Indiegogo is planning to launch a new “Express Crowdfunding” campaign format that lets creators ship things while the campaign is on-going instead of forcing creators to wait until the campaign is over.
Indiegogo spokesperson Maciej Kuc tells The Verge that the change was spurred by Indiegogo’s recent move to the infrastructure from its new owner, board game crowdfunding company Gamefound:
Switching to an entirely new technology is always a major challenge. The technology Indiegogo is currently working on was originally created for Gamefound – a slightly more “typical” crowdfunding platform. Its core assumption was that creators run a campaign to raise funds in order to bring a product to life. The technology expected that at least two weeks would pass between the crowdfunding campaign and the pledge manager phase – the moment when orders are finalized, new ones are added, and shipping addresses are collected.
One prominent example of the current system’s delays, which was reported on by Android Authority, was Ayaneo’s campaign for its new Pocket AIR Mini retro gaming handheld. Ayaneo originally planned to begin shipping the handheld by the end of November, but because of “platform policy requirements,” the company says it can’t collect addresses for shipping until December 5th. Specifically, Ayaneo says it can’t request to move the campaign into the Pledge Manager phase, where shipping addresses are collected, until December 2nd, and that request takes approximately three days to be reviewed. Shipments will now begin “around” December 10th, according to Ayaneo.
Indiegogo’s new Express Crowdfunding format “should be available” in early February, Kuc says.
This sounds like an exciting development for creators! The ability to ship products sooner could really streamline the crowdfunding process and enhance the overall experience for backers. Looking forward to seeing how this unfolds!
Absolutely, it really does open up new opportunities for creators to engage their backers more quickly. Plus, with faster shipping, it could enhance trust and satisfaction among supporters, leading to stronger community ties. It’ll be interesting to see how this impacts campaign dynamics overall!
I completely agree! This new format could also streamline the feedback process, allowing creators to iterate on their products even faster. It’s exciting to see how this could enhance the overall crowdfunding experience!