Template – Tracking your portfolio

I use an Excel template to track all my pledges, both active pledges and cancelled pledges. These are tracker on separate tabs. My tracker includes: viewing the basic details about the project creator tracking the USD amount pledged as well as the actual amount I paid in GBP when is the payment date when is…

Motives of the crowdfunding platform

As a backer, you are caught in the middle of two parties who have their own motives for wanting you to pledge, and increase your pledge to as much as possible. The two parties are: the crowdfunding platform, such as Kickstarter; the project creator. Let’s look at the motives of a crowdfunding platform. The motives…

Crowdfunding? What is crowdfunding?

Crowdfunding is a process for raising money from the general public. It involves collecting small amounts of money from a large group of people to fund a product or business or charity. The crowdfunding process also has its own terminology that you should become familiar with.

Resources for backers

As a fellow backer, I urge you to become familiar with the following resources: Kicktraq is not only for project creators to track their funding goal, but also helps backers to gauge the market, the appetite for the project, and the likelihood of the project being funded. CrowdfundingPR is a website that project creators can…