Are Crowd Funding Sites Getting To Crowded?

Currently I am running a crowd funding campaign on Indiegogo. I launched the campaign for many reasons. First I'd love a social network where voice is the post. You don't know how I'd love to hear the voice of that twitter fiend over in London, or the one in Singapore, or yours.

Second I wanted to see what the crowd funding sites were all about and how they work. Here is a list of what I have learned.

• How to make a pitch video (even if it's bad)
• How to invent perks (at first I felt I had nothing to offer as a perk)
• How no one gives a shit about your campaign
• How there are way too many campaigns for anyone to notice yours.
• That I don't have any friends or family that give a shit about my campaign. 30% of funding should come from them the first week.
• That funders prefer a physical item to fund.

Okay, it's been an interesting first week of my campaign, and I'm pretty sure it's cooked. There is no hope for it. I'm not to sad about it. Because I don't invest a ton of emotion into it. Oh I'm positive that someone is going to or already is building a social network just like Social Strength. It will be in the Internets future. I have no doubt. I'm an entrepreneur and I see things that most can not. Sometimes that's a curse.

The fact is, that yes, I do think the crowd funding sites are over crowded. There was 136 pages when I launched mine. That's one page with 9 campaigns on it x 136. That's just the new campaigns that week, that doesn't count all the ones currently running, and that doesn't count all the other crowd funding sites.

The only way someone has a chance to get funding from these types of sites is if they have a physical thing like a wallet or a technique gadget, like a camera. As I surfed the site constantly trying to learn, I found that people with physical items and especially high tech, well they are the ones pulling in all the cash. No one cares about a vision, or that someone stole all your recording equipment. Dogs and children seem to do okay. But the rest of us, well we better invent a new type of crowd funding site for us, because were F***ed.

~ Keep building your dreams

~ Jana