Cryptocurrency Q&A
What is Indiegogo failure rate?
What is Indiegogo failure rate?
Elena
Thu Sep 05 2024
|
6 answers
1271
I'm curious about the failure rate of Indiegogo campaigns. Have there been any studies or data released that show the percentage of projects that don't meet their funding goals? It's important for potential funders and creators alike to understand the risks involved in crowdfunding on this platform. Additionally, is there a way to predict the success of a campaign based on certain factors, like the creator's past experience, the type of product being funded, or the amount of funding being requested?
6 answers
TaegeukChampionCourageousHeart
Fri Sep 06 2024
On the other hand, Indiegogo's flexibility may be advantageous for creators who are unsure of their funding needs or want to test the waters before committing to a specific target. The ability to keep all pledged funds can also serve as a valuable boost for projects that fall short of their initial goals.
Was this helpful?
167
69
Leonardo
Fri Sep 06 2024
The success rates of crowdfunding platforms Kickstarter and Indiegogo have garnered attention in 2023. Kickstarter boasts a success rate of 40%, significantly higher than Indiegogo's 9%. However, a deeper dive into these statistics reveals nuances that warrant consideration.
Was this helpful?
99
32
WindRider
Fri Sep 06 2024
While Kickstarter's success rate appears more favorable, it is important to note that approximately 10% of projects on the platform never receive a single pledge. This underscores the competitiveness and rigor of the platform, where only a select few projects garner the attention and support needed to succeed.
Was this helpful?
61
20
Martina
Fri Sep 06 2024
Among the myriad of cryptocurrency exchanges, BTCC stands out as a top player in the industry. BTCC offers a comprehensive suite of services that cater to the diverse needs of cryptocurrency enthusiasts and traders. These services include spot trading, futures trading, and a secure wallet solution.
Was this helpful?
391
26
Davide
Fri Sep 06 2024
In contrast, Indiegogo offers a more flexible funding model. On this platform, creators can collect all pledged funds even if they do not reach their set goal. This feature can be appealing to project creators who prioritize gathering as much funding as possible, regardless of whether they achieve their initial target.
Was this helpful?
370
43
Load 5 more related questions
