Thursday 26 February 2015

How can crowdfunding be beneficial to some people?

This week in class we were discussing how different artists have to fight economy like everyone else just to survive in our everyday world and keep their work going on. There were many different ways for us to earn money that we discussed in class and from what i read in the blog. The subject that got me interested was the crowdfunding. Crowdfunding was basically an artists or a person asking people online for donation to complete a certain project. This seemed to be an easy way to earn some money but at the same time it is hard. A guy like me, who is shy, doesn't like to talk to random people, and a stay in, will have a hard time to make crowdfunding as a starting juice for one of my future projects. Crowdfundung requires you two have multiple connections, keep on checking how many people funded your work and reply to all of the people after the project was completed. Although, because of this method rising artists can complete most of their project. This was pretty obvious to me because i know what type of a person i am. So for this particular case i must try and get a lot with more random people or at least have the courage to speak with them. There are other downsides to it the crowdfunding however. The time limit on how long your request may be post is one month, another one being that you might be sued if the project is not delivered soon. For this reason i would need to change how i am doing things by making sure i finish the work given to me at least a day before the deadline. If in the near future i will become a rather successful person using crowdfunding, i could give some tips to other people that are actually doing crowdfunding as well.

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