How crowdfunding actually works in 2024, and whether you should use it to raise money

Crowdfunding is to financing what Uber is to taxis or what Airbnb is to hotels: Using the wisdom and resources of the crowd to raise money. Usually, crowdfunding brings many smaller investors or donors together to fund a business, startup or personal initiative. The concept is based on the collective effort of a large number … Read more

Ukraine Is Crowdfunding Its Reconstruction

The new fundraising appeal comes amid a certain “tiredness” from donors, as Ukraine’s finance minister put it. Yaroslava Gres, United24’s main coordinator, says overcoming that fatigue is his mission. “We ask ourselves: What will motivate them to keep standing with Ukraine?” he tells WIRED. Gres says he hopes that letting prospective donors see the homes … Read more

EU business crowdfunding is now bound by bloc-wide regulations

All business crowdfunding platforms wishing to operate within the European Union (EU) must now comply with a new EU-wide regulatory framework that brings a uniform set of rules to the bloc. Crowdfunding platforms that had previously been greenlighted to operate had until today to receive authorization under the new rules. Prior to these updated regulations, … Read more

French VC firm Founders Future just acquired an equity crowdfunding platform, Sowefund

Here’s an interesting move. Founders Future, a well-known VC firm in the French tech ecosystem, acquired an equity crowdfunding marketplace called Sowefund. While terms of the deal remain undisclosed, Sowefund has been profitable since 2022 with around 20 employees. Following this move, Founders Future now has two separate yet complementary businesses. With its VC funds, … Read more

BackerKit Will Restrict the Use of AI Art

In a blog post published today, crowdfunding site BackerKit announced it will no longer allow “solely” AI-generated content on its platform. This new policy “aims to address growing concerns regarding ownership of content, ethical sourcing of data, and compensation for the process of creating content.” This policy comes after the widespread critique of Terraforming Mars’ … Read more

AI helps this crowdfunding web site to lift extra with much less

metamorworks/Getty Photos Give.Asia has developed its personal synthetic intelligence (AI) device that’s serving to the crowdfunding platform generate content material for fundraising campaigns.  Dubbed Sidekick, the AI software is used to create infographics, photos, textual content, and short-form movies which can be wanted to run alongside fundraising campaigns. Tailor-made to painting private tales of beneficiaries … Read more

Love That Track? Purchase Shares in It | WIRED

In Might 2006, Stockholm was the unlikely entrance line within the struggle for the way forward for the music business. The town’s police raided Swedish-owned file-sharing website The Pirate Bay and seized its internet servers, quickly shutting down its international enterprise. Throughout city, a younger entrepreneur named Daniel Ek was about to launch Spotify. It … Read more

GPD is crowdfunding an eGPU docking station for the cool new gaming handhelds

GPD is crowdfunding a brand new compact exterior GPU docking station that may each enhance the gaming capabilities of some laptops and handheld gaming PCs, and likewise assist anchor them to a desk for cell staff (by way of Liliputing). The corporate is asking it the G1, and it contains an AMD Radeon RX 7600M … Read more

Newest TTRPG Information, New Releases, Crowdfunding

There’s a variety of nice new releases popping out of huge studios, together with a completely huge Magic: The Gathering set in collaboration with Lord of the Rings, however I’m actually excited for the indie video games which can be beginning to get delivered as Zine Quest rewards. Listed here are extra indie releases so … Read more