Wearable Tech: NFC Ring Designed to Unlock New Possibilities

A Kickstarter-funded UK company led by app developer John McLear has created a piece of jewelry with built-in RFID technology that can be used to unlock doors and mobile phones, start a car, transfer information, link people and more. The NFC Ring, which never needs charging, provides users with the option of public and private inlays for secure information sharing. The Kickstarter campaign concluded last week and dramatically exceeded its target goal by raising about $380,000. Continue reading Wearable Tech: NFC Ring Designed to Unlock New Possibilities

Omate SmartWatch Project Reaches Funding Goal On First Day

Omate’s TrueSmart is a standalone, water-resistant smartwatch that hit its $100,000 Kickstarter funding target on the first day (at press time, the project had raised $249,722 since August 21). The Android-powered TrueSmart — which will compete with upcoming devices from Samsung, Apple, Microsoft and others — features a TFT by LG display, multi-touch capacitive touchscreen, 5-megapixel camera, Wi-Fi, Bluetooth and 2G/3G data connectivity abilities. Continue reading Omate SmartWatch Project Reaches Funding Goal On First Day

Kickstarter Project Makes Cloud Storage as Simple as a Plug

Plug is a small network connected device that enables users to convert a portable hard drive into private cloud storage that can be shared between PCs, smartphones and tablets. The creators are looking to create a more secure alternative to services such as Dropbox to store, preserve and share data. With 38 days remaining, the Kickstarter campaign has already significantly exceeded its original $69,000 goal (as of press time, the total was $736,790). Continue reading Kickstarter Project Makes Cloud Storage as Simple as a Plug

Universal’s Crowdfunding Effort to Save Out-of-Print Vinyl

Universal Music is developing a crowdfunding service that will support limited-edition releases of out-of-print vinyl records. The Vinyl Project aims to bring back rare and deleted records from Universal’s back catalog. CMU reports that releases currently being considered for availability to funders include “ABC” by The Jackson 5, Björk’s “Biophilia,” “Goodbye Yellow Brick Road” by Elton John, “His N Hers” by Pulp, Def Leppard’s “Hysteria” and “Disraeli Gears” by Cream. Continue reading Universal’s Crowdfunding Effort to Save Out-of-Print Vinyl

New Milestone: 100,000 Projects Crowdfunded via Kickstarter

Kickstarter announced yesterday that the crowdfunding service has reached a new milestone by launching more than 100,000 projects. Nearly 44 percent of the projects have been successfully funded by a total of $535 million. The top categories for launched projects include Film & Video, Music, Publishing, Art and Games. If its current funding rate continues, the service could raise its first billion as early as sometime this year. Continue reading New Milestone: 100,000 Projects Crowdfunded via Kickstarter

TV Veteran Questions Value of Kickstarting Known Artists

Veteran television writer/director/producer Ken Levine suggested on his blog last week that Big Hollywood has no business financing projects via Kickstarter, an approach he believes should be reserved for the little guy. He references actor/filmmaker Zach Braff, who has raised nearly $2.6 million through the crowdfunding site to finance “Wish I Was Here,” his follow-up to “Garden State.” Levine believes offering Braff money “defeats the whole purpose of Kickstarter.” Continue reading TV Veteran Questions Value of Kickstarting Known Artists

Vimeo On Demand Gets Exclusive Distribution of New Movie

Actress Kristen Bell may soon become the poster child for a new era of film production and distribution. Following the success of a new “Veronica Mars” project crowdfunded via Kickstarter, which reached its $2 million goal in just 10 hours, Bell’s upcoming indie film “Some Girl(s)” is slated for a June 28 release in theaters and online through Vimeo’s new VOD platform. This could mark another change in the digital distribution of media. Continue reading Vimeo On Demand Gets Exclusive Distribution of New Movie

Kickstarter-Funded Lynx 3D Camera Works as Advertised

Since a group of students from the University of Texas unveiled the Lynx A 3D camera project on Kickstarter earlier this year, it has raised far beyond the project’s $50,000 fundraising goal. And as of last week, Lynx Laboratories was getting ready to ship out the first cameras. At the DEMO Mobile SF event, Engadget had an opportunity to demo a prototype, watching firsthand as the camera scanned a person’s head in real time. Continue reading Kickstarter-Funded Lynx 3D Camera Works as Advertised

Veronica Mars Movie Funded on Kickstarter: New Model?

As of this writing, the Kickstarter campaign for the “Veronica Mars” movie is over. It broke fundraising records and took in more than $5 million in crowdfunding. Launched just one month ago by show creator Rob Thomas and actress Kristen Bell, the campaign has raised the topic of whether or not fan-funded projects could change the way films are being made, particularly for projects with rabid fan bases. Continue reading Veronica Mars Movie Funded on Kickstarter: New Model?

Veronica Mars Project Sets New Record for Crowdfunding

A crowdsourced fundraising campaign to produce a film version of the popular 2004-2007 TV detective show “Veronica Mars” has set a new record for the fastest growing Kickstarter campaign, reaching the $1 million mark in just over four hours. In fact, the entire funding goal of $2 million was achieved in less than 10 hours (at press time, the project’s Kickstarter page listed a total of $3,306,914 from 50,094 backers). Continue reading Veronica Mars Project Sets New Record for Crowdfunding

Four Web Series Whose Second Seasons Are Worth Watching

Web series have long struggled to move beyond one season, as successful Web producers either move on to higher profile jobs or run out of money and cannot afford to produce additional seasons. But this year there are four notable Web series that will make the leap to a second season, headlined by the wildly successful “Comedians in Cars Getting Coffee,” a comedy series featuring Jerry Seinfeld. Continue reading Four Web Series Whose Second Seasons Are Worth Watching

Kickstarter Crowdfunding Leads to Oscar Nominated Films

While Kickstarter has gained much attention for its successful funding of consumer products like the Pebble Watch or the Ouya gaming system, much of its crowdfunding has gone into creation of the arts. “Kings Point,” “Buzkashi Boys” and “Inocente” have become the fourth, fifth and sixth Kickstarter-funded films to earn Academy Award nominations. Continue reading Kickstarter Crowdfunding Leads to Oscar Nominated Films

CES 2013: Kickstarter Was Seemingly Everywhere This Year

“Kickstarter has really changed the dynamics at CES,” writes The Verge. “This year, independent developers are getting as much attention as the big companies that usually dominate, and many of them built their products with crowdfunded cash.” Kickstarter gives the small company or the entrepreneur a chance to compete with well-known electronics makers and is leveling a once very one-sided playing field. Continue reading CES 2013: Kickstarter Was Seemingly Everywhere This Year

Crowdtilt CEO Predicts Top Tech Startup Trends for 2013

James Beshara, co-founder and CEO of Crowdtilt.com, anticipates five top trends for tech startups in 2013: 1) phones will become our remote controls for life; 2) crowdfunding behavior will expand; 3) we will experience a new era enabled by sensors; 4) large companies within the startup ecosystem will seek new business models; and 5) a consolidation of entrepreneurs will come together to build companies. Continue reading Crowdtilt CEO Predicts Top Tech Startup Trends for 2013

Will the Proposed American Jobs Act Have an Impact on Crowdfunding?

  • Part of President Obama’s proposed American Jobs Act includes exempting small businesses that receive startup funds through “crowdfunding” from having to pay the Securities and Exchange Commission.
  • If the newly proposed $447 billion plan was to pass through Congress, it could impact services such as Kickstarter, possibly turning the “crowdfunding” model into an “investment mechanism for a whole new generation of small business,” suggests Digital Trends.
  • The plan would allow individuals to invest in a piece of the company (instead of the current model that offers rewards such as an early-run edition of the product), but without the company having to pay SEC fees.
  • “…[G]adget-makers are already using crowdfunding platforms to raise hundreds of thousands of dollars in pure donations – imagine the possibilities if these small-dollar donors became investors with a stake in the venture,” reads a post on WhiteHouse.gov.
  • Kickstarter, for example, has already helped more than 10,000 projects by raising more than $75 million in pledges. Digital Trends indicates that currently, “Out of all projects submitted to Kickstarter, 44 percent go on to meet their fundraising goals.”
  • Details of the plan can be found in a White House website post on innovation and entrepreneurship.

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