Reddit Opens a New Crowdfunding Site

[Tech_Dreamer]

Now you can buy weird stuff too :lol:

Look into my eyes... i own your soul now..
 
 
 
Redditmade , The huge online community message board site unveiled it's Crowd funding site on Wednesday, Basically it's initiative is that to allows Reddit users to raise money to manufacture and sell customized items.
 
as a way you've seen in kickstarter users are not required to put in any money upfront, if they reach the goal within 30 days from the time the project was put online & reach that goal,  they'll be allowed to have the funding
 
 
 

Screenshot! pew.. pew..
 
 

Redditmade is a new place to turn the best designs and products by the community into reality. redditmade gives you the flexibility to create almost anything you want, easily raise money, and support causes you care about. It’s also a great way for others to find awesome new products they’ll love and support other redditors while knowing their information and money will always be secure.

 
The move will add another revenue stream to Reddit, which has tried to find creative ways to make money from the millions of people who visit the site without angering its quirky community of Internet denizens.
 

 

 

 

Unlike Kickstarter, Redditmade focuses more on physical goods, like T-shirts, shot glasses and stickers

 
While users who create successful Redditmade campaigns can keep any money they have raised for themselves, Reddit also encourages users to donate the funds raised to charities, causes or individuals that the users find most important.
 
But unlike Kickstarter, Redditmade focuses more on physical goods, like T-shirts, shot glasses and stickers. Users are asked to create a custom item and have 30 days to raise the necessary amount of funds or orders to manufacture and send out the item

 

 

 

In addition to keeping all the donations, campaign owners also have the option to either sell at cost and thereby generate no profits or to donate any profits to a charity, event or individual.

 

 

One of the biggest reasons we created redditmade was to allow subreddits an easy way to create official subreddit merch for their communities. Whatever you want to make, we'll connect you to our network of quality sourcing partners for a variety of products and walk you through every step of the process so your community can celebrate your connection and show off your pride without all the work.

 

 

 

 

 The company would take a small cut of the campaign to cover the costs of its platform

 
Reddit has grown enormously in popularity over the last five years & Although Reddit have been a shady site for over a few years as we know, with close to 170 million regular users to accomplish specific goals,
 

 

Official subreddit campaigns will be highlighted as featured campaigns on Redditmade, and may also qualify for free ads on Reddit itself. Mods will also have the power to officially endorse other subreddit campaigns.

 

 

In the past, popular Reddit sub communities have been able to coordinate action — for good or ill — across the web. When the annual Boston Marathon was attacked by bombers in April last year, Reddit embarked on a manhunt to identify the suspects. Users accidentally blamed the wrong person.
 
They have achieved some good cause goals, Collectively in the past Redditors have raised money for cancer survivors, animal shelters and clean drinking water for developing countries in the past, all by rallying around causes brought to their attention on the site. Reddit also plans to donate a percentage of its revenue to charity,
 
Bonus:

 
So what do you guys think? Post your comments & Rants down belooooooooooooowwww... B)
 plus+ leave a like if you liked the post
Linkzzzzzzzzzzzzzzzzzzz...
https://redditmade.com/
http://bits.blogs.nytimes.com/2014/10/29/reddit-opens-a-crowdfunding-site/

[Swanted]

This is really interesting. But! Do we need it?

[megadarkwood]

I already made a campaign, https://redditmade.com/campaign/rmechanicalkeyboards-t-shirt

[AMICLG]

I don't think this will survive long.

"Imagine what we can create".... Oh god, the horrors.

[Octagoncow]

I think this arrived at the wrong time. It would have been more popular a year ago, but crowd funding has really taken a dive since it started.

[Trik'Stari]

So basically, we can expect Chtulu to arrive sometime in the near future and destroy the world.

[Toddwjp]

this makes alot of sense really, a sub reddit is a great way to update people.