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A rare look into crowdfunding in Japan: Interview with video game – Monken – creators

A rare look into crowdfunding in Japan: Interview with video game – Monken – creators

Original Article/Interview from IndieGames: Team Grand Slam, a collection of veteran Japanese developers behind the upcoming free-to-play Monken, recently ran a successful crowdfunding campaign on a Japanese platform called Campfire. They raised just under ¥2.5 million ($25,000 USD) for the development of a game they plan to release under a Creative Commons license. That may not seem like much money compared to the amounts raised by developers like Double Fine and Obsidian, but it’s the largest amount raised for a game on this Japanese crowdfunding site to date. We mentioned this back in March, but Monken is…

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Crowdcube eyes MENA crowdfunding expansion

Crowdcube eyes MENA crowdfunding expansion

The world’s leading regulated crowdfunding platform, Crowdcube has announced they are planning to expand in the MENA region. Crowdcube has formed a JV partnership known as Crowdcube MENA. Omar Rana; “We are currently examining various regions to assess the best way of leveraging Crowdcube’s platform to provide world-class crowdfunding in the MENA region. Sixty percent of the GCC is less than 30 years old, and 66.8 percent of MENA + Africa is less than 30 years old. All these young people are bursting with ideas and passion, and they don’t…

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Why crowdfunding hasn’t caught on in Asia

Why crowdfunding hasn’t caught on in Asia

The popular fundraising method hasn’t stuck yet. It’s only a matter of time. FORTUNE — The crowdfunding industry made it clear it isn’t going anywhere last year. Popular crowdfunding platforms like Kickstarter and Indiegogo made it simple for entrepreneurs to fund their creative projects by soliciting donations from the general public. With more than 600 platforms worldwide, crowdfunding has grown from a $530 million industry in 2009 to nearly $2.7 billion last year, according to a recent study by Massolution, a research firm specializing in crowdsourcing businesses. The relatively new funding…

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Why crowdfunding hasn’t caught on in Asia

Why crowdfunding hasn’t caught on in Asia

The popular fundraising method hasn’t stuck yet. It’s only a matter of time. FORTUNE — The crowdfunding industry made it clear it isn’t going anywhere last year. Popular crowdfunding platforms like Kickstarter and Indiegogo made it simple for entrepreneurs to fund their creative projects by soliciting donations from the general public. With more than 600 platforms worldwide, crowdfunding has grown from a $530 million industry in 2009 to nearly $2.7 billion last year, according to a recent study by Massolution, a research firm specializing in crowdsourcing businesses. The relatively new funding…

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David Drake exclusive – Italy’s Growth Act Implemented Ahead of the American JOBS Act

David Drake exclusive – Italy’s Growth Act Implemented Ahead of the American JOBS Act

Italy has just circumvented the delay of the US in changing its laws in order for crowdfunding for equity to become a functional law and has now become the first country in the world to implement changed laws that support crowdfunding for equity, potentially a year ahead of the lethargic U.S. equity crowdfunding law. Crowdfunding has been changing the financial landscape of Italy ever since the Italian parliament voted to implement a crowdfunding law last December 17, 2012. It then tasked the Commissione Nazionale per le Società e la Borsa…

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