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1/ 
What the heck is crowdfunding?
[T H R E A D]
What the heck is crowdfunding?[T H R E A D]
2/ Crowdfunding is using a crowd of people to fund your product/idea.
It's about building a sense of community and then using the community to fund it.
It's about building a sense of community and then using the community to fund it.
3/ Crowdfunding is crowdsourcing.
Crowdfunding is not fundraising, nor is it venture capital or angel investing.
(Nor is it buying)
Crowdfunding is not fundraising, nor is it venture capital or angel investing.
(Nor is it buying)
4/ Equity crowdfunding can be used to avoid venture capital.
Often times, this looks like someone investing X amount of money in exchange for equity.
However, it could also be perk based.
See more here: https://trends.vc/trends-0024-equity-crowdfunding/
Often times, this looks like someone investing X amount of money in exchange for equity.
However, it could also be perk based.
See more here: https://trends.vc/trends-0024-equity-crowdfunding/
5/ Perks are benefits that a "backer" or "contributer" can get.
Perks are popular on platforms like @Indiegogo and @Kickstarter.
Here's the perks for @Oculus
(Before Facebook acquired them)
Perks are popular on platforms like @Indiegogo and @Kickstarter.
Here's the perks for @Oculus
(Before Facebook acquired them)
6/ What kind of projects can you crowdfund?
You can crowdfund a social cause, an app, a video game, an innovative product, a book, or even a startup.
You can crowdfund anything.
136 backers helped make @rrana03_'s book a reality.
You can crowdfund a social cause, an app, a video game, an innovative product, a book, or even a startup.
You can crowdfund anything.
136 backers helped make @rrana03_'s book a reality.
7/ Why should I choose crowdfunding?
I'll answer this question in a bit, but I also like saving people time so:
I'll answer this question in a bit, but I also like saving people time so:
8/ ...and back to your regularly scheduled programming
9/ Why should I choose crowdfunding?
• Reach – Reach people outside your immediate community who share similar interests
• Community – Super powerful, and will get you early adopters and loyal fans
• Reach – Reach people outside your immediate community who share similar interests
• Community – Super powerful, and will get you early adopters and loyal fans
10/ • Validation – It's a great place to get validation and social proof for your idea. (Also VC's watch these platforms) 
• Market Insights – Gather feedback and find valuable marketing insights, more efficiently
• Market Insights – Gather feedback and find valuable marketing insights, more efficiently
11/ Where can I crowdfund?
Popular platforms are @Kickstarter, @Indiegogo, @Pateon, @Wefunder, and more.
Popular platforms are @Kickstarter, @Indiegogo, @Pateon, @Wefunder, and more.
Bruh how did I fail to properly tag @Patreon
