After ten months beyond the reaches of the mobile connected world in the vast Western Australian wheatbelt, I’ve got speed wobbles on this fast internet connection and I am wondering what has happened in the crowdfunding world since I suddenly and unexpectedly lost contact…
Pozible has gone from strength to strength continually injecting fresh ideas. I could spend the day just getting to know Pozible all over again. Here are just a few of the things happening at Pozible …
- Bankmecu’s ‘You Vote, We Pledge” six month promotion whereby you like Bankmecu’s Facebook page and then vote for a Pozible crowdfunding campaign. The campaign with the most votes wins a $500 pledge from Mecubank.
- Subscription Crowdfunding “You can now offer Subscription-based rewards – where the funds are collected on a regular (weekly, monthly, annually) basis. Each of your rewards can be subscription-based or they can be a combination of subscription-based rewards or one-off standard rewards. For example, you can offer a $5 per month reward alongside a one-off $25 reward.”
- Find out how you can score a free beer from Pozible’s co-founders.
- Read about new ways Pozible will help you to use social media tools Instagram, Twitter and more on your crowdfunding campaign.
- STAND UP, STAND OUT, a one-night only live pitching event on 31 May, The Rocks, Sydney as part of Vivid Ideas 2014. Check out Vivid Ideas 2014. I can recommend the Sydney Opera House light show, Lighting of the Sails.
And there’s more but I will leave some things for you to discover for yourself at Pozible.
Just as Pozible was the first serious kid on the block in Australia, Pledgeme took crowdfunding mainstream in New Zealand. They’ve been involved in Start Up Weekend and always have good down-to-earth advice such as found in this blog post, ‘Why your Mother is the MOST Important Person to Your Crowdfunding Campaign’. More towards the end of this post about the exciting, BIG changes ahead for Pledgeme as a result of new legislation in New Zealand.
The two Australian sports-focused crowdfunding websites, Sportaroo and Team Bus launched around the same time and it is great to see they are both active and running successful crowdfunding campaigns. Fanfuel, a third sports-focused crowdfunding platform has launched more recently. New Zealand has its own sport-focused platform, Sportfunder and now its sister site, Healthfunder has launched. And NZ based platform, Thrill Pledge focuses on sports and entertainment.
I’ve been approached by people wanting me to launch a platform with them and they just think it’s as easy as creating a website and then sitting back to collect 5% of the funds raised on the way through. Launching a crowdfunding platform, growing it and maintaining the momentum takes commitment – perhaps it could be said that launching a successful crowdfunding platform is the ultimate crowdfunding campaign!
Crowdfunding platforms that have decided not to launch as planned or have fallen by the way in Australia and New Zealand in the past year or so are testament to that … Project Powerup, Social Backing, Fillim hasn’t launched their funding arm as yet but it’s worth a visit to check out the films for viewing and Fundnz just disappeared.
Chip in has raised $40,984 so far for Australia’s not-for-profits. Chuffed is supported by The Telstra Foundation in Australia to provide a fee-free crowdfunding platform for charities and not-for-profit campaigns. The Telecom Foundation supports New Zealand Crowdfunding website, Give a Little in the same way.
Village Raised “Online fundraising for schools. It takes a village to raise a child; and a cyber village to raise many.” is a new crowdfunding website out of Sydney.
The Arts Foundation of NZ “established Boosted to build a new generation of art donors.” Some other niche crowdfunding platforms are Publishizer which is a pre-order platform for books and Stage Label for emerging fashion designers where “Designers post their new concepts and if you love the design you can pledge money to help fund the new piece.” “They set a target number of designs they need to sell before it is viable for them to produce the design and a maximum number of sales to ensure uniqueness.”
Two of the biggest US crowdfunding platforms, Kickstarter and Indiegogo have hit the Australian crowdfunding scene. Australians ran successful crowdfunding campaigns on these two platforms before they came to Australia but previously it was difficult for non-US residents to launch a Kickstarter campaign.
And possibly the biggest news from New Zealand is regarding the FUNDS 4 EQUITY and FUNDS 4 DEBT crowdfunding models both of which are now possible under the new Financial Markets Conduct Bill which came into effect on 1 April this year. Did you know the new financial year in New Zealand starts on April Fool’s Day?!
Pledgeme has announced their intention of entering the FUNDS 4 EQUITY scene with a serious piece from the Otago Daily Times and a lighter approach from Anna Guenther, Pledge Me co-founder’s, blog post. Snowball Effect looks set to launch into the FUNDS 4 EQUITY too. ASSOB has been operating in Australia for some time for investors with larger sums of money.
Lend it has been in the peer-to-peer lending scene for a while and will be interesting to follow now the new legislation has come into effect. Society One in Australia has also been involved in peer-to-peer lending for a while.
Micro financier, Good Return is Australian based and operates like the well-known international microfinance platform, Kiva. “Good Return combines microfinance and education to help the poor in the Asia Pacific change their own lives forever.”
That’s my round up of the crowdfunding platforms in Australia and New Zealand. If you know of any others or are about to launch, let me know so we can get the word out there.
Enjoy your weekend. It’s nice to be back in the connected world.