Top 9 Best Crowdfunding Platforms

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  1. Kickstarter is nearly associated with crowdfunding as one of the most popular sites for creative projects to get finance. Since its inception in 2009, the Kickstarter community has contributed $5.9 billion for over 200,000 projects, including actual items, movies, games, and more.


    Kickstarter is a crowd-funding platform that works on the basis of rewards. Backers are rewarded for their contributions with t-shirts, shoutouts, and unique pre-order discounts. You may also give multiple reward tiers. The better the benefits a supporter unlocks, the more money they commit.


    Kickstarter projects are all-or-nothing, which means you'll only get your money (and have to pay Kickstarter's fees) if you reach your first fundraising target. If you fall short, your funders keep all of your money.

    As a result, Kickstarter projects tend to be high-quality and unique—often inventive or original enough to attract early adopters and make headlines in the press. Because they don't have to pay anything until the campaign succeeds, backers tend to see of these initiatives as more trustworthy.

    In this conversation with Rockwell Razors, you can learn more about creating a successful Kickstarter campaign. Also, if you're considering switching from a Kickstarter campaign to a Shopify store, make sure to read our tutorial.


    Fees: 5% if you meet your goal, plus payment transaction fees between 3% and 5% (US).

    Photo: techinasia.com
    Photo: techinasia.com

  2. Indiegogo is a well-known crowdfunding portal that helps companies, artists, and charity organizations. While it may appear to be comparable to Kickstarter at first look, it has its own set of tools and campaign possibilities.


    The most notable distinction is the opportunity to choose a fixed funding target for your campaign (all or nothing, like Kickstarter) or a flexible funding goal. You get your cash regardless of whether you meet your target by the deadline with flexible financing goals.


    When you're introducing a new product line for an existing firm, the flexible financing option is extremely handy since you can keep your promise to backers even if you don't collect enough money.


    Furthermore, Indiegogo InDemand allows you to continue gathering funds even after your crowdfunding campaign has ended, whether you're in the middle of manufacturing or preparing to ship orders.

    Whether you conduct your campaign on Indiegogo or another crowdfunding site, InDemand is available to you. After the success of its Kickstarter campaign, BodyBoss moved to Indiegogo InDemand.

    Startups in the United States could check into Indiegogo's equity crowdfunding program, which allows you to submit your campaign for consideration by venture capital companies willing to invest in your company.


    Fees: 5% if you meet your goal (not including payment processing fees).

    Photo: en.wikipedia.org
    Photo: en.wikipedia.org
  3. Patreon is one of the most distinctive sites on our list, focusing on the next generation of artists, such as bloggers, YouTubers, podcasters, cartoonists, musicians, live streamers, and others.


    Patreon was created for creators and internet personalities with loyal audiences to generate recurring revenue through paid memberships. While many of the top crowdfunding sites support limited-run campaigns, Patreon was created for creators and internet personalities with loyal audiences to generate recurring revenue through paid memberships. Patrons can pay each month for exclusive community benefits, or per work to encourage you to produce more.


    Exclusive material, branded gear, sneak peaks, shoutouts, and more are all available to Patreon contributors depending on different donation tiers. It can be worth setting up a Patreon profile if you're a creative who releases new content on a regular basis and has a large online following.


    You may use Patreon's numerous integrations to develop a community of loyal fans and provide special content that unlocks based on the patron's membership status.

    In this interview with Wait But Why, you can learn more about using Patreon to monetize your audience.


    Fees: Between 5% and 12% of your monthly income, depending on your Patreon pricing plan.

    Photo: meta.vn/hotro
    Photo: meta.vn/hotro
  4. The Crowdfunder app for Shopify is a wonderful match if you currently have a Shopify business and want to crowdfund a new product through your own website.


    You may use this program to turn your product page into a crowdfunding page, complete with a progress bar and a goal depending on the number of things ordered or the amount of money received.


    It allows for crowdfunding in its most basic form: taking pre-orders from individuals as a method to verify a concept while also supporting production. Plus, instead of paying commissions to third-party platforms, you may pay a monthly cost that is more predictable.


    It may be used to test new product concepts, generate funds for a good cause, or launch limited-edition items.


    Fees: $24/month (not including your Shopify subscription).

    Photo: prweek.com
    Photo: prweek.com
  5. GoFundMe is a free crowdfunding tool designed to help people and organizations.

    Because GoFundMe is geared toward personal causes, and anybody may start a campaign, backers tend to support projects that originate from their own personal networks and groups, or issues they're acquainted with.

    Like the other sites on this list, GoFundMe isn't built for commercial crowdfunding projects. If you're a small company owner who has hit a rough patch or need to collect funds to overcome a personal difficulty, you may use this platform to tap into your personal network for help.


    Fees: Free for personal and charity campaigns started in US dollars. 2.9% transaction for debit and credit card charges, plus $0.30 per donation.

    Photo:people.com
    Photo:people.com
  6. Fundable, which is part of the Entrepreneurs.co platform, is one of the major crowdfunding platforms, allowing startups (now only registered in the United States) to provide prizes or shares in exchange for investment.

    According to the company's website, firms that give prizes earn less money overall (under $50,000) but attract more supporters, and startups that offer equity raise more money from fewer investors.

    To succeed with equity fundraising, you'll need all of the characteristics that accredited investors look for, including a track record of growth, a good business strategy, and, if possible, a pitch deck.


    Fees: $179 per month during active campaigns instead of a percentage of total funds raised (not including payment processing fees).

    Photo: crowdfunding.guide
    Photo: crowdfunding.guide
  7. Crowdcube is an equity crowdfunding platform located in the United Kingdom. It has a modest number of campaigns, but enterprises that are accepted and meet their fundraising objectives on the site may join Crowdcube's Funded Club, which gives them access to exclusive advantages from their partner organizations.

    You may use Crowdcube's established community or advertise your proposal to request investors from your network.


    Fees: 7% of funds raised if you meet your goal, and a 0.75% to 1.25% completion fee. Payment processing fees vary.

    Photo: financemagnates.com
    Photo: financemagnates.com
  8. Mightycause has been a part of the crowdfunding scene since the beginning. While Kickstarter and Indiegogo receive all the attention, campaigners on Mightycause have raised over $600 million since 2006.


    Mightycause has a user-friendly platform that allows regular individuals to meet their fundraising goals. In a matter of minutes, you can set up a fundraising page and begin collecting donations from friends, family, communities, and individuals in your social media network.


    You are not required to accomplish any goals in order to use the site. So, even if your fundraiser falls short of its fundraising target, you get to retain the money you generate. There are no platform fees, and you don't have to wait for authorization to begin your campaign.


    Fees: $59/month, not including payment processing fees.

    Photo: .youtube.com
    Photo: .youtube.com
  9. SeedInvest is a platform for equity crowdfunding, in which backers are investors rather than supporters. This implies that when investors purchase into your firm, they become part-owners. SeedInvest was the first crowdfunding platform to allow ordinary individuals who are not accredited investors to participate in startups on its platform.

    SeedInvest has helped over 235 firms obtain funding since its beginning in 2012, and has amassed a network of over 500,000 investors. The majority of the platform's successful campaigns are in the IT and ecommerce industries.

    You'll need to create an account with SeedInvest if you wish to raise money. This entails completing an application and a screening procedure so that the platform may do its due diligence. If you are accepted, you may create a profile on SeedInvest and begin fundraising.


    Fees: Includes a 7.5% placement fee and 5% convertible note or equity fee, based on how much you raise on the platform.

    Photo: businessinsider.com
    Photo: businessinsider.com




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