With not even 24 hours down, and already over $13,000 $15,000 raised…
#SciFund Round 2 Launched!
Woohoo! #SciFund 2 is off to the races! I am in awe…
Creative Commons: the way to avoid copyright infringement in your #SciFund video
Jai Ranganathan Can you use copyrighted material, such as copyrighted songs or…
How do you get people to contribute to your crowdfunding project?
Jai Ranganathan As we count down the days to the May First…
SciFund projects go live on May 1!
At midnight on May 1, #SciFund Challenge projects go live on RocketHub!…
#SciFund 2: What can we achieve this time?
Another awesome teaser trailer from one of our round 2 participants! I’ve…
A #SciFund-er Prepares
I’m loving watching the fresh new proposals popping up on the #SciFund…
Get your SciFund teaser videos right here!
Jai Ranganathan Previews aren’t just for the movies! Two #SciFund folks have…
Less is more: setting the right dollar goal for your #SciFund project
A few #SciFund people have told me that they have not been receiving my e-mails or notifications via the #SciFund e-mail list. If you applied for #SciFund but haven’t heard from me in the past week, please contact me immediately (contact info on About page).
Okay, on to the topic of this post: how do you figure out the right dollar target for your #SciFund crowdfunding project?
There actually is some thinking involved in getting to the answer. The first step is to talk about fees. The organizers of #SciFund aren’t making a penny off of this, but RocketHub does charge some fees. If you make or exceed your target, RocketHub keeps 8% of what you raise (4% going to credit card fees, 4% going to RocketHub). If you don’t hit your target, RocketHub charges 12% (4% going to credit card fees, 8% going to RocketHub). Additionally, for people not in the US and Canada, there is a bank wiring fee, which is 10-20 dollars, when RocketHub sends your money to you.
#SciFund group video – be part of it!
Jai Ranganathan #SciFund is at its core about community: a community of…
