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CROWD
FUNDING
– finance your project by
engaging your fans




Martin Thörnkvist, @thornkvist

                                 By:larm, Oslo. 18 February 2011
Members
2BalanceU                       Get Real AB                      Moving Stonecat                Sparr o Co
AB Audiola                      Good Old                         N3P Entreprenörsskola          Stagevision Oresund AB
Agnes film & television AB       Gäddans Produktioner             Nationalencyklopedin           Stratiteq
Anagram Produktion AB           Hawk Video & Film/Ace Filmshop   Navigator Communication AB     Studio III
Anja Schmidt Film och Teater    Helsingborg stad                 Neon/Hunstad                   Studio 1982
Aspekta Propeople               High Graphics                    NetPort.Karlshamn              Superlativo
Attraction Film of Sweden AB    Hyper Island                     Noisy Cricket                  Svenska Aller AB
Audio supreme Öresund           ID Kommunikation AB              Nordic game resources AB       Svenska Webbredaktörerna
Avalon Enterprise AB            Inspicient & Reklamtjänster AB   Oddlife Productions            Sveriges Yrkeshögskola
Awnic                           Istudios HB                      Ozma Speldesign                Sydsvenska dagbladet
Bardå Filmproduktion AB         KAN Malmö                        Paxvision                      Tarsier Studios
BoostHbg                        King Edward Filmproduktion       Pendit                         TeWee art & film production
Blekinge tekniska högskola      Kostr film                        Pixel touch media              TAT – The astonishing tribe
Bredband2                       Kreativum                        Planeto                        This Zentury Ab
Cybercom                        Kulturmejeriet                   Polar Rose                     Tibet Server AB
Colibri Television AB           Lejoni Produktion                Ponnert Film & Media           TicTac Interactive
Dana film & produktion           Lennandia                        PS Communication Malmö AB      Trossfilm
Digifex                         Le Petit Garcon                  R.R. Media                     U-film
Doc Lounge                      Limestone Filmproduktion AB      Reaktor sydost                 Ubisoft Entertainment Sweden
Do-Fi                           MacMeckarna AB                   Redikod AB                     Upside Studios AB
EC                              Malmö högskola                   Redloop                        UpSweden
Eight                           Malmö stad                       Region Blekinge                Ustwo
Eksploria                       Malmö symfoniorkester            Region Skåne                   Vitamin SE Media AB
El Alamo Produktioner           Manuslabbet                      Scanditoy AB                   Wallen Media AB
Eurocast Television AB          Mashmobile                       Scandvision Communication AB   Wannaplay
Extransit                       Midvinterfilm                     Scen3                          Way group europé
Film i Skåne                    Mindpark                         Sisyphus Films/ Pedram Dahl    Xenofilia AB
Filmcentrum Syd                 MINT                             Skurups Folkhögskola           YouUsandThem
First Flight Communication AB   Misprinted                       Smartfilm AB                    Ystads kommun
Folkets Bio Malmö               Mobill Scandinavia               Songs I Wish I had Written     ÖsterCity Service
Fuente Interactive Lab AB       mm3 Mobile Channel AB            Sonic Branding
Media industries

Business models


   Social media


 Crowdsourcing


  Visualization


        Mobile


   Gamification
Agenda
What is crowdfunding?
Why should we care?
Advice on how to do it
Good examples
Definition
 Crowdsourcing
”model for
   distributed
problem solving”
    Crowdsourcing
”model for
   distributed
problem solving”
        Crowdsourcing

creation, voting, wisdom, funding
”cooperation by a
group of people to
montery support a
    project”
     Crowdfunding
Why?
Part of your business model
Jill Sobule
$100 - Copper Level:
  T-shirt saying you're a
junior executive producer
      on the album.
$500 - Gold Level:
 This is where it gets good!
At the end of my CD, I'll do a
   fun instrumental track
  where I'll mention your
            name
$10 000 - Weapons-
Grade Plutonium Level:
You get to come and sing on my
  CD. Don't worry if you can't
  sing - we can fix that on our
              end.
89 000 dollar
   53 days
 638 people
Platforms
to launch your project
   1. How much money
    2. How many days
 3. What the rewards are
      4. A selling text
Platforms
to launch your project
kickstarter.com
   to launch your project
      1. How much money
       2. How many days
    3. What the rewards are
         4. A selling text
fundedbyme.com
   to launch your project
      1. How much money
       2. How many days
    3. What the rewards are
         4. A selling text
8 advice
for a successful crowdfunding project
Good idea
  As always
Emphasize yourself
     People like people
Tell your story
Create bond and understanding
Spend time on a video
    Straight to people’s heart
Specify
Make your world easy to understand
Creative rewards
  ”(no art critics please)”
Don’t leave any
money on the table
     $100 adds most
Create a
modular story
  30 % = tipping point
Don’t forget to
spread the word
15% on Kickstarter doesn’t earn a dollar

            1. Recruit ambassadors
                2. Plant your idea
       3. Bloggers are your best friends
       4. Spread to thousand networkds
Any interest?
     The numbers

  3900 successful projects
      386 373 pledges
     27,638,318 dollars
=
     Summary
   Not just selling
 Create engagemang
Be creative all the way
Thanks.
martin@mediaevolution.se
 www.mediaevolution.se
      @thornkvist

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How to crowdfund your project

  • 1. CROWD FUNDING – finance your project by engaging your fans Martin Thörnkvist, @thornkvist By:larm, Oslo. 18 February 2011
  • 2.
  • 3.
  • 4. Members 2BalanceU Get Real AB Moving Stonecat Sparr o Co AB Audiola Good Old N3P Entreprenörsskola Stagevision Oresund AB Agnes film & television AB Gäddans Produktioner Nationalencyklopedin Stratiteq Anagram Produktion AB Hawk Video & Film/Ace Filmshop Navigator Communication AB Studio III Anja Schmidt Film och Teater Helsingborg stad Neon/Hunstad Studio 1982 Aspekta Propeople High Graphics NetPort.Karlshamn Superlativo Attraction Film of Sweden AB Hyper Island Noisy Cricket Svenska Aller AB Audio supreme Öresund ID Kommunikation AB Nordic game resources AB Svenska Webbredaktörerna Avalon Enterprise AB Inspicient & Reklamtjänster AB Oddlife Productions Sveriges Yrkeshögskola Awnic Istudios HB Ozma Speldesign Sydsvenska dagbladet Bardå Filmproduktion AB KAN Malmö Paxvision Tarsier Studios BoostHbg King Edward Filmproduktion Pendit TeWee art & film production Blekinge tekniska högskola Kostr film Pixel touch media TAT – The astonishing tribe Bredband2 Kreativum Planeto This Zentury Ab Cybercom Kulturmejeriet Polar Rose Tibet Server AB Colibri Television AB Lejoni Produktion Ponnert Film & Media TicTac Interactive Dana film & produktion Lennandia PS Communication Malmö AB Trossfilm Digifex Le Petit Garcon R.R. Media U-film Doc Lounge Limestone Filmproduktion AB Reaktor sydost Ubisoft Entertainment Sweden Do-Fi MacMeckarna AB Redikod AB Upside Studios AB EC Malmö högskola Redloop UpSweden Eight Malmö stad Region Blekinge Ustwo Eksploria Malmö symfoniorkester Region Skåne Vitamin SE Media AB El Alamo Produktioner Manuslabbet Scanditoy AB Wallen Media AB Eurocast Television AB Mashmobile Scandvision Communication AB Wannaplay Extransit Midvinterfilm Scen3 Way group europé Film i Skåne Mindpark Sisyphus Films/ Pedram Dahl Xenofilia AB Filmcentrum Syd MINT Skurups Folkhögskola YouUsandThem First Flight Communication AB Misprinted Smartfilm AB Ystads kommun Folkets Bio Malmö Mobill Scandinavia Songs I Wish I had Written ÖsterCity Service Fuente Interactive Lab AB mm3 Mobile Channel AB Sonic Branding
  • 5. Media industries Business models Social media Crowdsourcing Visualization Mobile Gamification
  • 6. Agenda What is crowdfunding? Why should we care? Advice on how to do it Good examples
  • 8. ”model for distributed problem solving” Crowdsourcing
  • 9. ”model for distributed problem solving” Crowdsourcing creation, voting, wisdom, funding
  • 10. ”cooperation by a group of people to montery support a project” Crowdfunding
  • 11. Why? Part of your business model
  • 13. $100 - Copper Level: T-shirt saying you're a junior executive producer on the album.
  • 14. $500 - Gold Level: This is where it gets good! At the end of my CD, I'll do a fun instrumental track where I'll mention your name
  • 15. $10 000 - Weapons- Grade Plutonium Level: You get to come and sing on my CD. Don't worry if you can't sing - we can fix that on our end.
  • 16. 89 000 dollar 53 days 638 people
  • 17.
  • 18. Platforms to launch your project 1. How much money 2. How many days 3. What the rewards are 4. A selling text
  • 20. kickstarter.com to launch your project 1. How much money 2. How many days 3. What the rewards are 4. A selling text
  • 21. fundedbyme.com to launch your project 1. How much money 2. How many days 3. What the rewards are 4. A selling text
  • 22.
  • 23. 8 advice for a successful crowdfunding project
  • 24. Good idea As always
  • 25. Emphasize yourself People like people
  • 26. Tell your story Create bond and understanding
  • 27. Spend time on a video Straight to people’s heart
  • 28. Specify Make your world easy to understand
  • 29. Creative rewards ”(no art critics please)”
  • 30. Don’t leave any money on the table $100 adds most
  • 31. Create a modular story 30 % = tipping point
  • 32. Don’t forget to spread the word 15% on Kickstarter doesn’t earn a dollar 1. Recruit ambassadors 2. Plant your idea 3. Bloggers are your best friends 4. Spread to thousand networkds
  • 33. Any interest? The numbers 3900 successful projects 386 373 pledges 27,638,318 dollars
  • 34. = Summary Not just selling Create engagemang Be creative all the way