![]() Can raise money for charity with GoFundMe.Flexible allows you to receive the money even if you don’t achieve your fundraising goal.Fixed funding requires you to exceed the fundraising goal to receive the raised money.Two types of funding: “fixed” and “flexible.”.Can continue to raise funds beyond your funding goal via their InDemand program.Here’s what you can expect when you use Indiegogo. Every month 19,000 crowdfunding campaigns are launched on its website. Indiegogo launched its platform in 2008 and since then has helped launch over 800,000 projects. Users with a well-formed idea and who want to crowdfund their projects like innovative products, games, books, and music albums. ![]() No charge for creating a project on their platform.5% fee on raised funds + payment processing fees which can vary from country to country but is generally around 3-5%.Review process takes around 3-5 days, so creators must ensure they put their project on Kickstarter 7 days or more before launch.Doesn’t take responsibility for projects delivering on their promises, so backers may get disappointed.Projects may not succeed, despite marketing, due to heavy competition in the market.It’s an all-or-nothing model where creators must meet the funding goal to receive their supporters’ money.Creators can reward their supporters with personalized merchandise or early bird access to their products.Valuable resources and tools like mobile app and project editor, and comprehensive guidelines to create a project. ![]()
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