Crowdfunding for Software Development
Software development is a very broad area, covering traditional "shrink-wrap" software, web-based applications, open source software, mobile apps, video games, and much more. One common theme across all software development segments is – there's never enough funding for important projects. In today's economic climate of increasingly reduced budgets, many "killer apps" are not getting funded. Crowdfunding represents a brand new funding paradigm enabling you to reach out to the "crowd" and fill the holes in your budget by collecting a large number of small pledges from the people having the most to gain from giving you a helping hand – the end user community itself. It costs you nothing to give crowdfunding a try and get on a path of an on-going source of funding for your software development projects.
FundaGeek is for projects in all areas of software development – traditional "shrink-wrap" software that you purchase and install on your computer or network, web-based applications such as e-commerce websites, open source software like your favorite operating system (Linux) or web server (Apache), mobile apps (check out iTunes!), innovative video games coming from independent developers like you, and much more.
Crowdfunding is an excellent resource for securing much-needed funding for software development projects. As a viable alternative to angel and venture capital investor sources of funding, FundaGeek can help you realize your software development goals without having to give up any equity. A crowdfunded project can engage the end-user public who may benefit from the completion of the project. The power of crowds can deliver real results in helping to achieve your software development goals. An important side benefit of crowdfunding software development is that your public fundraising campaign also raises far-reaching awareness of you and your new software. Crowdfunding is a great PR tool for spreading the word about your software development project.
A software development campaign delivers whatever funding your project attracts by the end of the period since FundaGeek does not follow the "all or nothing" model like other crowdfunding sites.
The type of software development projects appropriate for crowdfunding is very broad and across technical disciplines. Here are some examples:
Success with crowdfunding often translates into how compelling your rewards are. In order to attract pledges in support of your project, potential backers must perceive value in the rewards offered. Here is short list of suggested rewards for software development projects: