Top Ten Crowdfunding Predictions For 2014

shutterstock_142046731-800x752I saw this article published today on the MedCityNews website and found these predictions to be most astute and would like to share them with my readers:


1. Utilizing Social Graphs – Implementing social graph application programming interfaces (APIs) for crowdfunding platforms will make it easy to see friends of friends who are investing in crowdfunding campaigns due to popular social media networks such as Facebook, Google+, Linkedin, Meetup, Pinterest, Twitter, YouTube and others. Data mining and big data services will become very sophisticated services for the crowdfunding industry. Once these services get started it will be very hard for fraudulent companies to succeed because they will vetted by millions of investors working together to form a policing crowd.

2. Predicting the Success of Crowdfunding Campaigns – Investment professionals will develop crowdfunding campaign evaluation systems that break down campaigns into easy to evaluate modules similar to the way the crowd of fantasy football gurus rate individual players based on their performance. Utilizing a crowd to rate crowdfunding deals by various categories will make it easy and simple for large number of non-investment professionals to vet deals together.

3. Growing an Industry Crowdfunding Service Providers (CSPs) – In order to help 229 million new investors vet deals the crowdfunding industry is going to spawn a tremendous amount of new CSPs that will help novice and accredited investors examine equity investment deals to determine potential success or failure. To date our database includes CSPs that provide white label crowdfunding platforms, payment processing, SEC compliance, digital signatures, legal documents, intellectual property (IP), valuation calculators, investment scoring, due diligence, social trust, business planning, marketing, PR and social media and marketing companies.

4. Rising Stars of Crowdfunding Content – The demand for crowdfunding TV programs will grow exponentially to provide content similar to the Shark Tank, but without the bite. Whereas reality TV shows currently feature drama that bashes unprepared entrepreneurs, the American public will be drawn to programming that educates startups on how to launch successful crowdfunding campaigns, build vertical business-to-business crowdfunding platforms as well as how to vet and invest in Crowdfunding equity investment opportunities.

5.Creating Economic Development Centers – For the past 10 years banks have denied small businesses access to startup capital. In a town of 50,000 families, equity crowdfunding will allow each family to invest up to $2,000 per year into local businesses the community needs and wants. This will create an investment pool of $100 million dollars each year that will not only create lots of jobs, but allow everyone in the community to encourage, steer and participate in the prosperity of the community. Investing locally as a crowd will make it easy to vet and assess cooperative crowdfunding deals for the social good of the community.

 

Read more: http://medcitynews.com/2014/01/top-10-crowdfunding-predictions-2014/#ixzz2pC29y43A

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Crowdtilt Launches Crowdfunding API

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Since launching in February, Y Combinator grad Crowdtilt has been on a mission to become the easiest way for friends and groups of people to raise money for any cause. Last month, the group-funding platform added deeper support for non-profits and charitable fundraising initiatives by enabling users to make tax-deductible donations to 501(c)(3) organizations and receive auto-generated tax-deductible receipts.

The startup has been looking for business development opportunities and ways to increase its reach, both among non-profits and startups. Crowdtilt is today adding another piece to its customer acquisition strategy with the (beta) launch of its API. With its new API in place, Crowdtilt now enables third-party developers and businesses to quickly tap into its group-payment capabilities.

Simply put, the startup’s API will provide an off-the-shelf solution to handle group payments, allowing developers to choose from a handful of popular payment processors, like Stripe, Balanced and Braintree, integrating that technology into their apps and products. The API also provides collaboration tools like comments, updates and messaging, enabling businesses to offer a group payment option during checkout, a pre-sales commerce option, as well as the ability to develop a social, crowdfunding application — either for single projects, like Lockitron, or multi-project models, a la Kickstarter.

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