Mini crash course in European crowdfunding sites

European Union FlagA new impetus has been given to the media and creative sectors due to various crowdfunding platforms. To summarise the model of financing projects over the internet: I have the crowd, you have the funding

The European coffers for promoting creative industries are empty. Newspapers are shutting down, journalists are being dismissed and everywhere you look locations in creative industriesare being cut back to nothing. Free events and downloads have become the norm; financing for innovative projects is rejected or the projects appear meaningless in the free market economy because they are not profitable. Yet instead of declaring the great depression, many young and creative people are increasingly turning to so-called crowdfunding platforms to raise the necessary start-up capital.

The Office

Crowdfunding is used for a variety of projects, whether it is for the innovative, folding bicycle helmet, porn for charitable purposes, a journalistic platform for creative French suburbs; or the album for singer Amanda Palmer.

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