Real Estate Crowdfunding: Thinking Locally, Acting Globally — With news stories emerging daily about crowdfunding for real estate, more and more individuals in the US and abroad are taking note of the new way of investing their money in property. While real estate investing may seem best suited for local opportunities, a recent deal conducted by the international real estate crowdfunding platform Wealth Migrate, founded in South Africa, demonstrates how crowdfunding can open up real estate investing on a global scale.
To help facilitate the growth of the real estate crowdfunding market, and to provide the most up-to-date and necessary information on real estate crowdfunding, Massolution will soon publish the first substantial report on the subject – 2014CF Crowdfunding for Real Estate. To ensure the information is comprehensive and accurate, we are asking all active or pre-launch real estate crowdfunding platforms to take part in a brief survey.
NASA, the US aeronautics and space agency, recently announced the launch of ‘Solve,’ a dedicated destination for its open innovation challenges. To help promote the launch of the platform, nasa kicked off a ‘Mars Balance Mass Challenge,’ which will run until November 21.
While the sharing economy has its roots in peer-to-peer platforms Craigslist and eBay, the industry really took off in the aftermath of the 2008 financial crisis. Many people were made redundant, which both helped to free up their entrepreneurial juices, and also made them more conscious of their spending. Instead of purchasing new goods, sharing and renting used ones from their peers became a much more appealing proposition.
How to Market Your Campaign to Appeal to Big Brands While crowdfunding is typically viewed as a way to collect small amounts of cash from many individuals, some campaigns may also be suited to backing from companies. Rose Spinelli looks at one such campaign — and offers advice on how to make it successful.
To help facilitate innovation around the industry, the recently-launched platform CrowdFundingPays, UC Irvine’s ANTrepreneur Center, and Blackstone LaunchPad are hosting a crowdfunding hackathon from October 10 to 12 in Irvine, California. The free event, titled FundHack, promises “interesting speakers, prizes, and knowledgeable mentors, who will coach participants through the process of their choice.”
Cori Snedecor, co-founder of recently-launched environmental crowdfunding platform WorthWild.com, writes in to discuss the importance of wooing the Millenial generation when running a crowdfunding campaign.
Massolution recently published the 2013CF Crowdfunding Market: Software and Solutions Report. It is a definitive guide to available crowdfunding software and solutions providers. This report will guide you to the choices for building the platform you want, whether it is for donations, rewards, lending, equity, or royalty; whether it is a new site, an addition to an existing one, or a single campaign; whether you do it yourself or hire a provider.
At Massolution NYC 2013: Crowd Powered Business, the crowdsourcingconference we hosted in midtown Manhattan, we heard from dozens of companies and thought leaders about how the crowd is transforming the business ecosystem for major enterprises. If you couldn’t make it to the conference, check out these presentations to see what you missed!