentive
No matter what your crowdfunding campaign is focused on, those contributing need some kind of incentive to give their money – product and/or service. They need to know what they will get out of the deal.

3. You’re Not Understanding Your Target Audience
Often companies feel they have a great idea but fail to test it out before creating a crowdfunding campaign.

4. You Have No Proof of Concept
An incredible pitch is crucial for crowdfunding and can make or break landing an investor.

5. You’re Not Showing Your Audience How They’re Connected
Beyond the list of takeaways for certain contribution amounts, most campaigns don’t really connect with their audience of potential investors because they never say what the product or service will do for them.

6. You’re Using Low Quality Video
Make sure your video is shot professionally, edited and polished. Stories are the best way to sell anything and the only way you can effectively do that on crowdfunding campaigns is to have the right video to deliver the message effectively.

7. You Fail to Build Trust
Most crowdfunding projects fail because the campaign doesn’t build enough trust. Be trustworthy in your video, be realistic with your claims, and make a quality campaign page with good images.

8. Your Product Doesn’t Solve a Problem
Let’s start with the No. 1 reason that crowdfunding campaigns succeed – your product solves a problem. If your product doesn’t solve a problem, you likely won’t succeed. 

9. You Set the Wrong Goal Amount
In crowdfunding campaigns, image is everything. If, within the first few days, your campaign is not able to achieve its funding goal, reporters coming to your page won’t write about it because it will appear like a doomed campaign, and backers won’t back you for the same reason.

With our family of cooperative crowdfunding platforms you will not have to deal with any of these pitfalls. Our cooperative crowdfunding systems turn givers into receivers creating a Win, Win for all participants. Choose your platform and get started raising funds today.

Crowdfunding History Crowdfunding has a long history with several roots. Books have been crowdfunded for centuries.
 
War Bonds are theoretically a form of crowdfunding military conflicts. The crowdfunding movement of the 19th and 20th centuries is a broader precursor. It generated collective groups, such as community or interest-based groups, pooling subscribed funds to develop new concepts, products, and means of distribution and production.
 
Statue of Liberty  In 1885, when government sources failed to provide funding to build a monumental base for the Statue of Liberty, a newspaper-led campaign attracted small donations from 160,000 donors.
 
Crowdfunding on the internet first gained popular and mainstream use in the arts and music communities.The first noteworthy instance of online crowdfunding in the music industry was in 1997, when fans underwrote an entire U.S. tour for the British rock band Marillion raising US $60,000 in donations by means of a fan-based Internet campaign.
 
In the film industry, independent writer/director Mark Tapio Kines designed a website in 1997 for his then-unfinished first feature film Foreign Correspondents. By early 1999, he had raised more than US $125,000 on the Internet from at least 25 fans, providing him with the funds to complete his film.
 
In 2002, the  Free Blender campaign was an early software crowdfunding precursor. The campaign aimed for open-sourcing  the Blender 3D computer graphics software by collecting $100,000 from the community while offering additional benefits for donating members.
 
Crowdfunding started to gain mainstream traction with the launch of ArtistShare (2003) As the model matured, more crowdfunding sites started to appear on the web such as Kiva (2005), IndieGoGo (2008), Kickstarter (2009), GoFundMe (2010), Microventures (2010), and YouCaring (2011. President Obama called the Jumpstart Our Business Startups (JOBS) Act A “game-changing” bill moments before singing it into law in April, 2012. The JOBS Act is a bipartisan bill which aims to make it easier for startups to grow, hire employees and contribute to the United States’ sluggish economic recovery. The bill classifies startups as “emerging growth companies” that can turn to online investors to raise much-sought-after startup capital — similar to how websites such as Kick Starter let users raise money for films, books or other projects.
 
Traditional Crowdfunding Campaigns:
 
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Real estate crowdfunding is increasingly attracting investors with its strong yields, potential for outsized returns and reduced volatility, among other potential advantages. This fairly new form of online investing offers a great deal of opportunity, but it also comes with some risks. Charles Clinton, co-founder ..

What’s the Deal With Student Loans and Crowdfunding?

Crowdfunding has been one of the defining features of the modern consumer economy in the 21st Century. A ton of successful ventures, films, inventions, and even charitable causes have been launched thanks to crowdfunding platforms like GoFundMe or Kickstarter – names that you’ve certainly heard …