Crowdsourcing Week (CSW) is the first global week-long conference focused on crowdsourcing, crowdfunding, and open innovation. Singapore saw this first-of-its kind event bring together the brightest minds in crowdsourcing and open innovation including 300 delegates from 23 countries for over 57 talks, panels, and networking events. The conversations and topics ranged from crowdsourcing for marketing and enterprise to open innovation in government and non-profits, to new business models that were founded on the principles of open data and transparency, to how crowd finance is disrupting the startup climate in Asia and the paradigm shift towards innovation and business “unusual”.
A few weeks ago, I wrote about Kickstarter failures that were difficult to find because Kickstarter intentionally prevents failed campaigns from being indexed by the search engines…and how I managed to find (what turned out to be) about 59% of the...
Ken Taggart's insight:
An interesting analysis of historical Kickstarter campaigns; Will Chatty Kidz be an overachiever and exceed our initial goal multiple times? The stats are against us as most successful projects just exceed their initial goal by 3%
According to industry estimates, there are currently over 500 active crowdfunding platforms – some sources have quoted 9,000 registered domain names related to crowdfunding.
Ken Taggart's insight:
There are lots of crowdfunding platforms out there and more popping up daily it seems? I have already been approached to run additional crowd funding campaigns on other platforms - but it is a lot of work to run a successful crodfunding campaign; I'm exhaysted & mine has not yet started!!!!
I want one that lets me define our potential roadmap & for real custoemrs to choose which options they want to fund - as this would give me valuable information as an entrepreneur, to help guide my priorities based on real customer preferences & needs.
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