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| Pros | Cons |
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- Projects are curated, so they all have funders, evaluators and people who dedicate their time and energy to work on them.
- Open collaboration space to share ideas and get feedback from a variety of stakeholders and users
- Project management tools showing the level of completion in each phase, and next steps
| - Users can't create projects.
- Projects are large scale and address larger populations rather than individuals
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It's a crowd-funding crowdfunding platform for creating fundraising campaigns and sharing it in social networks to fund a personal project.
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| Pros | Cons |
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- Open to any user.
- Projects can vary from personal to professional, from small scale to very large projects
- The campaigns are broadcasted on the Go Fund Me public platform as well on the user's social networks
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Quirky is an invention company. The company allows inventors to submit their ideas, while also assisting them in the development process.
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- Evaluate submitted Ideas
- Vote to select an idea
- Provide funding for production
- Provide backend design and engineering expertise
- Production
Frontend Process:
- Asking users to participate in the voting process
- Showcasing the final product on the website
- Help users price their products
| Pros | Cons |
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- Gives people a space to present their ideas
- The ideas that are not voted still remain on the site for design and engineering feedback
- People get to go through a list of ideas and vote for their favorite ones which then will be integrated with the Quirky's team evaluation process.
| - Not every submitted idea gets to be built
- It's
limi |
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- mostly related to tangible products and not services
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Kickstarter:
It's a crowdfunding platform that helps bring creative projects to life. People who back Kickstarter projects are offered tangible rewards and one of a kind experiences in exchange for their pledges.
Backend Process:
- Handling transaction
- Tracking project progress
- Logistics
Frontend Process:
- Help users create a project
- Showcasing projects on the site
- Showing campaign progress
- Sending the
| Pros | Cons |
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- Creating a community around a project
- Offering resources like the creator handbook to help user build a better project and increase the chance of project success
- Projects can vary from small to large and in any field
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