Does Indiegogo work in China?

Indiegogo itself opened its China office in Shenzhen five years ago and has since seen China-based projects raise over $300 million through its platform, according to Lu Li, general manager for Indiegogo’s global strategy.

Is Kickstarter available in China?

Project creation is currently available to individuals in the US, UK, Canada, Australia, New Zealand, the Netherlands, Denmark, Ireland, Norway, Sweden, Germany, France, Spain, Italy, Austria, Belgium, Switzerland, Luxembourg, Hong Kong, Singapore, Mexico, Japan, Poland, Greece, and Slovenia.

Are Kickstarter and Indiegogo the same company?

Kickstarter and Indiegogo are the two most popular rewards-based crowdfunding platforms. Each has a unique set of strengths: Indiegogo, for instance, has less stringent project requirements, while Kickstarter has a much larger backer community. Project categories and popularity. …

Where is Indiegogo based?

San Francisco, California
Indiegogo, Inc. Indiegogo /ˌɪndiˈɡoʊɡoʊ/ is an American crowdfunding website founded in 2008 by Danae Ringelmann, Slava Rubin, and Eric Schell. Its headquarters are in San Francisco, California. The site is one of the first sites to offer crowd funding.

How much money has Indiegogo made?

Indiegogo has raised more than $1 billion since 2008 across 690,000 campaigns and 11.5 million contributions. More than 175,000 campaigns ran on the site last year alone, with more than 2.5 million people making contributions toward a $300 million total.

Is crowdfunding legal in China?

Because of China’s strict regulations on public offerings, equity crowdfunding can only be a private offering and is supervised and administered by China Securities Regulatory Commission (CSRC), China Banking Regulatory Commission (CBRC), The People’s Bank of China and the China Insurance Regulatory Commission (CIRC).

Who can use Indiegogo?

In general, for-profit and nonprofit campaigns are allowed on Indiegogo. Keep in mind as you create your perks, Indiegogo has rules about what you can and can’t offer. We also recommend reading through our Terms of Use and Community Guidelines for more information on what we allow on Indiegogo.

Can I do both Kickstarter and Indiegogo?

Kickstarter will not allow you to launch on their platform if your product is already available elsewhere. If you want to launch on both Indiegogo and Kickstarter, your best option, and really only option, is to launch on Kickstarter, and then AFTER your Kickstarter campaign is over, transition to Indiegogo.

Can you run the same Kickstarter twice?

Every launched project is a learning experience. Although it is not possible to go back and edit your original project, you can start the relaunch process by building a new draft and copying over elements from your original project.

Which countries can use Indiegogo?

Indiegogo now accepts crowdfunding campaigns from the following countries and corresponding local currencies:

• Poland.
• Cyprus.
• Estonia.
• Greece.
• Lithuania.
• Latvia.
• Malta.
• Slovenia.

Is it possible to run a Kickstarter campaign from China?

Technically no on Kickstarter, but there are ways around it. I’ve worked with a lot of Chinese entrepreneurs and the main way around running a crowdfunding campaign from China is to register the company in a different location.

What is the difference between Indiegogo and Kickstarter in China?

Other companies decide to make a hire within the US (or other KS-approved countries) so that they can use that person’s identification to launch on Kickstarter. Indiegogo, on the other hand, has doubled down on providing resources and channels for launch entrepreneurs in China.

What makes Indiegogo different from other crowdfunding sites?

Campaigns on Indiegogo have a lower average funds raised than some other crowdfunding sites, but its diverse base is a huge plus. Indiegogo is unique in that you, the campaign owner, can choose whether or not to go with all or nothing funding. With two plans (Flexible and Fixed), users can decide how this works.

Which crowdfunding platform is right for your business?

We’ve compared three of the biggest crowdfunding platforms to help you pick the right option for you and your business: Kickstarter: a platform that focuses on creative projects like art, music, film, etc. Funding is all or nothing and fees are fairly reasonable. GoFundMe: a crowdfunding platform designed for individuals and personal causes.