Mega Man Creator Says Crowdfunding Changes the Industry

Mega Man Creator Says Crowdfunding Changes the Industry

Keiji Inafune’s Mighty No. 9 took Kickstarter by storm, giving him more control over his game and helping him connect to fans. The spiritual successor to Mega Man, Mighty No. 9 will be on Kickstarter accepting donations for seven more days. With an initial goal of $900,000, the project recently passed its $2.2 million stretch goal and will be released on current-gen consoles. The project has reached about $2.45 million today. The success of Mighty No. 9‘s Kickstarter campaign has prompted Keiji Inafune, creator of Mega Man and Mighty No.…

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Newly Legal: Buying Stock in Start-Ups Via Crowdsourcing

Newly Legal: Buying Stock in Start-Ups Via Crowdsourcing

Amateur investors may soon be able to use crowdsourcing to buy equity in start-ups. But should they? At least one expert–the author of a report on Kickstarter–recommends caution. Under a newly implemented provision of 2012′s “Jumpstart Our Business Start-ups Act” (JOBS Act), it became legal this week for small start-ups to solicit investments publicly, via the Internet. They can sell shares without first having to register them with the Securities and Exchange Commission. An entrepreneur in need of cash can raise up to $1 million a year, provided he or…

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ZBoard Crowdfunds San Francisco Edition Electric Skateboard

ZBoard Crowdfunds San Francisco Edition Electric Skateboard

Remember that snazzy special edition electric skateboard we saw roll out at Expand? It’s almost ready for launch: ZBoard has launched a Dragon Innovation crowdfunding campaign for its San Francisco Special. Although the limited edition ZBoard’s specs haven’t changed since earlier this year (20-mile range at 19 MPH) its facade has been given a few tweaks. In addition to wearing a brighter shade of orange, the San Francisco Special now features LED headlights, working tail lights and digitally printed grip tape with a redesigned skyline of its namesake city. Of course, getting your hands on one…

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Real estate’s new frontier: Crowdfunding

Real estate’s new frontier: Crowdfunding

It’s worked for films, political candidates and disaster relief, so why not real estate? Crowdfunding, the act of soliciting funds from the public, most recently via the Internet, is already a powerful tool, but, until today, was difficult to do in real estate. Developers were restricted from marketing projects to the public. Real estate finance was largely limited to high net worth investors and private equity firms. Today, that restriction disappears, thanks to the Jumpstart Our Business Startups Act, or JOBS, passed in April 2012. Now developers can advertise and…

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Betaworks embraces crowdfunding with syndicate seed investment

Betaworks embraces crowdfunding with syndicate seed investment

Today, the U.S. government quietly lifted the general solicitation ban to make good on a provision of the JOBS Act. Now, it is legal to gain startup money from “crowdfunding” techniques — and Betaworks has announced in a blog post that it will seize the opportunity to make syndicate seed investments available for its Openbeta initiative. Openbeta initially opened as a transparency platform — enabling users to test out new products, leave feedback, and learn about the companies that Betaworks is building even before launch. Now, Openbeta users will also…

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Canada’s CrowdFunding on CTV

Canada’s CrowdFunding on CTV

MONTREAL — Entrepreneur Paul Chipperton aims to raise $129,000 by the end of October for marketing a technology that can suspend the arrival of distracting emails, text messages and phone calls to handheld and other devices. But he’s leaving this fundraising to online, not to the banks or venture capital. In a growing movement called crowdfunding, entrepreneurs make video pitches to consumers to help get their projects to market. It all comes down to whether the amount of donations meet the startup company’s funding target and deadline. “If you don’t…

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Ottawa company’s home security system an overnight success on crowdfunding website

Ottawa company’s home security system an overnight success on crowdfunding website

In just one month, Ottawa’s Blacksumac has gone from wallflower to belle of the ball. The firm’s new Piper home security monitoring system has become a smash success on crowdfunding website Indiegogo, raising more than $260,000. More than that, it took the company’s relatively unknown device and exposed it to a world of eager consumers with deep pockets. The company, which employs nine people locally, has gone from begging to draw attention to Piper, to answering calls from some of the largest retailers in North America. “We’ve sold a quarter-million-dollars…

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Crowdfunding can help startup businesses get to market faster

Crowdfunding can help startup businesses get to market faster

Entrepreneur Paul Chipperton aims to raise $129,000 by the end of October for marketing a technology that can suspend the arrival of distracting emails, text messages and phone calls to handheld and other devices. But he’s leaving this fundraising to online, not to the banks or venture capital. In a growing movement called crowdfunding, entrepreneurs make video pitches to consumers to help get their projects to market. It all comes down to whether the amount of donations meet the startup company’s funding target and deadline. Chipperton is putting his MyFocus…

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Even crowdfunding can’t save this family farm

Even crowdfunding can’t save this family farm

“There’s three things that I wanted out of life,” says David Best as he stood in the machine shed behind his house in Tryon, Prince Edward Island. “Plenty of friends, average health and to be able to pay my bills on time.” The bill-paying — the mortgage — is the problem. This summer, the Bests launched a crowdfunding campaign in a last ditch effort to save the family farm, the last family-owned potato farm in their district. Also this year, for the first time in decades, the Bests grew no…

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The worlds first Mining Crowdfunding Platform Launch in Canada

The worlds first Mining Crowdfunding Platform Launch in Canada

Connecting Investors with Mining Companies We are an equity crowdfunding platform for accredited, eligible investors that are interested in the mining sector.   klondikeStrike Canada is a Crowdfund mining investing platform where accredited investors can invest in mining companies offering investments in the Exempt Market. Mining companies that utilize theKlondikeStrike Canada platform have access to valuable resources to help them deliver on their business plans and be successful. Not all companies that apply will be posted on the site.KlondikeStrike Canada’s advisers and mentors will ensure the company can pass our investment checklist as well as determine…

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Winnipeg company hopes to take advantage of Kickstarter launch

Winnipeg company hopes to take advantage of Kickstarter launch

One of the biggest crowdfunding platforms in the world launched in Canada last week. One company in Winnipeg hopes to cash in on its potential. Lumo is an interactive video projector created in Winnipeg. It allows users to play games like soccer or board games on any surface. “What it does is project on to your child’s floor different games and effects they can play with,” said Jocelyn Laeleannec of software development company Po-Motion. Winnipeg company Po-Motion is looking for funding to market its interactive projector, Lumo, which allows users…

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iCellPRO introduces Aria, a service empowering Canadian to take over their cell phone bill

iCellPRO introduces Aria, a service empowering Canadian to take over their cell phone bill

iCellPRO announces today the launch of Aria, a service that provides individual Canadians with protection from invoice errors and a real solution to reduce monthly fees. Aria empowers Canadians in three ways: 1) Aria analyzes historical cell phone usage to detect any possible errors on a bill; 2) The service then determines adjustments that can add value to an existing plan; and, 3) With up to four new plans launched daily in Canada, Aria automates the comparison and ranks new plans/options offered by ALL providers. This marketplace audit is summarized…

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Brampton director launches film with Kickstarter

Brampton director launches film with Kickstarter

Brampton native and film director Sam Catalfamo is looking to Kickstarter to help fund his first feature film. Minor is the story of two teenage girls who decide to escape their boring lives, and embark on a countrywide music tour. They’re only ambitions are to see the Pacific Ocean and play one great show. Catalfamo, who had success with his directorial debut in 2010 with the film Teen Getaway, had always planned on using Kickstarter to fund his project. But, when he learned that the world’s most successful crowd funding…

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Crowdfunding Reward for Beating iPhone Fingerprint Lock!

Crowdfunding Reward for Beating iPhone Fingerprint Lock!

Apple’s new iPhone 5S is to be released Friday with a fingerprint scanner, and computer hackers are offering a bounty for the first person to pick the biometric lock.  Security researchers Nick Depetrillo and Robert David Graham launched the Is Touch ID Hacked Yet website to crowdfund a reward to hack the phone’s fingerprint reader.  The reader is used to lock and unlock the phone, rather than a numerical code or password.The successful hacker must produce a video proving they can lift a fingerprint from any surface, reproduce the print, and use…

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Sgt. Pepper reinvented

Sgt. Pepper reinvented

Andrew Burashko was introduced to the Beatles for the first time when he arrived in Canada in 1973 aged eight years old, part of a large wave of Jewish emigration from the then-Soviet Union. He’s been a fan ever since. “The first pop music I heard was by the Beatles. The first two albums were Help and Abbey Road. And I just became addicted to them.” That beginning has turned into a life-long love affair with the music John, Paul, George and Ringo. And it has found its way into…

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Capital Crowdfunding In Canada: Recent Developments

Capital Crowdfunding In Canada: Recent Developments

The recent arrival of the KickStarter platform in Canada serves as a reminder that some interesting developments in the regulation of “crowdfunding” have been occurring in the last several months. This article focuses on the exemption granted to MaRS VX by the Ontario Securities Commission, which recently authorized the very first capital crowdfunding platform in Canada. Crowdfunding is a way of financing a project or business by pooling small financial contributions obtained through Web platforms (such as La Ruche in the Quebec City region) and making use of social media…

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