Kickstart or Kill

This Is the Most Bizarre Crowdfunding Video We’ve Ever Seen

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At Betabeat, we consider ourselves connoisseurs of the Kickstarter horror story. Usually, the strange videos we’ve come across have been poorly made home videos — honest attempts by clueless civilians. Sometimes though, you find that perfect marriage of high production value and complete WTFness.

The crowdfunding video for a productivity app called Wimble looks like Barney Stinton’s video resume meets The Room. In it, a Finnish man wearing all black errthang is chased through an urban dystopia by a swarm of flying clocks before discovering the almighty Wimble. Read More

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There’s a Kickstarter For a Documentary About People Addicted to Kickstarter

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Anyone with Facebook knows what it’s like to be solicited by some annoying friend for a Kickstarter campaign to fund their upcoming album or MFA film thesis. But beware: it turns out that sometimes, that spirit of charity can give way to compulsively giving money to every campaign that needs it.

Backers” is a possibly upcoming documentary about compulsive crowdfunders by Ana Barredo, a filmmaker and production manager. She originally set out to take a look at why people give money to crowdfunding projects in general, but stumbled upon a subset of users who seem unable to stop donating to hundreds of campaigns at a time. Read More

the future is now

RocketSkates, a Roller-Blade With an Engine, Raises Almost $500K on Kickstarter

Rocketskates are motorized and balanced-based — like little Segways for your feet. (Image via Rocketskates)

Every once in a while, someone will share that obnoxiously photoshopped meme of the date in Back To The Future 2 when we’re supposed to have the flying cars and hover-boards. The truth is that our world looks much closer to Marty McFly’s 1985 than it does to the fictional 2015. But every once in a while, we get a small taste of that Jetsons-style future.

A Kickstarter to fund the first batch of motorized roller-skates, called RocketSkates, has gone well beyond their $50,000 goal to raise almost $500,000 — a milestone they’ll surely reach by the time the campaign ends in 7 days. Once the Kickstarter is finished, they’ll go into mass production, and the skates will be shipping “well before Christmas,” a company representative told Betabeat. Read More

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Long-Awaited Kickstarter Canned as Creators Fail to Explain How They’ll Invent Magical Color Scanning Pen

It seems to be working?(Image via Kickstarter)

Word of an up-and-coming campaign for a pen that would scan and instantly reproduce colors excited crowdfunding fans and artists alike earlier this summer.

After numerous delays, the Scribble campaign finally launched earlier this week, only to be pulled by its creators two days later after both backers and Kickstarter began raising questions. After all, it wasn’t clear exactly how the pen was taking colors from objects in the environment and changing the pen’s ink. Read More

The Equity of the Crowds

Projects on Kickstarter Four Times More Likely to Get VC Funding Than Indiegogo Campaigns

(Photo via Espen Sundve)

Crowdfunding began as a cool way for your college roommate to raise money to finally record his first album, but has quickly gone on to be a bigger part of how the tech industry does business.

CB Insights, a research analytics firm that bills itself as the “OkCupid for venture vapitalists,” has released the first study of crowdfunding’s growing role as a serious part of the tech business. The survey took a look at every crowdfunded tech hardware project on either Indiegogo or Kickstarter, which came out to 443 projects. Read More

The Equity of the Crowds

Indiegogo CEO Says New Crowdfunding Laws ‘Will Totally Change the World’

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Quick, who is the first name you think of when someone says crowdfunding? We bet it’s Kickstarter. That name has become synonymous with using the crowd to fund projects that would otherwise never see the light of day. But the truth is, crowdfunding really owes its roots to Indiegogo.

They may not have the same notoriety, but Indiegogo CEO and cofounder Slava Rubin is having a great year. They’ve rebranded the site, raised a $40 million Series B, and as of this morning, launched their new mobile app. Read More

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Man Reveals Mystery Product Behind Genius Blind Crowdfunding Campaign

Mr. Bishop. (Facebook)

The week-long anticipation is finally over. Jordan Bishop, the Toronto man behind the Internet’s first blind crowdfunding campaign, has finally revealed his mystery product: greeting cards.

Mr. Bishop launched the crazy — but also genius — Crowdtilt campaign last Wednesday, wherein he proclaimed, “I’m going to do something I’ve never seen done before: I’m going to sell you my product before I tell you what it is.” Read More

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Crowdfunding For Invisible Product Takes Off, Potato Salad Suddenly Seems Worthwhile

Mr. Bishop: crazy, brilliant, or both? (Facebook)

“I’m going to do something I’ve never seen done before,” Jordan Bishop wrote in a Medium post on Wednesday. “I’m going to sell you my product before I tell you what it is.”

Mr. Bishop is the founder of what he claims is the Internet’s first blind crowdfunding campaign, which launched Wednesday. To clarify, Mr. Bishop is asking the Internet to buy his product without even telling people what, exactly, they’re paying for. Read More