Does your machine happen to look anything like this (minus the magnetics of course):
I sold carbon credits for 1/2 price off. Cash only.
I’m not familiar with Crowd Funding. It feels like posting on FR to ask for people how they would go about getting some donatations to finish a big business opportunity might be a type of crowd funding.
Some inventors and entrapenuers, especially when they are absolutely positive about the returns, go to the bank and get a loan.
Easy.
Post a Crowd Funding plea claiming that you are in need of cash to get an abortion, get Gay Married, adopt a baby with your same sex spouse and have said baby baptized in the Church of Satan.
The cash will roll in.
You’re at the most cynical website on the internets.......
good luck. LOL.
Have you tried all local/state venture capital type groups available? SBA?
” the magnetics necessary to power it. “
Don’t take any Saudi Money, you may end up beside yourself...
Literally, your head may end up alonside your body as in side by side after it is detached....
Sounds like you are talking about a “free energy device” here.....
BEWARE, Beware!!!!
Please read: “Let There Be Light” by Robert Heinlein.
http://en.wikipedia.org/wiki/Let_There_Be_Light_(short_story)
I'm thinking of crowd funding a project myself, and have looked closely at the Kickstarter model. There, people post projects with funding goals. If fans of a project pledge enough to meet the funding goal, then the money flows to the project owner. If the funding goal is not met, then the contributors keep their money. This prevents projects from proceeding with funds that even the project owner thinks are insufficient. It's important to keep your contributors informed throughout the project so they realize you tried your darnedest even if you failed, and you didn't just run off with the money.
In order to attract money, the project owner offers rewards, depending on the amount of the contribution. The rewards cannot be equity (or the SEC gets involved) and they cannot be cash (per Kickstarter rules). The typical rewards are recognition at the lowest levels and priority access to the product at higher levels. For example, if someone is putting a new electronic watch into production (the Pebble watch was funded through Kickstarter), you might get gratitude for a $25 contribution, but you might get an actual watch for a $200 contribution, once the watches are in production.
As with older forms of investment, early contributions typically come from friends and family, who want you to succeed even if they don't necessarily want your product. Later contributions depend on your ability to market your project and your product.
Kickstarter contributions are more like NPR donations than they are regular investments. You put up money to watch the project happen, but -- unlike NPR -- you take a chance on whether you get the premium or not. Kickstarter project owners are "legally obligated" to come through on the premium offers, but there's no formal enforcement mechanism.
Give it up. If its successful Obama will take it away saying, “You didn’t build that” or if it fails a lot of innocent capital will be wasted. Just slink back in to subservience to the all knowing, all powerful bureaucratic machine in Washington and await your chocolate ration like everyone else./sarc
Does your machine happen to look anything like this (minus the magnetics of course):
You looking for a loan or a gift?
If a loan, what do you have as collateral?
If those magnets are meant to give you better gas mileage I think that’s been done already.
Can your “magnetics” be done through 3D printing? What are the hard costs that drive your $65K funding requirement? Do you need to produce 100 units to start? Wouldn’t a single unit be the key to additional funding?
Kickstarter: If you do not meet your proposed goal, you get nothing. Kickstarter may NOT approve of your project.
Idiegogo.... If you do not meet you goal, you get to keep what you raise..
Kickstarter definately has more eyes on their site.
I do wonder if the crowdfunding route has already had it’s run, and the novelty of it, has worn off.....
Just post that you need a sex change operation because you are a woman trapped in a man’s body. That should get you all the money you need. :-)