BidOkee-CrowdfundingSchemes

1,268 Sad Truths About Crowdfunding (And 1 Happy Truth)

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In any industry, there are the serious players and there are crackpots. Put a relatively new and massively growing phenomenon like crowdfunding together with an ancient human desire to explore and you can get some really hare-brained schemes.

Gizmodo has just compiled six of the kookiest failures by crowdfunders who had the idea of sending things – vessels, people, your cash – into outer space.

You can’t blame people for dreaming. Or can you?

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What You Don’t Know About Crowdfunding

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When crowdfunding first entered the public imagination a few years ago, some people saw it as a really amazing opportunity for people with great ideas and little money to make cool things happen in the world. And that’s true.

But that potential has also been deeply diminished by events of the past couple of years.

Things are moving superfast in the realm of crowdfunding. And the ordinary start-up initiator who wants to use a crowdfunding platform as an opportunity to make an entrepreneurial (or charitable, or other) dream come true now find themselves at a very serious disadvantage.

Crowdfunding has been stolen from the crowd. To a large extent, anyway.

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