CrowdFunding Flashcards
How long are kickstarter campaigns normally?
30-40 days
What are the major pro(s) and a con(s) of kickstarter
Pro: most known and internationally available crowdfunding platform
Con:
- All or nothing
- Easily rejected with no explanation
Which kinds of projects have been known to thrive on kickstarter?
Stupid / cult cheesy horror movies
Ouiji shark
Burdemic
Name 3 pros of crowdfunding through indiegogo
Pros
1. Whatever you get, you can keep it
2. No approval process (bad and good)
3. You can be more easily showcased on the front if your page is trending
Name 3 cons of crowdfunding through indiegogo
Cons:
1. mostly tech / products (but can still be used for film)
2. No approval process
3. Bad protection for backers and customer support
How long are indiegogo campaigns?
Whatever you get you keep - so as long as you need them to be
Which crowdfunding is a good ‘middle ground’ between kickstarter and indiegogo?
Seed and Spark
How long are seed and spark campaigns usually?
30-40 days
Name the pros of using seed and spark
Exclusive for film, and if you have success - they can put you in touch with gear platforms and smaller streaming platforms for short films, i.e., opp-prime, indieflix
At seed and spark, how much of the funding goal do you need to reach to keep it?
80%
Which crowdfunding application tends to be the most strict?
Seed and spark (prep min 2 weeks in advance)
Which crowdfunding platform is the youngest?
Seed and spark
Which kinds of perks are best to incentivize backers? Name 3 ideas
Creative non-physical ones
- on-screen credit
- special thank you video
- access to early screening
- feedback from an experienced member of the team (they’ll review your film / give notes / have a meeting, etc)
If they have to be more ‘tangible’, which backer perks are best? Name 2 haut examples
- Send an interesting prop / wardrobe from the film (incl slate)
- you can use existing work from our composer for next 2 years
