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FundingDream Aims to Reinvigorate Crowdfunding in China

Can a crowdfunding site succeed in China? If a new company can get the attention of a small percent of China’s more than 1.4 billion people, the impact could be huge, and the revenue even bigger. Still in private beta and launching in early December, FundingDream is an all-or-nothing setup resembling the Kickstarter model. Campaigns are fundedand contributors chargedonly if they meet monetary goals See also: Study: Global Ecommerce to Hit $1.2 Trillion This Year, Led by Asia FundingDream will focus on socially conscious projects, businesses and charities, applying a 10% fee to collected funds (Kickstarter takes 5% of total raised funds when goals are met). Project creation or backing is open to anyone, as opposed to Kickstarter which just allows creators from the U.S., UK, and Canada (New Zealand and Australia are on the way). Read more…More about China, Social Media, Business, Social Good, and Crowdfunding

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FundingDream Aims to Reinvigorate Crowdfunding in China

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