BidOkee-Loyalty

BidOkee brings loyalty rewards to crowdfunding

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A lot of crowdfunding campaigns offer backers swag like T-shirts or virtual rewards. BidOkee’s model takes things a serious step forward.

BidOkee’s loyalty program lets you reward your backers with valuable points they can use in BidOkee’s auction hub and ecommerce store. That gives real value to the reward points you offer. It also drives supporters to your site and encourages them to increase their pledge levels.

There is nothing in the crowdfunding world quite like BidOkee’s loyalty rewards program. It is a powerful tool for recruitment, retention and social sharing.

The quality of loyalty rewards programs broadly depends on: the ease and rate of point collection; breadth of collection opportunities; ease of redemption; extent of redemption opportunities; and holistic, experiential merit (how it feels to participate).

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BidOkee-YourSite

DIY Crowdfunding: BidOkee lets you own your site

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In today’s world, especially because of Millennials who are behind many of the one million start-ups each year, customer and user empowerment is shaping entire industries. The technology revolution is about empowering the individual to take control of their environment.

Mobile technology provides instantaneous freedom that empowers the individual – such as our smartphones and tablets, which are replacing desktops and laptops and which may one day themselves be replaced by wearable gadgets.

The advent of social media has transformed media altogether, providing an immediate outlet to millions of people to create success stories overnight or, on the other hand, ravaging people and companies just as quickly. The power of instantaneous communities is shaping politics and creating revolutions.

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Social-Currency

BidOkee Empowers Start-Ups in Crowdfunding Fight with Big Corporations

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BidOkee is establishing a cooperative model through which networks, resources, connections and best practices are shared between campaigns to realize crowdfunding’s original potential.

BidOkee’s CEO, Eyal Lichtmann, contends a major problem with crowdfunding is that small campaigns are being pushed aside as big corporations look to dominate the industry.

Approximately one million crowdfunding campaigns are launched annually. Over $20 billion in crowdfunding transactions will occur this year – a 100% increase over last year – according to Equitynet. A World Bank report estimates that, by 2025, this number will spike to $300 billion annually, while others estimate as high as $500 billion, with up to $3.2 trillion in economic activity.

Entrpreneur.com reports how difficult it is for start-ups to get funding despite the proliferation of crowdfunding worldwide. Currently 90% of the world’s online population has access to crowdfunding and $1,400 is raised in donations every minute. Still, only 3% of all start-up funding comes from crowdfunding.

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Social-Currency

BidOkee’s Gamified DIY Crowdfunding – The Rise of the Cooperative Model

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The future of crowdfunding will be powered
by a cooperative DIY SaaS system model that resolves numerous pain points in the crowdfunding industry.

BidOkee provides the freedom to develop stand-alone, branded, customizable DIY crowdfunding sites that integrate seamlessly with ecommerce and etail platforms, and incorporate loyalty programs, gamified features and a revenue sharing model.

Vancouver-based Quilageo Inc. has launched a prototype version of the world’s first gamified crowdfunding platform called BidOkee.

Scott Steinberg, author of The Crowdfunding Bible, featured BidOkee on NewsWatch TV. As Scott declares, “this could change crowdfunding as we know it.”

“There is massive proliferation of crowdfunding sites,” says Eyal Lichtmann, CEO of Quilageo. “There are over 450 crowdfunding platforms worldwide and hundreds of thousands of campaigns launched annually.”

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Crowdfunding-BidOkee-CSR

Social Responsibility built in to BidOkee DIY Crowdfunding

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Corporate social responsibility is a new bottom line.

Especially for younger consumers, supporting businesses that do good in the world is a priority.

When BidOkee is completed, it will integrate CSR opportunities and charitable giving seamlessly into the design of our platform. Campaigns can offer backers the opportunity to allocate a percentage of their pledges to charities – BidOkee’s structure allows a single featured charity, a choice among several causes, or even a contest in which backers can vote for the charities they want the community to support. This can be a winner-take-all vote or the funds can be distributed based on proportion of votes received.

The benefits are numerous.

The CSR component helps great causes, obviously.

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All the platforms

The 8 Big Challenges in Crowdfunding

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Crowdfunding is growing massively – over 1,000% in just five years.

Like a lot of new industries, though, crowdfunding faces a do-or-die moment.

There are inherent challenges in crowdfunding as it exists today that probably hold the seeds of failure for the entire model. Like the promising software programs and platforms of a decade or two ago, the crowdfunding mega-sites of today may be destined to be mere memories tomorrow.

Here’s why, in eight simple numbers. (more…)

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