“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.
Off the Media
As techies anxiously await the news on Amazon’s unnecessarily camera-loaded phone to be released tomorrow, we’re wondering why no one has developed a smartphone that can simply hold a 24-hour charge.
In an effort to combat one of the most devastating first world problems, ChargeAll has started a campaign to fund the “world’s smallest portable power outlet.”
Last week, a friend from elementary school’s house burned down. She lost everything. Since they were renters, none of the stuff in the house was insured. Worse yet, it was the cherry on top of an already heartbreaking week in which her little dog had been killed by another dog.
Due to the marvel of social media and social tools, another friend immediately set up a campaign with the site Give Forward to raise $12,000 for a “Start From Scratch Fund” on my friend’s behalf. Almost immediately, the first $10,000 was raised.
FINsix, the company behind Dart — billed as “the world’s smallest, lightest laptop adapter” — launched a Kickstarter campaign last Monday. Their goal was $200,000, and they raised it in 12 hours.
But while FINsix was launched by recent college graduates from MIT, they aren’t some plucky little company in need — Read More
Facebook’s recent acquisition of Oculus revealed some cracks in Kickstarter’s armor. It highlighted a number of issues arising from the way backers view their contributions and how Kickstarter campaigns sell themselves to backers. Coverage of Oculus’ Kickstarter debacle spanned from misunderstanding the issue completely to focusing on the outrage.
But much of Read More
When a fledgeling Christian video game company called Phoenix Interactive Studios wanted to bring the sacred stories of The Old Testament into our homes, they turned to Kickstarter for help. When that Kickstarter managed to raise less than ten percent of its $100,000 goal, who did they blame?
The powers of Hell, of course.
Virtual reality developer Oculus Rift has been acquired by Facebook, and the company’s original backers from Kickstarter are asking, “where’s my share?”
The once supportive community of backers has lit up with frustration and cries of betrayal. Many of these backers are voicing the same complaint: that they won’t see a refund or a return on their investment.
Sure Why Not
I worked for many years in a corporate environment before starting Albino Dragon. In that time there was a vicious animal that always found its way into projects: scope creep. Let’s look at the what Wikipedia has to say about it first:
Typically, the scope increase consists of either new products or new features of already approved product designs, without corresponding increases in resources, schedule, or budget.
Are you one of those annoying, self-righteous people who hates reading things on screens because you “just love the weight of a book in your hand and the smell of the pages”? If so, we have good news: some people are trying to crowdfund a project to print all of Wikipedia into a 1,000-volume book set.
Look, New York is a tough town. The rent is too damn high, you’ve got to sell a liver to buy groceries and let’s not even discuss the cost of booze. It helps to move here with a little nest egg. And so the latest crop of newcomers has turned to a particularly zeitgeist-y solution: Crowdfunding.
According to AM New York, “young creative types” are turning to sites like GoFundMe, palms out to receive crisp bills in the denomination of your choice: