Crowdfunding Poker
GamCrowd, a crowdfunding company specifically for gambling start-ups, has been launched by Chris North, the man behind London’s Fox Poker Club which he founded in 2010.
Mar 25, 2019 Crowdfunding is a way to raise money for an individual or organization by collecting donations through family, friends, friends of friends, strangers, businesses, and more. By using social media to spread awareness, people can reach more potential donors than traditional forms of fundraising.
GamCrowd seeks to match investors, start-ups and industry expertise for the gambling industry, revolutionising the way that start-ups raise money in an era when early stage funding is becoming harder to source.
“The last start up I did struggled to register any interest from venture capitalists and so I went back to my own crowd,” said North.
“I didn’t know it was called crowdfunding at the time, but that is exactly what we did and it was a spectacular success”.
- Oct 07, 2020 Crowdfunding sites can be a great way to raise a large amount of money in a short period of time. However, the fees can add up, so you want to make sure it's worth the cost to use the site. If you have a popular product or cause, a piece of content that went viral, or a large social media following, then it may be easier to justify the expense.
- Crowdfunding Spins Statistics software. This is 100% NOT true PT4 is by far the poker tracking software that allow the most complete and customizable ways to.
GamCrowd is backed by many of the investors that supported the Fox Poker Club and the crowdfunding platform will go live at the end of January.
“Once we have a sufficient base of investors, start-ups and a crowd, we will begin putting people in touch with each other and allow investments to happen,” added North.
“We intend to introduce investors with contacts and expertise to start-ups in the gambling industry across the world. As I have already learned, this will add tremendous value to the start-ups that are successful in being funded.'
Comparing the Top Online Fundraising and Crowdfunding Platforms
Crowdfunding Poker
| Site | Total Raised | Supporters | Platform Fee | Payment Fee | Important to Know |
|---|---|---|---|---|---|
| $9B | 50M | 0% | 2.9% + $0.30 | Can withdraw immediately and deposits take 2-5 business days 24/7 rapid email support, mobile app, superior add beneficiary feature Easy to use fundraising tools make setup fast GoFundMe Guarantee protects donors and beneficiaries from fraud | |
| $1.5B | 10M | 5% | 3.0% + $0.30 | Offers 'flexible funding' Specializes in technology and hardware product launches Regular email support hours; marketing and campaign strategy support | |
| $3B | 15M | 5% | 3.0% + $0.20 | Specializes in creative projects with robust reward level feature 14-day wait to withdraw and deposits take 5-7 business days Limited email support hours Requires Kickstarter approval to launch a fundraiser | |
| $330M | NA | 4.9% | 2.9% + $0.30 | Can withdraw immediately and deposits take 2-5 business days No donor guarantee policy for fraud protection Limited email support hours | |
| NA | 22M | Nonprofits: 5% Personal: 0% | Nonprofits: 2.9% Personal: 2.9% + $0.30 | Supports UK gift aid 14-day wait to withdraw and deposits take 6-10 business days No fraud protection offered Limited email support hours | |
| NA | NA | Personal: 6.9% + $0.30 Nonprofit: 0% | Can withdraw immediately and deposits take 7+ days Zero fees for charities registered with Facebook Nonprofits must undergo a 24-hour charity verification process, slowing down setup No donor guarantee policy | ||
Last Update: 3/25/2019