News tagged: CrowdFunding
Popular crowdfunding site Patreon has doubled in size during the past year. It now has 1 million active monthly patrons and 50,000 active creators. Between those users, Patreon will pay out $150 million to creators during the course of 2017. It's become a go-to funding source.
ZTE still wants to crowdsource ideas and come up with new devices with the help of the crowd, but it's not moving forward with its Kickstarter for the Hawkeye. It quickly became clear after the launch of the campaign that people wanted superior specs from the device.
The team behind the Apocalypse Now video game has established a secondary crowdfunding channel that intends to raise $5 million. Game director Montgomery Markland says the title requires a AAA budget to do the film justice and it'll be around 2020 when the game is released.
Launching its CSX crowdsourced "Hawkeye" smartphone as a mid-range model was a mistake, says ZTE executive Jeff Yee. In a post about the situation, Yee responded to the phone only raising $35,000 of its $500,000 goal so far on Kickstarter. Now the company is in a tricky spot.
Crowdfunding has left Star Citizen's team with $141 million in support as of the New Year. It's been raising money since 2012. To begin laying out its road map for the new year, Cloud Imperium Games' Chris Roberts published a "Happy New Year" statement.
Smartwatch market isn't very interesting and many companies have decided not to announce a new watch this year. To improve its platform, Google has now acquired smartwatch OS startup behind the CoWatch. As a result of the acquisition, Cronologics team will join Google.
To keep backers in the loop and potentially reduce complaints, Star Citizen developer Cloud Imperium Games will begin sharing its internal timeline. While the company's target dates are bound to change over time, showing them to the public lets people know where things stand.
Anyone interested in playing the alpha version of Star Citizen can do so for free until the end of the month. By applying the "FALL2016" code to an existing or new account, you'll gain access to the alpha client through October 30. You'll receive the F7C-M Super Hornet.
Samsung's smart belt, called WELT, was unveiled during CES in January and now it has been fully funded on Kickstarter. The device comes from Welt, a small spinoff of Samsung that is being supported by the company. The project has pulled in over $46,000.
Sony is crowdfunding another e-paper wearable for the Japanese market as a follow-up to its FES watch. The new FES Watch U comes with scratch-resistant sapphire glass and a premium version of the device includes a stronger surface coating. It begins at over $400.
Crowdfunding on Kickstarter has led to the creation of over 300,000 full and part-time jobs since the site began in 2009. Research from the University of Pennsylvania shows Kickstarter helped 8,800 entirely new companies and nonprofits get off the ground.
The OvRcharge is a new third-party wireless charging solution that uses magnets to levitate and rotate your phone while its charging. Like with other wireless chargers, you must use a special case and the charging will be slower. It's a neat (but impractical) solution for many.
Amazon has launched a store dedicated to items that were crowdfunded on Kickstarter. Through a partnership with the crowdfunding site, Amazon's 'Made on Kickstarter' store features a selection of over 300 products. You can browse the items by category.
A drone that's capable of finding and detonating land mines has appeared on Kickstarter with a funding target of $77,464 (€70,000). The Mine Kafon Drone (MKD) was developed with the goal of "clearing all land mines around the world in less than 10 years."
Waverly Labs is going to launch an earpiece this autumn that'll enable people to have entire conversations in two different languages. The Pilot is worn by each member of the conversation and it translates in such a way that you can still communicate pretty much in real-time.
The Lazertouch, a mobile projector that can place an Android tablet-like touchscreen on any flat surface, is a new project that's appeared on Indiegogo. It comes with a 13,600 mAh battery and it can function like a tablet using its included OS and connectivity (WiFi, Bluetooth.)
Crowdfunded projects aren't known for being the most reliable investments and if a creator doesn't deliver on their promises, PayPal is no longer going to protect you. The payment service will drop purchase protection for crowdfunding transactions on June 25.
More than $113.5 million has been raised for Star Citizen and with that funding, work on the game is going to "pick up," says Cloud Imperium. The PC space game reached the $100 million mark in December 2015, showing funding is still steadily coming in after 3+ years.
Harmonix's crowdfunding campaign for a PC version of Rock Band 4 was unsuccessful, ending with just half of its required funding amount. It hoped to receive $1.5 million from backers, but it ended up with $792,817 (52.85%), meaning the game will remain exclusive to consoles.
Rock Band fans who want to see Rock Band 4 released on PC better pledge some money to the game's crowdfunding campaign soon. In 15 hours, the campaign will close and Harmonix still needs to raise more than $750,000. The campaign has a goal of $1.5 million.