Category Archives: deposits

Crowdfunding Lets Fans Become Promoters

Visual  and  audio artists are connecting more than ever with fans through crowdfunding sites like LegionM and Weeshing. The deal is pretty simple: fans contribute to a film or band that they like which allows the production to happen. In … Continue reading

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Crowdfunder Arrested For Bad Idea

Don’t do this: A 29-year-old Indiana man created a crowdfunding campaign to raise money so he could travel to Montana to be with his 14-year-old “fiancée.” He was arrested and charged with felony sexual abuse of children. GoFundMe told the … Continue reading

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Initial Coin Crowdfundings Raking in Cash

The Wall Street Journal reports that initial coin offerings have raised more than $1 billion in what could be called crowdfunding or private placement efforts. Although some of these offerings are trying hard not to be securities offerings, they quack … Continue reading

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News Website Crowdfunds For “No Bullshit” Journalism

“No bullshit” journalism finds crowdfunding love in Switzerland. A news website startup that never published an article has raised over $2 million, exceeding its $750,000 goal, in two weeks, promising three “well researched, well sourced, and factual” articles per day. … Continue reading

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Another Celeb Pilloried For Crowdfunding Appeal

Those of you who know who Zayn Malik is may be surprised to hear that he’s now under fire for asking his fans to contribute to a crowdfunding campaign. The British teen heartthrob has directed his adoring public who follow … Continue reading

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Police Chief Asks People To Stop Crowdfunding

Cleveland Police Chief Calvin Williams has asked the public to stop donating to the crowdfunding pages set up for the family of murder victim Robert Godwin. Godwin was assassinated by a killer who posted the murder on Facebook’s live stream. … Continue reading

Posted in balance, Charity, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, deposits, fraud, Funding Portals, Investments, Jobs, Legislative Intent | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment