Do I Have to Use Any Fundraising Sites to Raise the Funds for My Art Project?
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As artists and creatives, innovative ideas and projects are some of the almost precious currency nosotros possess. But for all the ideas in the world, execution of these visions can ofttimes seem daunting. One of the biggest hurdles to overcome is often getting the funding needed to become the project off the ground.
Luckily, raising funds has go more democratic in the past xv years, with the rising of crowdfunding. Showtime used primarily to fund small-scale businesses, artists are increasingly turning to these platforms to make their dream projects a reality. While many people acquaintance crowdfunding with projects like the Flow Hive, high powered artists—even Neil Young—have been using the system to have their ideas to the public.
Equally crowdfunding has evolved, so take the platforms. Time has given ascension to websites catering specifically to creatives, while unlike systems even permit for ongoing payment and support. Information technology merely takes looking at what's right for the specific creative person and state of affairs.
But one time you've settled on a crowdfunding platform, how practice y'all make sure your campaign is successful? Part of this goes into the choice of where y'all'll be doing your fundraising—certain platforms have higher success rates than others—but the rest will get into your ability to successfully market your ideas.
Permit'due south take a wait at some of the best options for making your creative dream a reality and how to set your entrada up for success.
Which crowdfunding platform to use?
Yous should never underestimate how important this decision is. Do you become with ane of the big fish and risk your project getting lost in the stream of ideas? Or do you venture into a niche platform that caters just to your sector, but may not have equally much visibility? Other questions to ask yourself: practice yous desire to risk a "winner takes all" entrada, where you simply receive the money if y'all meet your goal, or would you prefer a platform that lets you collect whatsoever funds received, even if y'all don't encounter your goal?
Here are a few crowdfunding platforms that cater to creatives with big ideas. Each will accept their pros and cons—including the amount of commission and whether or not donations are tax deductible—so be sure to read the fine print when making your final determination.
Kickstarter:Let'southward face it, when most people retrieve of crowdfunding, they think of Kickstarter. It'southward the biggest platform out there and has raised more than $ii.8 billion to date. They take xv different campaign categories, with several options for creatives, meaning you lot are certain to find your niche. The downsides? All campaigns are all-or-null, and so they have to be launched and planned carefully—especially when you consider that a trivial over 60% of Kickstarter campaigns fail to reach their goal. Merely with a piffling marketing know-how, yous can try to get your entrada noticed by the media for a welcome heave.
Indiegogo:If you're looking for more than flexibility, but the backing of a powerhouse platform, Indiegogo may be for you. Y'all are allowed to cull between "all-or-nothing" and "continue what you lot earn" campaigns, making it an attractive alternative for many. With no awarding or approval process, you can too get your idea up and going chop-chop.
Patreon:Looking to create a stream of revenue that can allow you to focus on your creative goals? Patreon may exist for you. The service allows you to collect monthly income from your fan base of operations, who subscribe to different levels of support. Specifically focusing on creators, yous tin also give your patrons with special content or other rewards to brand them experience included in the creative process. Watch Christine Donaldson of Patreon explain how to use the service to monetize your creativity.
GoFundMe:GoFundMe isn't only for personal causes, like medical care or disaster relief. In fact, more and more people are turning to the Creative category for help with everything from publishing photography books to staging theater performances. With no time limit and the ability to keep all the funds raised, this platform tin be the ideal solution depending on your project.
FotoFund:FotoFund is a platform that specifically caters of photographers and is run by the Lucie Foundation. In fact, 4% of funds raised go back into the foundation to run their programs, including artist grants. This is an all-or-nothing platform, so if you don't achieve your goal, you won't get the funds pledged.
Seed&Spark: This crowdfunding site caters to filmmakers, and has raised over $7 million dollars since starting in 2012. Seed&Spark also boasts an impressive 75% success rate in getting their projects funded. And all-time of all, they are also a streaming service, allowing y'all to watch independent films and tv series.
Creative person Share:Founded in 2001, Artist Share boasts of being the internet's first crowdfunding platform. Catering to musicians, funded projects take garnered ten Grammy awards and 29 Grammy nominations.
Source: https://mymodernmet.com/crowdfunding-for-creatives/
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