Crowdfunding has its origins in the concept of crowdsourcing, which is the broader concept of an individual reaching a goal by receiving and leveraging small contributions from many parties. Crowdfunding developed for this very reason. The concept was to collect the funds through small contributions from many parties in order to finance a particular creative project or venture. The client sought to engage a platform for crowdfunding based in India. We developed the Start51-Crowdfunding Platform with a user friendly website, secure payment gateway and visually appealing design.
Start51 brought in some thoughtful and credible challenges including social media integration and the successful launch on an Amazon Server. Our experts successfully deployed a tactical strategy for its implementation and marketing initiatives.
We delivered Start51 ahead of schedule and in uncompromised alignment with the proposed project scope. During the Beta Delivery Phase, the platform attracted and successfully funded two projects. The partnership ensured that the final product was: High quality, on schedule, and cost efficient. The end product was a comprehensive package that was in alignment with the client’s need while integrating a scalable and versatile application.
ROI and Benefits
Start51 offered an innovative crowdfunding platform to transform unique ideas into reality. Each project is independently created within Start51. Patrons of Start51 include filmmakers, musicians, and artists wanting to create an application or game. The creators have complete control over their project details and components. Initially, the project creators needed to set a funding goal and deadline for their venture. If people like the project, they can contribute money to make it happen. Start51 is an initiative to support projects from all industry verticals that meet the platform's project guidelines. When Start51 launched on the Amazon Server it garnered 1500+ users registered in a week’s time.
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