KICKSTARTER Review

KICKSTARTER Review


Name: KICKSTARTER
Website: www.kickstarter.com
Price: 5% of total amount of funds raised plus an additional 3-5% fee.
Owners: Perry Chen, Yancey Strickler, Charles Adler
Overall Rank: 75 out of 100

KICKSTARTER, Product Overview


This is an American public benefit corporation based in New York, according to Wikipedia. This crowd funding campaign focuses on creativity. So if you have a creative project that you would like to do this site is a good one for you. The creative project designer choses a deadline and a minimum goal. If they don’t collect any money by the deadline then they don’t have to worry about the fee. They collect pledges for all kinds of projects including: music, arts, journalism, comics, video games, films and food related projects.

They offer a tangible reward for the pledge.

Kickstarter started on April 28, 2009.

The Good & the Bad


The Good:

PRO #1 – Lots of project ideas are funded through Kickstarter
PRO #2 – If you get featured on the homepage you have a better chance of getting funded.
PRO #3 – You get something for your donation.
PRO #4 – If you have a creative idea it may work.
PRO #5 – If you don’t get funding, you don’t have to worry about the fees.

The Bad:

CON #1 – if you have a large goal, you are less likely to get the funding you need.
CON #2 – It is not for business ventures or for emergencies.
Con #3 – There are other fees on top of the original 5% fee.

Who is KICKSTARTER For?


Kickstarter is for the creative person who is looking to get their ideas funded.

KICKSTARTER Tools & Training


No tools or training seem to be on this site.

KICKSTARTER Support


The support is the people who send their pledges to the person who needs the funding.

KICKSTARTER Price


Price for Kickstarter starts out as 5% of the total amounts of funds plus 3 to 5% after that.

My Final Opinion of KICKSTARTER


Kickstarter can be good for those who want their crafts to be funded. It could be something that makes a lot of money or no money at all. It would be good to find out if people are interested in what you have to offer before you sell your item online.

KICKSTARTER at a Glance…


Name: KICKSTARTER
Website: www.kickstarter.com
Price: 5% of total amount of funds raised plus an additional 3-5% fee.
Owners: Perry Chen, Yancey Strickler, Charles Adler
Overall Rank: 75 out of 100

VERDICT: LEGIT/NOT LEGIT


Legit – This site has a lot of good reviews and has made a lot of people money. They seem to be one of the better crowd funding sites that I have seen. You also get something for your donation or pledge as they call it.

Your Input


Have you used Kickstarter? What is your opinion of this crowd funding site? Please input your ideas, comments, and other information below.

GO FUND ME Review

GO FUND ME Review


Name: GO FUND MEgofundme
Website: www.gofundme.com
Price: 5% of each donation
Owners: Brad Damphousse and Andrew Ballester
Overall Rank: 20 out of 100

GO FUND ME, Product Overview


Go Fund Me is a crowd funding site. On this site you describe what you want to raise money for. A picture or video is requested for this site. You need to describe your situation, your kid’s situation, or any other situation that you want to raise money for. In a description on the internet it says that it allows users to create their own website to describe what they are raising money for.  However, it is a very small website consisting of only 1 page. gofundme

It has a slogan of “get money get going”. This is from the Wikipedia website.

The Good & the Bad


The Good:

PRO #1 – You get to describe in detail what you need to raise money for.
PRO #2 – You can post it onto Facebook, Twitter, Tsu, or any other social site.
PRO #3 – People can donate as little or as much as you want to donate to the cause.
PRO #4 – It is not incentive-based. gofundme

The Bad:

CON #1 – You need a good source of people who are willing to donate money to your cause.
CON #2 – It takes time to get money for your cause. GoFundMe
CON #3 – It takes time to get good at raising money from GoFundMe
CON #4 – Can become annoying.
CON #5 – If most people you know are just as poor as you or don’t have money to spare you could be waiting a long time if ever to get the money you need.

Who is GO FUND ME For?


Go Fund Me is for anyone asking for donations for either themselves or another person.

Go Fund Me is good for those who have an immediate need to get money such as emergencies, health care issues, projects, or any other social need. Medical bills, a child’s cancer, or education for a student in college or private school are also some good causes that are supported on Go Fund Me. These are just some of the reasons that people use the Go Fund Me crowdfunding campaign. This is not a good site for the business person. crowdfunding

GO FUND ME Tools & Training


The only training on this site is the statements telling you how to make a Go fund me campaign. There is a video under the help section that shows you how to start a campaign. Not really much training. Then again not much help is really needed. The tools are just the outline for your campaign.

GO FUND ME Support


The community consists of people going to the site to give or get money from other people. Not unlike begging online.

GO FUND ME Price


The cost is 5% of all donations given to the cause.

My Final Opinion of GO FUND ME


My opinion is that Go Fund Me could be a good way to get money for college, however, there are many other more reliable sources for college money. Yes, some people have gotten funded with Go Fund Me, but many do not. There are a lot better ways of making money. Unless you had a really compelling story or a good reason for having a GoFundMe account, I would go to a place like Wealthy Affiliate and build a website or some other of the places found on this site.

GO FUND ME at a Glance…


Name: Go Fund Me
Website: www.gofundme.com
Owners: Brad Damphousse and Andrew Ballester
Price: 5% of all donations
Overall Scam Rank: 20 out of 100

VERDICT: LEGIT/NOT LEGIT


This is a legitimate site. However, it is not very profitable. It is a short term type of thing. Not to be used often. If you use it too much it a person could be thinking that you are crying wolf. This is just a site that should be used very rarely.

Your Opinion


What about you? Have you used Go Fund Me for any of your projects?

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INDIEGOGO Review

INDIEGOGO Review


Name: INDIEGOGO
Website: www.indiegogo.com
Price: 5% fee on contributions
Available in: English, German, French, Spanish
Owners: Danae Ringelmann, Slava Rubin, and Eric Schell
Overall Rank: 50 out of 100

INDIEGOGO, Product Overview


This is an international crowdfunding website which was started in 2008 under a different name. It is a site for those who want to solicit for an idea, charity or startup business. This is a site for people who want to get their ideas going. It runs on a reward system. The people donating to this site can receive a gift instead of equity, which some say that could change. The site is looking into having an equity funding in the future. There is a site for emergencies as well. Called Indiegogo Life which was changed to Generosity.com in 2015. In 2012 President Barack Obama partnered with Indiegogo to offer crowdfunding to entrepreneurs in the United States. This site has a lot of people who go to it every year.

The Good & the Bad


The Good:

1. This site helps businesses get up and going.
It helps people to bring their dreams to life.
This site is good for getting money to start your home based business.
2. It does not promote illegal activity, gambling, or any of the other things that violates people’s rights.
3. It is a popular site, so your campaign may get funded.

The Bad:

1. Like any other crowdfunding, you need to have people who are willing to donate to your cause.
A lot of people are asking for money for a lot of businesses. You could be overlooked.
2. No company give-a-ways in the form of perks, money, or other interests in the company as an incentive to have someone give your business money.
3. Why go and ask friends and family for money on a website when you could just go to them and ask them for money.
4. On a website like this they take 5% of what is given. If you know someone is going to be able to give you start up capitol, you could just ask them for it.
5. There are a lot of crowd funding sites out there. People may go to the site you are at or they may not. There is no guarantee of getting money from a crowd funding site.

Who is INDIEGOGO For?


Indiegogo is a crowdfunding site geared towards the business person. If you are going to start your business and need funding, this may be a good site to go to. You cannot advertise or give things out to people who are giving you money. This is strictly a request for money to start your business.

INDIEGOGO Tools & Training


No tools or training on how to get money from this site. You

INDIEGOGO Support


The owners of this site seem to be genuinely interested in helping you to get money. But that is as far as it goes.

INDIEGOGO Price


There is a 5% fee for every contribution to your cause.

My Final Opinion of INDIEGOGO


My opinion on Indiegogo, it is another crowdfunding site.

INDIEGOGO at a Glance…


Name: INDIEGOGO
Website: www.indiegogo.com
Price: 5% fee on contributions
Available in: English, German, French, Spanish Owners: Danae Ringelmann, Slava Rubin, and Eric Schell
Overall Scam Rank: 50 out of 100

VERDICT: LEGIT/NOT LEGIT


I believe this site is legit. However, it is like begging for money to start your business. When there are sites out there that will help you start your business, give you training, and do this for nothing, why would you really need to use a crowdfunding site? This is my opinion.

What is your opinion? Have you used this site? Were you successful?

Smash Fund Review

Smash Fund


Name: SMASH FUND
Website: https://smashfund.com/
Price: $149.00 per month starting in July of 2016. Free before that time.

They have updated the price, however, I have forgotten the price of it.
Owners: Rob Towles
Overall Rank: Cannot give a ranking at this time. It is not fully up and running.
Ever heard of Candy Crush? Well, the maker of Candy crush is the person who started SmashFund.

SMASH FUND, Product Overview


Something that starts in July. It is a site called Smash Fund. How does it work?
Well, it is supposed to be a crowdfunding and social network all balled up in one thing.
When you first get onto the site you are told about it. Give a credit card number (If you are afraid of it being a scam you can always put some random numbers in, it will take it.)
A bad part about this is in July it will cost $149.00 for the site. Rather pricey if I say so myself.
However, the claim is that you can make money on the site. Right now it is free. It is something to think about. It is not a get rich scheme, that is for sure. Not sure if it will make you money or if it won’t. This is a new platform that can go either way. It is a crowdfunding/social network site. I am not sure if Smash Fund is legit or if it is a scam. There is not enough information on it to tell either way.
They have updated their information on the site, so the first thing as you go to the site it does not give you a page where you have to sign up. Now they have a beginning page that gives you a little more information and even a video from the owner, Rob Towles.

The Good & the Bad


The Good:

  • Crowdfunding as a social network. This is good if you want to get money, however, is it really that good of an idea? Or is it just a scam? This is yet to be determined.
  • If this is not a scam, it can go far.
  • It asks for a credit card. Well, right now you can get into the site by just putting some random numbers in for the credit card number. (For purposes of a scam, I would do this. I wonder how many 123456789 numbers they will get right away. This would be interesting to see. )
  • More information is on the site as of June 5th.
  • There is a video and a voice recording on the front page instead of nothing.
  • Gives a bit more information than there used to be
  • Reputable person who invented this site. Rob Towles is also the inventor of Candy Crush. People who play Candy Crush may also like this site. Maybe it will be a Candy Crush website? That is my opinion.

The Bad:

  • The price of this site is expensive. You need to have a crowd connect with you.
  • Not completely up yet.
  • No information as to what it will do for you.
  • You need to get 5 or more people to sign up with you.
  • If you don’t know anyone , or you don’t think people will want to follow you, or you don’t know a lot of people, you could just be wasting your money and time with this site.
  • It is a gamble. At this time, it is a gamble as to how this will work. They are stating that it will be a big hit.
  • Do we believe everything everyone says? Then again, he is the owner of Candy Crush. And see how that took off?
  • No training or tools at this time.

Who is SMASH FUND For?


Right now there is not much on who this website is for. To me, it seems like this site is for everyone who wants money. It looks like a place for people who have a lot of money to throw away at first glance. It has a heading on the about page that it is for the “dreamer who dares to dream, the entrepreneur who eats smashfundobstacles for lunch, and a place where passions, people and life collide.”
I am not sure about eating obstacles for lunch, I would rather food, thank you. Anyway, this site is not fully up and running. So, maybe in the near, we will see what it really is.

Update: Smashfund is up and running. As of July 30, 2016 this site is up.

SMASH FUND Tools & Training


  • Tools: None, at least not right now.
  • Training: None, at least not in the present state.
  • No training at this point in time. Don’t think there is going to be training on how to work the site. But I could be wrong.

SMASH FUND Support


The support offered with the product. Is there a community, forum, personal support, do the owners support it? So far none of this is on the site. There is a little bit of information on the site, however, it still does not give you the full details. Since it is still new, they may not have everything ready yet.

SMASH FUND Price


  • Pricing: Free till July. Then it will be $149.00 per month.
    They lowered the price.

My Final Opinion of SMASH FUND


If you do decide to try this site out, I suggest putting in some random numbers for the credit card information. That way if it is a scam, you will not be charged on your credit card and you don’t have to worry about having to close down your credit card or stopping it with the bank.

My opinion is that it looks too good to be true. And you know what that means? Like the old saying goes, if it is too good to be true, it usually is.

Update: Smashfund is up and running. It is not easy to navigate around, but it is new. So I would think that is to be expected.

SMASH FUND at a Glance…


Name: Smash Fund
Website: https://smashfund.com
Owners: Rob Towles
Price: $ 149.00 after July 2016
Overall Scam Rank: Cannot give a ranking at this time. It is not fully up and running.

I did find some YouTube Videos on it though. See below.

Smashfund is a crowdfunding site. You put your campaign in and post it. I have put a campaign up on the site. But I have not gotten anything yet. I will keep you informed on my progress on this. Hopefully it is not a waste of time. Keep checking back. Let me know if you have any questions.

SMASH FUND Videos



This video this one tells you about SmashFund and crowdfunding. Something I had not heard of till I saw it for the first time a few days ago.

Okay, here is someone who is making money, Doug Graham… $64,000.00 per month? Wow, I could use that! Wonder if they started making that on SmashFund already?


VERDICT: LEGIT/NOT LEGIT


Not sure if it is legit. If it is, it is expensive. Could turn into a great place for social networking. It could grow and be similar to Facebook, only it costs you money.
Not legit – If it is not legit, well scams are everywhere. Waste of money if it is a scam.

Personally, I would go with Wealthy Affiliate and leave the crowdfunding options to other people. Without many “friends” who want to donate money to a campaign, you won’t get any place. Besides, why pay someone money if you can just ask the person yourself and not spend the extra fees to give the person money.

Your Opinion?


I would like your opinion on Smash Fund. What do you think? Scam or not? Right now I am not sure what to think. It looks okay, but then again, I am not sure. I will keep you up to date on my findings of this.

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