Quick Answer: What Is Indie Go Go?

How does Indiegogo work?

Our platform gives you freedom and flexibility to customize your campaign as you want: You get to decide on your fundraising target, create perks to reward backers, and set a campaign deadline (up to 60 days). You decide when to make your campaign live – no approvals necessary.

What is the difference between Kickstarter and Indiegogo?

Probably the biggest difference between the two platforms is their approach to money and when you get it. Kickstarter releases funds only after the campaign reaches its funding goal. Indiegogo provides you with an opportunity to choose between receiving funding as it comes in, or waiting to see if you hit your target.

What is an Indiegogo campaign?

Indiegogo /ˌɪndiˈɡoʊɡoʊ/ is an American crowdfunding website founded in 2008 by Danae Ringelmann, Slava Rubin, and Eric Schell. The site is one of the first sites to offer crowd funding. Indiegogo allows people to solicit funds for an idea, charity, or start-up business. Indiegogo charges a 5% fee on contributions.

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What is like Kickstarter?

The 6 Best Alternatives to Kickstarter in 2021

  • Best Overall: FundRazr.
  • Best for Creative Projects: Patreon.
  • Best for Businesses: Wefunder.
  • Best for Going to Market: Indiegogo.
  • Best for No Fundraising Deadline: GoFundMe.
  • Best for Social Causes: Chuffed.

Which is better Indiegogo or GoFundMe?

Depending on how much money you’re looking to raise – and how confident you are in marketing your campaign – GoFundMe is a perfectly adequate option for fundraising your campaign. Indiegogo is a good option if your project doesn’t fall into the specific categories that other crowdfunding sites cater to.

What happens if an Indiegogo project fails?

If your campaign does not meet its goal by its deadline, all your backers will be refunded by Indiegogo within 5-7 business days. Choose fixed funding only if your campaign objective requires a minimum amount of money to be accomplished, and if you cannot fulfill your perks without raising the full goal amount.

What is the most successful crowdfunding site?

The 6 Best Crowdfunding Platforms of 2021

  • Best Overall: Indiegogo.
  • Best for Startups: SeedInvest Technology.
  • Best for Nonprofits: Mightycause.
  • Best for Investing: StartEngine.
  • Best for Individuals: GoFundMe.
  • Best for Creative Professionals: Patreon.

Is Kickstarter real?

Kickstarter is simply a platform, and those responsibilities fall directly on the project creator from beginning to end. Just about anyone can launch a Kickstarter campaign, whether they’re an individual or a business, which is why it’s important to check out exactly who you’re pledging money to.

Do people still use Indiegogo?

Powered by curiosity, the Indiegogo community has helped bring more than 800,000 innovative ideas to life since 2008. Today, our group of backers is more than 9 million strong, representing 235 countries and territories.

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Who can use Indiegogo?

You must be 18 years old. You must be 18 years or older to sign up for an account and use Our Services.

Do you have to pay back crowdfunding?

With donation-based crowdfunding like GoFundMe, you don’t have to pay the funds back at all. Backers donate to your business or cause. (This can be a good option for nonprofit organizations.) Donation levels may include perks or rewards, but that’s not required.

How does GoFundMe make money?

GoFundMe is a crowdfunding platform that simply allows anyone to raise money for social causes. GoFundMe makes money by charging users a fee for every donation they receive. These are called platform and transaction fees.

What is the cheapest crowdfunding platform?

When comparing crowdfunding websites, Bonfire charges the lowest out of all of the ones listed. There aren’t any platform fees. The only fee they ever collect is an 8% processing fee per additional donation (reduced to an incredible 3.5% for verified nonprofits). Fundly has the next lowest platform fee of 4.9%.

What is the minimum amount you can borrow from Kickstarter?

But don’t set $15,000 as your Kickstarter goal, unless $15,000 also happens to be the minimum amount you need to raise to fulfill on your product.

Does crowdfunding still work?

While bank loans and pitching investors are still viable fundraising options, crowdfunding gives you the opportunity to get support from a crowd: a group of individuals who collectively invest in your idea to make it a reality.

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