Subscribe / Unsubscribe Enewsletters | Login | Register

Pencil Banner

Reddit gets into crowdfunding with new Redditmade site

Ian Paul | Oct. 30, 2014
Got a favorite subreddit you visit every day? Pretty soon you may be able to purchase a t-shirt to show off your subreddit love.

Store front or crowdfunding?
Honestly, Redditmade seems more like an actual storefront than a place where redditors can get like minded folks to fund their crazy dreams. Campaign supporters, for example, don't have a choice of how much they'd like to contribute. Instead, they are charged on a per-item basis just like a store.

But in the tradition of crowdfunding each campaign sets a target goal and then redditmade gives them 30 days to hit that goal. Once the goal is reached, supporters of the campaign are charged for their purchases. Anyone who supports a campaign after the initial goal is reached, but before the campaign has ended, will be charged immediately.

If the goal is made, redditmade gets to work on creating the product while funneling any proceeds to the individual who created the campaign or a specific charity.


Previous Page  1  2 

Sign up for CIO Asia eNewsletters.