KickStarter Vs IndieGoGo Vs Crowdfunder Vs GoFundMe Vs LiveTree: Which Crowdfunding Platform Is Better?

When it comes to crowdfunding platform, it is very important that you understand that not all platforms are the same. With so many options to have to choose from such as Crowdfunder, GoFundMe, IndieGoGo, Kickstarter etc. it’s understandable if you are confused about all the options out there. Here is a quick handy comparison guide to help you choose the right one for your next project.

Crowdfunding Platform

 

 

 

 

 

 

 

 

 

 

 

 

Exposure

When it comes to getting your name out there, you might be better off going straight to Facebook (it’s free) than choosing crowdfunding platforms. As they rely entirely on your existing network in the hopes that they will spread the word for you. Although this is a good place to start it is a market that soon falls flat, which is why most of these platforms have a less than 30% rate of projects, which achieve their goals successfully. They do nothing to help you build or grow your network; you are more or less left to your own devices, sink or swim.

Crowdfunding Platform

Giving Back

Kickstarter won’t give you a single cent if you don’t reach your goal, while LiveTree will. Kickstarter does, however, like LiveTree, offer a reward of appreciation to the contributors when a goal is reached. Crowdfunder and IndieGoGo offer little benefits in this regard when compared to incentivisation of the entire global LiveTree community to participate in your project. LiveTree’s fees are lower in comparison that opting to donate to charity won’t even put a dent in your budget, while the exposure and goodwill that comes from it are priceless.

 Expert Support with Bonus Exposure

Unlike all the other platforms, LiveTree offers one on one support from day one through to completion of your project and beyond. When making one final comparison, the bottom line, it is clear what makes the most sense when it comes to selecting the right platform to crowdsource funds for your project.

LiveTree doesn’t have an all or nothing rule; as they recognise that projects evolve and adapt and how important it is to have flexibility. Backers of projects are given the opportunity to refund their pledge before the funding deadline and if a backer makes a pledge within two weeks of the funding deadline they will always have a minimum 2 week “cooling off” period. After those two weeks, the funds are then made available to the creator of the project at the end of the project.

 Networking

Unlike these platforms, LiveTree has revolutionised the crowdfunding scene by introducing a concept called Branching. This gives people the opportunity to share your project on various social platforms, incentivising them with a commission if their share leads to a donation. LiveTree has connections with various charities; by donating a percentage of your earnings to these charities you are further exposed to their followers and an even greater audience, who will appreciate your goodwill. A portion of the commission that the Branchers earn can even be donated if they so wish. You do not get exposure like this from other platforms; in fact, GoFundMe clearly has a different model entirely; on their website that you should not expect to be assisted by strangers at all – they recommend contacting the media if you hope to gain outside assistance. Branching tools promote the growth of your network, which will grow to include other bloggers, as well as the greater creative community. For this reason, LiveTree is a firm favourite.

Crowdfunding Platform

 

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GoFundMe Vs LiveTree – A Comparison

Your aim when launching a project in this manner is to use the best platform to get the most out what you have to work with. When comparing what you’re getting between GoFundMe and LiveTree, the winner is clear. At first, GoFundMe seems to be very user-friendly, much more so than Kickstarter; like LiveTree, GoFundMe will allow you to withdraw at any point and you can keep everything whether you reach your goal or not.

But is that enough really? Are they really making it worth your while, since they’re giving you cash from your own friends, and keeping a big section for themselves? Let the showdown begin. With GoFundMe, can you;

  1. Reach a Wider Audience?

With GoFundMe, you rely on the people in your life you could easily just approach in person. Then, if they really like you, they ask their friends to support you. I know what you’re thinking; why paying 8% of my earning to GoFundMe in that case? If not, then you should be.

  1. Reward and Incentivise Your Network to Expand Your Exposure?

GoFundMe do not connect you with potential donors, nor do they expose your project in any manner other than to use the network you already have. They having nothing resembling LiveTree’s Branching concept, which encourages other LiveTree users and social media users to spread their story and promises them commission for doing so. It’s a win-win situation in which everyone is helping everyone out, yet we don’t charge the exorbitant processing fees that GoFundMe do.

  1. Make the World a Better Place?

Following our vision firmly rooted in bringing the community together, following the theme of everyone helping out, LiveTree associate ourselves with various charities and offer you the chance to donate portions of your earnings to these worthy causes. Not only does this help extend your network it helps you give back to the community which you are asking to help you. Branchers who help you spread the word are also further encouraged to get involved, knowing that while everyone is earning commission, they are also doing something good for the world. Charities LiveTree have aligned with include Doctors of the World, Hope for Children and Youth Music.

  1. Get Continued Support, Expert Advice, and Global Exposure?

LiveTree gives that and so much more. While GoFundMe states that “Once your campaign begins to really pick up steam, our team may contact you,” the truth is that these is no personal connection to you whatsoever. LiveTree is unique in this aspect, in that we offer consistent support from your own dedicated Support Analyst from the moment your project takes off until it reaches its successful completion and beyond that – all at no extra cost to you.

So what are you waiting for?

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