I find crowdfunding to be one of the most ethical ways to continue doing the work that we do because the idea is that I want my videos to be free and available to everybody, and that's why I use YouTube and online platforms.
One of the best things about Kickstarter and crowdfunding and the collapse of the music business is a lot of artists like me have been forced to face our own weird mess about ourselves and what we thought it meant to become musicians.
Public crowdfunding still suffers from a tragedy of the commons problem. Everyone will want the benefit of the crowdfunded efforts but is incentivized to sit on the sidelines and hope others chip in.
The JOBS Act will allow entrepreneurs to utilize 'crowdfunding,' which permits them to raise equity capital from a large pool of small investors.
For me, if folks who are watching YouTube can pitch in a bit to help cover the cost for creating this work, that's great, but I don't want folks who can't helped to not have access to it. I really like the crowdfunding model in that regard.
Through crowdfunding anyone can find companies and products.Forming a partnership with innovative British businesses was appealing and the opportunity to go on a journey with these companies as they grow, and hopefully share in their future success, is exciting.
Whether you're raising money for a cause, a personal need, or a project, most crowdfunding sites center on you hitting up people you already know. These sites make it easier to tap your social network for funds, but only the most compelling cases inspire support from strangers.
We've always had a roadmap to feature filmmaking, and making a feature film could have been three or four years away for us. But crowdfunding helped us get there in a year, and it allowed us to take a much bigger step.
Our social fabric is sundered. GoFundMe and the other crowdfunding sites that have proliferated since 2010 are an example of what has sprung up in its place, what I have called America's dystopian social net. That is, we now require private solutions to what are public problems.
I gotta admit, when you've been doing this a long time, going out to the audience and asking for them to help out with crowdfunding, it's a gut check. You never know how that's gonna turn out. Luckily for us, it turned out well.
I don't think crowdfunding is a good idea for journalism in general. Good work should be supported by news organizations, and publishers should pony up money to support investigative reporting. But we're in hard times, so there are upsides and downsides to it.
People know crowdfunding, but they know it as something where one pays money for a cause or for products and so on. This is something where you contribute, but not money.
The interesting part about 'Iron Sky' was crowdfunding. It was financed in a very special new way. Timo Vuorensola is an amazing, concentrated person who was able to make this comedy. When I saw the film for the first time, I liked it very much.
Any competent programmer has an API to cash, payments, escrow, wills, notaries, lotteries, dividends, micropayments, subscriptions, crowdfunding, and more.
Crowdfunding as an idea itself isn't new - bands have been doing it since the dawn of time.
I see very small movies being financed by crowdfunding. If you're a well-known actor or celebrity of some sort, you can probably raise between one and two million. I don't have that kind of cult [following].
I think that crowdfunding has become such a powerful tool to tell stories that might not find financing otherwise - like a dark comedy about infidelity, for example!
Crowdfunding companies like GoFundMe are in themselves not evil. But the fact that we have to rely on them to pay for our basics is.
Traditional consumer banking will come under extreme pressure as its central deposit-taking and lending functions are challenged by online savings vehicles, crowdfunding, and loan syndicating by such nontraditional competitors as insurance companies, pension and hedge funds.
I started a crowdfunding campaign on Sci-Hub to buy additional drives, and soon had my own copy of the database collected by LibGen, around 21 million papers.
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