A while ago I mentioned some alternative forms of peer-to-peer financing. Well, I came across a few others lately and am curious if anyone has had experience with them. In contrast to those sites these don’t require repayment but are a mechanism for crowds to donate. The following information just comes from their respective websites-so double check that I read it right before you do anything with them. All of them have some sort of widget you can put on your website of Facebook page.
Kickstarter-Specifically set up to support to creative and artistic endeavors. Each project is reviewed by the team before putting it on the site which is searchable. It is currently run through Amazon’s Payment Services though not affiliated with Amazon. Project organizers offer tiered prizes or gifts for donations. Contributors aren’t charged anything unless the goal is met. It is an all or nothing event. They charge 5% on the funds raised and Amazon takes a little too-so be sure to compensate for that.
Chipin-No review or approval process for the projects or causes. It is run through PayPal and users are charged when they “chip in” and the organizers don’t get the money until they end the chip in event but can keep whatever is collected even if the goal wasn’t reached. No fees besides those charged by PayPal are taken. You can try collecting for up to 365 days
IndieGoGo-This one is open to everyone and everything-no reviews or restrictions. You get to keep everything you raise. They do charge 9% on the funds raised but give you 5% if you reach your goal. You can use PayPal or Amazon Payments.
SellaBand -Focuses on musicians and bands who then get the money when they reach their goals. Another on is called artistShare.
It’s a fun concept that gives hope to anyone willing to dream the impossible dream
