One of the best parts about being an inventor in 2016 is the opportunities through the online world. Luckily, there is a great tool for inventors online known as crowdfunding. Some of the smartest inventors know that utilizing crowdfunding is an awesome way to raise funds for their inventions and ideas.
The 3Doodler 2.0
You may have seen the popular 3D pen that took over with viral videos on social media. The 3Doodler 2.0 was the updated version that ran a second crowdfunding campaign. They called it a “sequel” campaign, and it raised over $1 million. Not only did they greatly surpass their original goal of $30,000, but they were able to do so in only 16 minutes.
Not only is this an amazing accomplishment, but it is also incredibly rare. The inventors behind this 3D pen spent more than two years redeveloping their product. Once it was time for backers to get their hands on the updated version, they were quick to jump on board as soon as the campaign was launched.
Prynt’s Instant Camera Case
If it’s one thing that millennials love, it is instant gratification. This is especially true when it comes to making memories last through photos. Prynt satisfied both of these needs when it raised over $1,500,000 through crowdfunding. Prynt is the first instant camera case for both iPhone and Android. It lets you print photos directly from your smart phone quickly and sufficiently.
People love different types of camera cases that can function as more than just something that protects your phone from damage. The idea of instantly creating hard copies of your memories sparked interest across social media sites. Even Buzzfeed got in on the action when it featured the printing case in one of its articles. More than 9,000 backers gave donations to Prynt’s crowdfunding campaign, and the printing case was able to become a well-known, viral invention.
The First Affordable Smart Watch
Gone are the days where smart watches were something only of a science fiction movie. Of course, a wide range of individuals are now able to own their own James Bond style watch. The very first smart watch available was the Pebble Time Smart Watch, which got its start with a successful crowdfunding campaign on Kickstarter.
When the campaign launched, backers were intrigued by the fact that they could now afford a watch with such modern technology. Pebble Time was able to reach $20,338,986, greatly surpassing their original goal of $500,000. Everyone wanted in on the action of being able to have a watch with spy capabilities! The first affordable smart watch gained over 78,000 backers.
Crowdfunding gives inventors more opportunities to not only raise funds, but potentially become the latest popular product on the market. Creating a buzz around your product through social media can not only help you raise funds, but help to make your invention more well-known.